The Chariton Valley Telephone Cooperative meeting will be held on October 3, 2019 and like last year, attendance is not required. This will be the second year using electronic voting after a successful first year. In 2017, only 6% of the Chariton Valley membership voted in the annual Board elections, where in the 2018 election a little over 19% of the members voted. This shows that several members which normally couldn’t attend the meeting to vote were able to do so online. There were many reasons to change to electronic voting but the main one for me was it allows 100% of the members an opportunity to vote, without having to travel.
I am sharing Chariton Valley’s Mission Statement because I feel it supports the company’s vision “To enhance opportunities for rural America by delivering premier telecommunications and technology in Missouri.”
Chariton Valley Mission Statement
“Chariton Valley will strive to promote the interests of its stakeholder and the communities that is serves by providing reliable, state of the art communication services at competitive rates in the areas it serves. Chariton Valley will operate with the value of honesty, integrity and fairness.”
I believe even with the ever-changing telecommunication industry we have made the best business decisions for the cooperative that we could and have followed the mission statement. This all would have not been possible without the vision of the past board members, a current strong board of directors, executive team and the approximately 100 employees that strive everyday of “Keeping You Connected.” There are several telephone cooperatives that did not have the same vision and they are either struggling or are no longer in business. I believe as Chariton Valley continues with the current fiber-to-the-home projects and looks for other possible revenue opportunities, this will allow Chariton Valley to remain an industry leader in the area.
One change that was made this year is that there will be 100 randomly selected winners of a $100 prize. You do not need to be present to win and voting electronically is your automatic entry into the drawing. I want to thank everyone that participated in last year elections and encourage everyone that didn’t, to exercise your right to vote this year.
President of the Board
The regular annual meeting of the Shareholders of Chariton Valley Telephone Corporation was held Thursday, October 11th, 2018 at the Salisbury High School in Salisbury, Missouri. Chief Executive Officer, Kirby Underberg welcomed those in attendance and those watching online through Facebook Live. Mr. Underberg then led the audience in reciting the Pledge of Allegiance. The current Board of Directors and the Election Results Committee were introduced by Mr. Underberg.
Mr. Gary Scheiderer, President called the meeting to order at 6:00 p.m. The Election Results Committee; consisting of Corporate Attorney, Craig Johnson; Chief Finance Officer, Tina Jordan; and membership representatives, Dennie Gaines and Steve Basler; retrieved the election results online from the balloting administrator, Survey & Ballot Systems (SBS). President Scheiderer reported that the bylaws require 4% of the 4296 outstanding voting shares to be represented by confirmed electronic vote to constitute a quorum, that 837 voting shares were confirmed, that 837 exceeded 4% of the total outstanding shares, thus a quorum was represented, and the meeting would proceed.
President Scheiderer presented the meeting notice stating the place, day and hour of the meeting and the statement of the number of directors to be elected and the names and addresses of the candidates. He also presented the proof of mailing of the notice showing that the annual meeting notices were mailed or emailed on September 18th, 2018 to each of the members of Chariton Valley Telephone Corporation. A motion was made, seconded and carried by voice vote to waive the reading of the official notice of meeting and proof of mailing thereof. President Scheiderer then asked if there were any corrections or amendments to last year’s minutes. There being none, he asked for a motion to dispense with reading of last year’s minutes and approve the minutes as printed on the annual meeting web page. A motion was made, seconded and carried by voice vote to dispense with reading of the minutes and to approve them as presented.
Mr. Kirby Underberg presented the Chief Executive Officer’s report to the audience. The results of the elections were then announced by Attorney Craig Johnson:
Melissa Cole (Northeast Area) – 523 Randy Asbury (South Central Area) – 276
Cheryl Dye (Northeast Area – 237 Charlotte Miller (Southwest Area) – 518
Kelly Linneman (South Central Area) – 523 Mike Forrest (Southwest Area) – 241
Mr. Johnson then declared Melissa Cole, Kelly Linneman, and Charlotte Miller elected to the Board of Directors of Chariton Valley Telephone Corporation.
President Gary Scheiderer announced the winner of the 2019 Directory Cover Photo Contest. Emily Binder won the contest with a photo titled Rays of Peace taken in rural Salisbury on her family farm. Mr. Scheiderer then announced the winner of the grand prize. Every member who voted was automatically entered in the drawing. The winner was randomly selected by the balloting administrator, SBS. Marion and Mary Fehling, Salisbury was declared the winner of the grand prize, a 2018 John Deere Gator.
There being no further business to come before the meeting, a motion was made and seconded and the meeting was adjourned at 6:16 p.m.