Minutes of Initial Shareholders Meeting

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					This document provides a template for the minutes of a corporation's initial meeting of
its shareholders. This template form contains standard language common to minutes
for a corporation's first shareholders' meeting, such as adoption of the articles of
incorporation and the appointment of corporate directors and officers, as well as
opportunities to insert optional language. This document can be modified to fit the
needs of any corporation needing to record minutes for its initial shareholders' meeting.
MINUTES OF THE FIRST MEETING OF SHAREHOLDERS OF
         ____________________________________

      The First Meeting of Shareholders of __________________ (“Company”), was held at
____________ [Address] ________________ on _______ [date] _______, at ____ [time].

         The following shareholders were present in person:

Name                                            Number of Shares
____________________________                    _____________________________
____________________________                    _____________________________
____________________________                    _____________________________

         The following shareholders were represented by proxy:

Name                                            Number of Shares

____________________________                    _____________________________
____________________________                    _____________________________
____________________________                    _____________________________

OPENING & WELCOME

        ____________________, ______________ of Company, acted as Chairman of the
meeting and ______________________, _____________ of Company, acted as Secretary of the
meeting. The Chairman opened the meeting, welcomed those present, and announced that a
quorum was present, either in person or by proxy, and that the meeting could go forward and
conduct business. The Chairman announced that the meeting was held pursuant to written
waiver of notice of meeting, signed by each of the Shareholders not present. A written Waiver
of Notice of the time and place of holding the meeting, signed by all of the shareholders of this
Company not present, was then presented and read by the Chairman and the same was ordered,
filed, and inserted in the minutes.

RATIFICATION OF CHAIR & SECRETARY

       On motion duly made and carried, the appointment of the Chairman and Secretary of the
meeting were ratified.

ADOPTION OF ARTICLES OF INCORPORATION

       The Chairman then presented and read to the Meeting attendees, a copy of the Articles of
Incorporation of Company and reported that the original was filed with the office of the
Secretary of State of _______________ on the _____ day of ___________, ____ [date of
incorporation].



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      On motion duly made, seconded, and unanimously approved, the following resolution
was unanimously adopted:

       RESOLVED that the Articles of Incorporation of Company, which have been presented
to and reviewed by the Shareholders, are hereby ratified and approved, and a certified copy of
the Articles of Incorporation will be inserted by the Secretary in the minute book of Company
and kept at the registered office of Company.

       RESOLVED, that all actions taken on behalf of the Company by the Incorporator are
hereby ratified and affirmed.

APPOINTMENT OF DIRECTORS

      The Chairman announced that the next order of business was the election of directors.
On motion duly made, seconded, and unanimously approved, the following resolution was
unanimously adopted:

        RESOLVED, that each of the following persons are hereby elected to serve as a member
of the Board of Directors consisting of this Company and to serve until the next annual meeting
of shareholders, or until the earlier of their resignation or removal, or until their successor is duly
elected and qualified:

________________________
________________________
________________________

APPOINTMENT OF OFFICERS

        The Chairman announced that the next order of business related to appointment of
directors. On motion duly made, seconded, and unanimously approved, the following resolution
was unanimously adopted:

       RESOLVED, that the Directors of this Company are directed to meet at the earliest
opportunity to elect the officers of Company and to take such action as may be deemed advisable
or necessary.

RATIFICATION AND APPROVAL

        The Chairman announced that the next order of business was ratification and approval of
past actions of the officers. On motion duly made, seconded, and unanimously approved, the
following resolution was unanimously adopted:

        RESOLVED, that any and all acts taken and any and all agreements or other instruments
executed on behalf of Company by any officer or officers of Company prior to the execution
hereof with regard to any of the transactions or agreements authorized or approved by any or all
of the foregoing resolutions are ratified, confirmed, adopted, and approved.



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ISSUE OF SHARES

      The Chairman announced that the next order of business was the issuance of shares. On
motion duly made, seconded, and unanimously approved, the following resolution was
unanimously adopted:

       RESOLVED, that the Board of Directors be and is hereby authorized to issue all of the
unsubscribed stock of this Company at such time and in such amounts as shall be determined by
the Board of Directors, and to accept in payment thereof, money, labor 
				
DOCUMENT INFO
Description: This document provides a template for the minutes of a corporation's initial meeting of its shareholders. This template form contains standard language common to minutes for a corporation's first shareholders' meeting, such as adoption of the articles of incorporation and the appointment of corporate directors and officers, as well as opportunities to insert optional language. This document can be modified to fit the needs of any corporation needing to record minutes for its initial shareholders' meeting.
This document is also part of a package Meeting & Conference Templates 21 Documents Included