Comanche Energy, Inc. Announces Ruling on Special Shareholders Meeting Litigation.Business Editors TULSA Tulsa (tŭl`sə), city (1990 pop. 367,302), seat of Tulsa co., NE Okla., on the Arkansas River east of its junction with the Cimarron; inc. 1898. , Okla.--(BUSINESS WIRE)--Feb. 23, 2001 Comanche Energy, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). Pink Sheets: CMCY) announced that the District Court in Tulsa issued an order in the litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. involving the validity of a special shareholders meeting held on February 5, 2001. After consideration, Judge Jane P. Wiseman ruled that the standards for the removal of a Director had been met by the shareholders vote of more than 29,000,000 out of more than 34,000,000 shares validly voting. The court concluded, "The actions taken at the February 5, 2001, meeting were valid." At the special shareholders meeting, four Directors of Comanche Energy, Inc. were removed. The four Directors removed are Charles B. Crowell, Frank W. Cole, Norman Munro Norman Munro published the American juvenile magazine "Golden Hours" in the late 19th and early 20th centuries. One of his main writers was H. Irving Hancock. and Elise Blount-Johnston. Counsel for the plaintiffs, Ronald C. Kaufman, stated, "We are obviously pleased at the outcome and that the overwhelming will of the shareholders has prevailed." |
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