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The directors of the board of trade, a pioneer in the buying and selling of grain, metals and financial futures for more than 150 years, said they would recommend that the members approve a plan to demutualize the corporation and divide the exchange into one company devoted to "open outcry" floor trading and another dedicated to electronic trading.
The Board may not be dissolved nor may its assets be transferred to a successor organization unless all of the following conditions are satisfied: 75% of the members of the Parliament of Montenegro approve, the President of the Republic of Montenegro approves and all of the directors of the Board approve.
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They belong to the directors of the boards of the major companies in the U.S. and around the globe.
In addition, the director of the board's school facilities division, Patricia Zedalis, is being removed from her post.
"Job losses and uncertainty about the future are making for a very frugal shopper," Lynn Franco, the director of the board's consumer research center, said in a statement.
But as the clamor grew, the directors of the Big Board agreed to a telephone meeting yesterday.
"Some months ago I went to the directors of the Dons Trust, the parent board of the club," Samuelson explained.
According to Paul Adams, the director of the local Board of Elections, thousands here agreed.
Certainly his successor, Dieter Kosslick, is German, the director of the film board of the region of North Rhine-Westphalia.
The director of the state language board has been fired for "financial mismanagement".
Fund-raising is the responsibility of the board of directors and the director of the institution.
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