PrefBlog

JovFunds has announced:

that the adjourned special meeting of the preferred shareholders of Charterhouse was held on October 30, 2008.

Preferred shareholders of Charterhouse approved a special resolution to merge Charterhouse into a newly formed open-ended mutual fund trust and, in the event the merger is implemented, suspend the annual retraction of preferred shares or payment of annual retraction proceeds. Preferred shareholders of Charterhouse also approved a special resolution to amend the articles of incorporation of Charterhouse to permit it to suspend the annual retraction of preferred shares or payment of retraction proceeds if, prior to the scheduled annual redemption date, the board of directors elects to redeem all outstanding preferred shares of Charterhouse in connection with the orderly liquidation of Charterhouse.

The meeting has been previously referenced on PrefBlog. PFD.PR.A is not tracked by HIMIPref™.

This entry was posted on Friday, October 31st, 2008 at 5:40 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.