UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) May 12, 2010
CALVIN B. TAYLOR BANKSHARES, INC.
(Exact name of registrant as specified in its charter)
Maryland
(State of incorporation)
000-50047
(Commission file number)
52-1948274
(IRS Employer
Identification No.)
24 North Main Street, Berlin, Maryland 21811
Address of principal executive offices
(410) 641-1700
(Registrant’s telephone number, including area code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
Section 5 – Corporate Governance and Management
Item 5.07 Submission of Matters to a Vote of Security Holders
On May 12, 2010, the Company held its Annual Meeting of Stockholders. The purposes of the meeting were as follows:
Item 1. To elect the Directors of the Company, who shall serve for a one-year term, and until their respective successors are elected and have qualified.
Item 2. To ratify the appointment of Rowles & Company, LLP as the independent auditors for Calvin B. Taylor Bankshares, Inc., and Calvin B. Taylor Banking Company of Berlin, Maryland for the fiscal year ending December 31, 2010.
Item 3. To transact such other business as may properly come before the meeting or any adjournment or postponement thereof.
Final voting results for Item 1, the election of officers, are detailed in the following table.
| Votes Cast | Broker | |||||
| For | Against | Withheld | Total | Abstentions | Non-votes | |
| James R Bergey Jr | 1,989,677 | - | 1,069 | 1,990,746 | - | 128,513 |
| John H Burbage Jr | 1,989,327 | - | 1,419 | 1,990,746 | - | 128,513 |
| Todd E Burbage | 1,989,397 | - | 1,349 | 1,990,746 | - | 128,513 |
| Charlotte K Cathell | 1,989,677 | - | 1,069 | 1,990,746 | - | 128,513 |
| Reese F Cropper Jr | 1,900,349 | - | 90,397 | 1,990,746 | - | 128,513 |
| Reese F Cropper III | 1,904,589 | - | 86,157 | 1,990,746 | - | 128,513 |
| Hale Harrison | 1,980,242 | - | 10,504 | 1,990,746 | - | 128,513 |
| Gerald T Mason | 1,989,677 | - | 1,069 | 1,990,746 | - | 128,513 |
| William H Mitchell | 1,901,136 | - | 89,610 | 1,990,746 | - | 128,513 |
| Joseph E Moore | 1,904,719 | - | 86,027 | 1,990,746 | - | 128,513 |
| Michael L Quillin Sr | 1,989,347 | - | 1,399 | 1,990,746 | - | 128,513 |
| Raymond M Thompson | 1,904,465 | - | 86,281 | 1,990,746 | - | 128,513 |
Final voting results for Item 2, ratification of Rowles & Company, LLP as independent auditor, are detailed in the following table.
| Votes Cast | Broker | |||||
| For | Against | Withheld | Total | Abstentions | Non-votes | |
| Rowles & Company, LLC | 2,074,184 | 881 | - | 2,075,065 | 100 | 44,094 |
There was no other business introduced under Item 3.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Calvin B. Taylor Bankshares, Inc.
Date: May 13, 2010_______
By: /s/ Raymond M. Thompson
Raymond M. Thompson
President & Chief Executive Officer
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