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2007 Meeting Archives

• 2001
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• 2007
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• January 13th, 2007

  1. Admitted Andrew Felger as a partner.
  2. Voted to explore investment in Rocky Mountain Chocolate Factory for the purpose of future shareholder activism.

• February 10th, 2007

  1. Authorized investment in SunTech Power Holdings and SunOpta Corp.
  2. Declined to authorize reinvestment in RailPower Technologies

• March 10th 2007

  1. Authorized The Income Portfolio to invest in Prologis.
  2. Authorized The Growth Portfolio to invest in Watts Water Technologies, American Railcar Industries, Trinity Industries, Westinghouse Airbrake Technolgies, United Natural Foods, and Sharp Corp.
  3. Declined to authorize investment in Greenbrier Companies and FreightCar America

• April 14th, 2007

  1. Admitted Christopher Grundy to the partnership.
  2. Declined to authorize investment by The Income Portfolio in emerging market government bond funds without clearly stated SRI criteria.

• May 12th, 2007

  1. Authorized investment in Xerox Capital Trust I
  2. Rejected investment in Tribune Co. SATURNS
  3. revoked the standing authorization allowing the Income Portfolio to invest in ABN Ambro and HSBC Holdings PLC preferred shares.

• June 9th, 2007 (Annual Meeting)

  1. Elected the following officers for the 2007-2008 operational year:
     President: R. Tucker Gilman
     Vice president: Craig Robertson
     Treasurer: Douglas J. Emmett
     Webmaster: Joseph A. Pittoello
     Shareholder Activism Coordinator: Andrew Felger
  2. Admitted Dennis Cuchna to the partnership.
  3. Authorized investment by the RainFrog Growth Portfolio in the common shares of Health Care REIT, Medical Properties Trust, and National Healthcare Investors.

• July 14th, 2007

  1. Authorized investment by the Income Portfolio in Alexandria Real Estate Equities series C preferred shares and BioMed Realty Trust series A preferred shares
  2. Adopted the generalized sell and tax loss harvesting proposals as follows:

     An equity shall be defined as "overpriced" if the market price of that equity results in a price/earnings to expected growth ratio that is less than 91% of the average price/earnings to expected growth ratio of the company's primary industry (after excluding the issuing company from the industry), or in a price to earnings ratio that is more than 110% of the equity's average historical price to earnings ratio.

     The Partnership authorizes the officers to liquidate investments in the RainFrog Growth Portfolio if those investments become overpriced.

     The Partnership directs the officers to harvest tax losses for the benefit of the partners, with instruction that the officers should attempt to protect the potential for net capital gains of all partners.

• August 11th, 2007

  1. Authorized investment in Cybex International

• September 8, 2007

  1. Authorized the partnership to liquidate shares as necessary to meet planned withdrawals in the coming month.

• 2001
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• 2004
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• 2007
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