Mary Lou is chair of the board of directors of Evening Shade Properties, Inc. Evening Shade hadits annual shareholder meeting two months ago, but a new merger opportunity has come toMary Lou's attention, and she wants to call a special meeting of the shareholders to discuss it. Tosuccessfully call a special meeting of the shareholders, Evening Shade must:do nothing; shareholder meetings are limited to one annually.notify its shareholders of the date, time, and place of the meeting at least tendays, but not more than sixty days, before the meeting date and include astatement of the purpose of the meeting.notify its shareholders by certified mail at least thirty days before the meeting.notify all members of the board of directors of the date, time, and place of themeeting at least ten days, but not more than sixty days, before the meeting dateand include a statement of the purpose of the meeting.

A merger opportunity is an opportunity offered to an organization to merge with another company…

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