At 13:21 +0000 30/11/08, Thomas Dalton wrote:
>  > Yes, nice to agree.
>>
>>  The Governance of WMUK is far from settled AFAIK. A very large group
>>  (hundreds or thousands) cannot have a single voice with some
>  > hierarchical or other structures.
>
>The Governance is pretty much determined by the Companies Act 2006,
>the Memorandum of Association and the Articles of Association. There
>are members who elect a board at the AGM and the board runs the
>charity. The members have certain additional powers which can be
>exercised in writing, at AGMs or at EGMs. "Member" is this context
>means "guarantor member".
>
>The part that isn't settled yet is membership fees and what forms of
>membership we'll have (if any) in addition to membership of the
>company proper, but whatever is decided, they won't get a vote at
>AGMs.
>
>Having 100s or over 1000s of members shouldn't be a problem - most
>will probably vote by proxy at the AGM. There are public companies
>with 10s or even 100s of thousands of shareholders that manage just
>fine, the vast majority just fill out a proxy statement that is sent
>to them in the post and never go near the actual meeting.

Not a problem to have 1000s of guarantor members? Is that what you mean?

Gordo


-- 
"Think Feynman"/////////
http://pobox.com/~gordo/
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