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Notes

November 19, 1987

Scan-Tron shareholders, who reassembled Wednesday after a two-week adjournment of their annual meeting, approved a plan to reincorporate the Tustin-based electronics manufacturer in Delaware. The meeting, which began Nov. 4, was adjourned the same day because the Oct. 19 stock market collapse put brokerage houses behind schedule in compiling Scan-Tron proxy votes. As a result of the backlog, Scan-Tron had less than the majority of outstanding shares needed to pass the reincorporation measure when it convened its annual meeting. Scan-Tron makes optical mark reading equipment and scannable forms for educational, commercial, health-care and government markets.

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