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Part 2
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Vol. 2- City of Santa Ana Financing Authority (Police Administration and Holding Facility)
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Part 2
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Any shareholder giving a written consent, or the <br /> shareholders's proxyholders, or a transferee of the shares of a <br /> personal representative of the shareholder or his respective <br /> proxyholders, may revoke the consent by a writing received by the <br /> Corporation prior to the time that written consent of the number <br /> of shares required to authorize the proposed action have been <br /> filed with the Secretary of the Corporation, but may not do so <br /> thereafter. Such revocation is effective upon its receipt by the <br /> Secretary of the Corporation. <br /> Section 2.10 PROXIES. Every person entitled to vote or <br /> execute consents shall have the right to do so either in person <br /> or by one or more agents authorized by a written proxy executed <br /> by such person or his duly authorized agent and filed with the <br /> Secretary of the Corporation. Any proxy duly executed is not <br /> revoked and continues in full force and effect until (i) an <br /> instrument revoking it or a duly executed proxy bearing a later <br /> date is filed with the Secretary of the Corporation prior to the <br /> vote pursuant thereto, (ii) the person executing the proxy <br /> attends the meeting and votes in person, or (iii) written notice <br /> of the death or incapacity of the maker of such proxy is received <br /> by the Corporation before said proxy is voted and counted; <br /> provided that no such proxy shall be valid after the expiration <br /> of eleven (11) months from the date of its execution, unless <br /> otherwise provided in the proxy. <br /> Section 2.11 INSPECTORS OF ELECTION. <br /> (a) Appointment, Number. In advance of any <br /> meeting of shareholders, the Board of Directors may appoint any <br /> persons, other than nominees for office, as inspectors of <br /> election to act at such meeting or any adjournment thereof. If <br /> inspectors of election are not so appointed, or if any person so <br /> appointed fails to appear or refuses to act, the chairman of any <br /> such meeting may, and on the request of any shareholder or his <br /> proxy shall, make such appointment at the meeting as provided in <br /> the General Corporation Law. The number of inspectors shall be <br /> either one (1) or three (3) . If appointed at a meeting on the <br /> request of one or more shareholders or proxies, the majority of <br /> shares represented in person or by proxy shall determine whether <br /> one (1) or three (3) inspectors are to be appointed. <br /> (b) Duties. The duties of such inspectors shall <br /> be as prescribed by the General Corporation Law and shall <br /> include: determining the. number of shares outstanding and the <br /> voting power of each; the shares represented at the meeting; the <br /> existence of a quorum; the authenticity, validity and effect of <br /> proxies; receiving votes, ballots or consents; hearing and <br /> determining all challenges and questions in any way arising in <br /> connection with the right to vote; counting and tabulating all <br /> I - votes or consents; determining when the polls shall close; <br /> determining the result; and such acts as may be proper to conduct <br /> the election or vote with fairness to all shareholders. In the <br /> determination of the validity and effect of proxies, the dates <br /> 7 <br />
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