(805 ILCS 35/13) (from Ch. 32, par. 1013)
Sec. 13.
The first annual meeting shall be held as soon as practicable
after the issuance of a certificate of incorporation. The first and
subsequent annual meetings of stockholders and members shall be called as
provided in the bylaws of the corporation.
At the first annual meeting, and at annual meetings thereafter the
directors shall be elected by vote of the stockholders. At all meetings,
annual or special, for whatever purpose held, stockholders shall have one
vote for each share of stock owned. When voting in elections for directors
every stockholder shall have the right to vote, in person or by proxy, for
the number of shares of stock owned by him, for as many persons as there
are directors to be elected, or to cumulate such shares, and give one
candidate as many votes as the number of directors multiplied by the number
of his shares of stock shall equal, or to distribute them on the same
principle among as many candidates as he shall think fit.
(Source: Laws 1965, p. 577.)
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