Davenport Ventures Announces Company's Special Meeting of Shareholders to Ratify the Proposed Merger With Royal Mortgage Corp.NAPLES, Fla.--(BUSINESS WIRE)--July 31, 1998--Davenport Ventures Inc. (OTC-EBB:DAVT) is pleased to announce that the company's Special Meeting of Shareholders to ratify ratify v. to confirm and adopt the act of another even though it was not approved beforehand. Example: An employee for Holsinger's Hardware orders carpentry equipment from Phillips Screws and Nails although the employee was not authorized to buy anything. the proposed merger with Royal Mortgage Corp. will be held at 10:00 a.m. on Aug. 10, 1998 at 8889 Pelican Bay Pelican Bay is the name of several places in the United States:
Complete proxies have been mailed to all shareholders of record as of July 22, 1998. As previously announced on June 30, 1998, the board of directors of Davenport Davenport, city (1990 pop. 95,333), seat of Scott co., E central Iowa, on the Mississippi River; inc. 1836. Bridges connect it with the Illinois cities of Rock Island and Moline; the three communities and neighboring Bettendorf, Iowa, are known as the Quad Cities. Ventures Inc. has approved the proposed merger. Separately, on July 9, 1998 the board of directors of Royal Mortgage Corp. approved the proposed merger. Shareholders of Royal Mortgage Corp. will vote on the merger at their shareholder meeting to be held on Aug. 10, 1998 at Royal's headquarters in Arlington, Texas Arlington is a city in Tarrant County, Texas (USA) within the Dallas-Fort Worth-Arlington metropolitan area. According to a U.S Census Bureau release, as of July 1, 2006 Arlington has an estimated population of 367,197. .
CONTACT: Davenport Ventures, Inc., Naples
Stephen R. Foster, Vice-President/Secretary
941/403-3968
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