Word: quorums
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Five months later, in mid-March, Brown reported to the directors that the membership analysis was complete and that, indeed, there had not been a quorum present October 23. By checking the membership lists against the Harvard, M.I.T., and Episcopal Theological School directories, the Coop ascertained that on October 23 there were 25,252 voting members out of a total membership of 50,299. Five per cent of this number would have been 1263. The alternate slate, therefore, fell 262 short of a quorum...
Although the bid for a "Coop Coup" fell short because it failed to draw a quorum of current Coop members to the annual meeting on October 23, the fact that a thousand members turned out to vote has had a positive effect on the directors. Milton P. Brown '40, Lincoln Filene Professor of Retailing and current Coop president, sees a definite cause-and-effect relationship between the "yeasting" the took place last fall and the new awareness of the board...
...years ago nine members came to the meeting. Every year the ten Stockholders, who like the Harvard Corporation, are self-replenishing, nominated a 23-man slate, which included nine undergraduate and graduate students from Harvard, Radcliffe, and M.I.T. These student were usually recommenced by their respective deans. Because a quorum was never present at the annual participating members meeting in October the Stockholders' slate automatically took office...
...wake of the last annual meeting, the whole issue of who votes has stirred a good deal of controversy. The current by-law provisions seem reasonably straightforward in this respect. To have a quorum at the annual meeting five per cent of the current membership of students and faculty off Harvard, M.I.T., and the Episcopal Theological School must be present. The quorum-count does not include employee or alumni members, who comprise the other half of the Coop's nearly 50,000 total membership. If a quorum is present, a simple majority can elect a slate. Thus...
...voting took place at all last fall. According to Coop records at the time, a quorum would have consisted of 1435 members, while only 1001 were in attendance at Cambridge High and Latin. Brown, therefore, declared the election of the stockholders' slate. No quorum, no meeting. At this point, however, a number of people raised some serious and embarrassing questions about the Coop's method of calculating a quorum. For instance, one student pointed out that the Coop listed 2008 Law School members, while, in fact, there are only 1699 enrolled in the entire Law School. Brown, at the time...