UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT
COMPANY
INVESTMENT COMPANY ACT FILE NUMBER: 811-3931
NAME OF REGISTRANT: CLIPPER FUND INC
ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 9601 Wilshire Blvd Ste 800
Beverly Hills, CA 90210
NAME AND ADDRESS OF AGENT FOR SERVICE: Michael Kromm
9601 Wilshire Blvd Ste 800
Beverly Hills, CA 90210
REGISTRANT'S TELEPHONE NUMBER: 310-247-3939
DATE OF FISCAL YEAR END: 12/31
DATE OF REPORTING PERIOD: 07/01/2004 - 06/30/2005
Clipper Fund, Inc.
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ALTRIA GROUP, INC. Agenda Number: 932270286
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Security: 02209S103
Meeting Type: Annual
Meeting Date: 28-Apr-2005
Ticker: MO
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
ELIZABETH E. BAILEY Mgmt For For
HAROLD BROWN Mgmt For For
MATHIS CABIALLAVETTA Mgmt For For
LOUIS C. CAMILLERI Mgmt For For
J. DUDLEY FISHBURN Mgmt For For
ROBERT E. R. HUNTLEY Mgmt For For
THOMAS W. JONES Mgmt For For
GEORGE MUNOZ Mgmt For For
LUCIO A. NOTO Mgmt For For
JOHN S. REED Mgmt For For
CARLOS SLIM HELU Mgmt For For
STEPHEN M. WOLF Mgmt For For
02 2005 PERFORMANCE INCENTIVE PLAN Mgmt For For
03 2005 STOCK COMPENSATION PLAN FOR NON-EMPLOYEE Mgmt For For
DIRECTORS
04 RATIFICATION OF THE SELECTION OF INDEPENDENT Mgmt For For
AUDITORS
05 STOCKHOLDER PROPOSAL NO. 1 REQUESTING ELIMINATION Shr Against For
OF ANIMAL TESTING FOR TOBACCO PRODUCTS
06 STOCKHOLDER PROPOSAL NO. 2 REQUESTING WAYS TO Shr Against For
MORE ADEQUATELY WARN PREGNANT WOMEN
07 STOCKHOLDER PROPOSAL NO. 3 SEEKING TO CEASE Shr Against For
PROMOTING LIGHT AND ULTRA LIGHT BRANDS
08 STOCKHOLDER PROPOSAL NO. 4 SEEKING TO EXTEND Shr Against For
NEW YORK FIRE-SAFE PRODUCTS NATIONALLY
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AMERICAN EXPRESS COMPANY Agenda Number: 932273484
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Security: 025816109
Meeting Type: Annual
Meeting Date: 27-Apr-2005
Ticker: AXP
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
D.F. AKERSON Mgmt For For
C. BARSHEFSKY Mgmt For For
W.G. BOWEN Mgmt For For
U.M. BURNS Mgmt For For
K.I. CHENAULT Mgmt For For
P.R. DOLAN Mgmt For For
V.E. JORDAN, JR. Mgmt For For
J. LESCHLY Mgmt For For
R.A. MCGINN Mgmt For For
E.D. MILLER Mgmt For For
F.P. POPOFF Mgmt For For
R.D. WALTER Mgmt For For
02 PROPOSAL TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERSMgmt For For
LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS.
03 SHAREHOLDER PROPOSAL RELATING TO STOCK OPTIONS. Shr Against For
04 SHAREHOLDER PROPOSAL REQUESTING A SEPARATE ANNUAL Shr Against For
REPORT DESCRIBING THE COMPANY S POLITICAL CONTRIBUTIONS.
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CVS CORPORATION Agenda Number: 932293501
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Security: 126650100
Meeting Type: Annual
Meeting Date: 12-May-2005
Ticker: CVS
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
W. DON CORNWELL Mgmt For For
THOMAS P. GERRITY Mgmt For For
STANLEY P. GOLDSTEIN Mgmt For For
MARIAN L. HEARD Mgmt For For
WILLIAM H. JOYCE Mgmt For For
TERRENCE MURRAY Mgmt For For
SHELI Z. ROSENBERG Mgmt For For
THOMAS M. RYAN Mgmt For For
ALFRED J. VERRECCHIA Mgmt For For
02 PROPOSAL TO RATIFY THE APPOINTMENT OF KPMG LLP Mgmt For For
AS CVS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31,
2005.
03 STOCKHOLDER PROPOSAL REGARDING ELECTION OF DIRECTORS. Shr Against For
04 STOCKHOLDER PROPOSAL REGARDING PERFORMANCE AND Shr Against For
TIME-BASED RESTRICTED SHARES.
05 STOCKHOLDER PROPOSAL REGARDING NON-DEDUCTIBLE Shr Against For
EXECUTIVE COMPENSATION.
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EL PASO CORPORATION Agenda Number: 932229241
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Security: 28336L109
Meeting Type: Annual
Meeting Date: 18-Nov-2004
Ticker: EP
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
JOHN M. BISSELL Mgmt For For
JUAN CARLOS BRANIFF Mgmt For For
JAMES L. DUNLAP Mgmt For For
DOUGLAS L. FOSHEE Mgmt For For
ROBERT W. GOLDMAN Mgmt For For
ANTHONY W. HALL, JR. Mgmt For For
THOMAS R. HIX Mgmt For For
WILLIAM H. JOYCE Mgmt For For
RONALD L. KUEHN, JR. Mgmt For For
J. MICHAEL TALBERT Mgmt For For
JOHN L. WHITMIRE Mgmt For For
JOE B. WYATT Mgmt For For
02 RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS Mgmt For For
LLP AS INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
FOR FISCAL YEAR ENDING DECEMBER 31, 2004.
03 APPROVAL OF STOCKHOLDER PROPOSAL REGARDING EXPENSING Shr For Against
COSTS OF ALL FUTURE STOCK OPTIONS IN THE ANNUAL
INCOME STATEMENT.
04 APPROVAL OF STOCKHOLDER PROPOSAL REGARDING COMMONSENSE Shr Against For
EXECUTIVE COMPENSATION.
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EL PASO CORPORATION Agenda Number: 932272127
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Security: 28336L109
Meeting Type: Annual
Meeting Date: 26-May-2005
Ticker: EP
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
JUAN CARLOS BRANIFF Mgmt For For
JAMES L. DUNLAP Mgmt For For
DOUGLAS L. FOSHEE Mgmt For For
ROBERT W. GOLDMAN Mgmt For For
ANTHONY W. HALL, JR. Mgmt For For
THOMAS R. HIX Mgmt For For
WILLIAM H. JOYCE Mgmt For For
RONALD L. KUEHN, JR. Mgmt For For
J. MICHAEL TALBERT Mgmt For For
ROBERT F. VAGT Mgmt For For
JOHN L. WHITMIRE Mgmt For For
JOE B. WYATT Mgmt For For
02 APPROVAL OF EL PASO CORPORATION 2005 COMPENSATION Mgmt For For
PLAN FOR NON-EMPLOYEE DIRECTORS.
03 APPROVAL OF EL PASO CORPORATION 2005 OMNIBUS Mgmt For For
INCENTIVE COMPENSATION PLAN.
04 RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS Mgmt For For
LLP AS INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
FOR FISCAL YEAR ENDING DECEMBER 31, 2005.
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ELECTRONIC DATA SYSTEMS CORPORATION Agenda Number: 932298929
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Security: 285661104
Meeting Type: Annual
Meeting Date: 22-Apr-2005
Ticker: EDS
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
W. ROY DUNBAR Mgmt For For
MICHAEL H. JORDAN Mgmt For For
02 RATIFICATION OF APPOINTMENT OF AUDITORS. Mgmt For For
03 BOARD OF DIRECTORS PROPOSAL TO REPEAL CLASSIFIED Mgmt For For
BOARD AND PROVIDE FOR ANNUAL DIRECTOR ELECTIONS
COMMENCING IN 2006.
04 BOARD OF DIRECTORS PROPOSAL TO ELIMINATE SUPER Mgmt For For
MAJORITY VOTING REQUIREMENTS.
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FEDERAL HOME LOAN MORTGAGE CORPORATI Agenda Number: 932224823
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Security: 313400301
Meeting Type: Annual
Meeting Date: 04-Nov-2004
Ticker: FRE
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
BARBARA T. ALEXANDER Mgmt For For
GEOFFREY T. BOISI Mgmt For For
MICHELLE ENGLER Mgmt For For
RICHARD KARL GOELTZ Mgmt For For
THOMAS S. JOHNSON Mgmt For For
WILLIAM M. LEWIS, JR. Mgmt For For
JOHN B. MCCOY Mgmt For For
EUGENE M. MCQUADE Mgmt For For
SHAUN F. O'MALLEY Mgmt For For
RONALD F. POE Mgmt For For
STEPHEN A. ROSS Mgmt For For
RICHARD F. SYRON Mgmt For For
WILLIAM J. TURNER Mgmt For For
02 RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS Mgmt For For
LLP AS INDEPENDENT AUDITORS FOR THE YEAR 2004
03 APPROVAL OF THE 2004 STOCK COMPENSATION PLAN Mgmt For For
04 APPROVAL OF THE AMENDED AND RESTATED EMPLOYEE Mgmt For For
STOCK PURCHASE PLAN
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HCA INC. Agenda Number: 932316727
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Security: 404119109
Meeting Type: Annual
Meeting Date: 26-May-2005
Ticker: HCA
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
C. MICHAEL ARMSTRONG Mgmt For For
M.H. AVERHOFF, M.D. Mgmt For For
JACK O. BOVENDER, JR. Mgmt For For
RICHARD M. BRACKEN Mgmt For For
MARTIN FELDSTEIN Mgmt For For
T.F. FRIST, JR., M.D. Mgmt For For
FREDERICK W. GLUCK Mgmt For For
GLENDA A. HATCHETT Mgmt For For
C.O. HOLLIDAY, JR. Mgmt For For
T. MICHAEL LONG Mgmt For For
JOHN H. MCARTHUR Mgmt For For
KENT C. NELSON Mgmt For For
FRANK S. ROYAL, M.D. Mgmt For For
HAROLD T. SHAPIRO Mgmt For For
02 RATIFICATION OF ERNST & YOUNG LLP AS HCA S INDEPENDENT Mgmt For For
AUDITOR, AS DESCRIBED IN THE PROXY STATEMENT.
03 APPROVAL OF THE HCA 2005 EQUITY INCENTIVE PLAN. Mgmt For For
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JOHNSON & JOHNSON Agenda Number: 932272507
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Security: 478160104
Meeting Type: Annual
Meeting Date: 28-Apr-2005
Ticker: JNJ
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
MARY S. COLEMAN Mgmt For For
JAMES G. CULLEN Mgmt For For
ROBERT J. DARRETTA Mgmt For For
MICHAEL M. E. JOHNS Mgmt For For
ANN D. JORDAN Mgmt For For
ARNOLD G. LANGBO Mgmt For For
SUSAN L. LINDQUIST Mgmt For For
LEO F. MULLIN Mgmt For For
CHRISTINE A. POON Mgmt For For
STEVEN S REINEMUND Mgmt For For
DAVID SATCHER Mgmt For For
WILLIAM C. WELDON Mgmt For For
02 APPROVAL OF 2005 LONG-TERM INCENTIVE PLAN. Mgmt For For
03 RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS Mgmt For For
AS INDEPENDENT AUDITORS
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KRAFT FOODS INC. Agenda Number: 932262467
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Security: 50075N104
Meeting Type: Annual
Meeting Date: 26-Apr-2005
Ticker: KFT
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
JAN BENNINK Mgmt For For
LOUIS C. CAMILLERI Mgmt For For
ROGER K. DEROMEDI Mgmt For For
DINYAR S. DEVITRE Mgmt For For
W. JAMES FARRELL Mgmt For For
BETSY D. HOLDEN Mgmt For For
RICHARD A. LERNER M.D. Mgmt For For
JOHN C. POPE Mgmt For For
MARY L. SCHAPIRO Mgmt For For
CHARLES R. WALL Mgmt For For
DEBORAH C. WRIGHT Mgmt For For
02 RATIFICATION OF THE SELECTION OF INDEPENDENT Mgmt For For
AUDITORS
03 APPROVAL OF THE 2005 PERFORMANCE INCENTIVE PLAN Mgmt For For
04 STOCKHOLDER PROPOSAL-REPORT ON IMPACTS OF GENETICALLY Shr Against For
ENGINEERED PRODUCTS
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MARSH & MCLENNAN COMPANIES, INC. Agenda Number: 932289007
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Security: 571748102
Meeting Type: Annual
Meeting Date: 19-May-2005
Ticker: MMC
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
MICHAEL G. CHERKASKY Mgmt For For
STEPHEN R. HARDIS Mgmt For For
THE RT. HON. LORD LANG Mgmt For For
MORTON O. SCHAPIRO Mgmt For For
ADELE SIMMONS Mgmt For For
02 RATIFICATION OF SELECTION OF INDEPENDENT REGISTERED Mgmt For For
PUBLIC ACCOUNTING FIRM
03 PROPOSAL TO APPROVE THE AMENDMENT OF MMC S EQUITY Mgmt For For
COMPENSATION PLANS TO PERMIT AN EXCHANGE OF
CERTAIN OPTIONS
04 STOCKHOLDER PROPOSAL: CEO COMPENSATION Shr Against For
05 STOCKHOLDER PROPOSAL: STOCK OPTION POLICY Shr Against For
06 STOCKHOLDER PROPOSAL: DIRECTOR ELECTION VOTING Shr Against For
STANDARD
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MERRILL LYNCH & CO., INC. Agenda Number: 932273410
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Security: 590188108
Meeting Type: Annual
Meeting Date: 22-Apr-2005
Ticker: MER
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
JILL K. CONWAY Mgmt For For
HEINZ-JOACHIM NEUBURGER Mgmt For For
E. STANLEY O'NEAL Mgmt For For
02 RATIFY APPOINTMENT OF DELOITTE & TOUCHE LLP Mgmt For For
AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM.
03 APPROVE THE DIRECTOR STOCK UNIT PLAN. Mgmt For For
04 INSTITUTE CUMULATIVE VOTING. Shr Against For
05 LIMIT CHIEF EXECUTIVE OFFICER COMPENSATION. Shr Against For
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OLD REPUBLIC INTERNATIONAL CORPORATI Agenda Number: 932291456
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Security: 680223104
Meeting Type: Annual
Meeting Date: 27-May-2005
Ticker: ORI
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
WILLIAM A. SIMPSON Mgmt For For
ARNOLD L. STEINER Mgmt For For
FREDRICKA TAUBITZ Mgmt For For
A.C. ZUCARO Mgmt For For
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PFIZER INC. Agenda Number: 932269423
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Security: 717081103
Meeting Type: Annual
Meeting Date: 28-Apr-2005
Ticker: PFE
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
MICHAEL S. BROWN Mgmt For For
M. ANTHONY BURNS Mgmt For For
ROBERT N. BURT Mgmt For For
W. DON CORNWELL Mgmt For For
WILLIAM H. GRAY III Mgmt For For
CONSTANCE J. HORNER Mgmt For For
WILLIAM R. HOWELL Mgmt For For
STANLEY O. IKENBERRY Mgmt For For
GEORGE A. LORCH Mgmt For For
HENRY A. MCKINNELL Mgmt For For
DANA G. MEAD Mgmt For For
RUTH J. SIMMONS Mgmt For For
WILLIAM C. STEERE, JR. Mgmt For For
JEAN-PAUL VALLES Mgmt For For
02 A PROPOSAL TO RATIFY THE APPOINTMENT OF KPMG Mgmt For For
LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM FOR 2005.
03 SHAREHOLDER PROPOSAL RELATING TO TERM LIMITS Shr Against For
FOR DIRECTORS.
04 SHAREHOLDER PROPOSAL REQUESTING A REPORT ON Shr Against For
INCREASING ACCESS TO PFIZER PRODUCTS.
05 SHAREHOLDER PROPOSAL RELATING TO IMPORTATION Shr Against For
OF PRESCRIPTION DRUGS.
06 SHAREHOLDER PROPOSAL RELATING TO POLITICAL CONTRIBUTIONS. Shr Against For
07 SHAREHOLDER PROPOSAL RELATING TO PRODUCT AVAILABILITY Shr Against For
IN CANADA.
08 SHAREHOLDER PROPOSAL RELATING TO THE SEPARATION Shr Against For
OF THE ROLES OF CHAIR AND CEO AND ACCESS TO
PHARMACEUTICAL PRODUCTS.
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PITNEY BOWES INC. Agenda Number: 932287875
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Security: 724479100
Meeting Type: Annual
Meeting Date: 09-May-2005
Ticker: PBI
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
MICHAEL J. CRITELLI Mgmt For For
MICHAEL I. ROTH Mgmt For For
ROBERT E. WEISSMAN Mgmt For For
02 RATIFICATION OF PRICEWATERHOUSECOOPERS LLP AS Mgmt For For
THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM FOR 2005.
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SAFEWAY INC. Agenda Number: 932312565
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Security: 786514208
Meeting Type: Annual
Meeting Date: 25-May-2005
Ticker: SWY
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
STEVEN A. BURD Mgmt For For
JANET E. GROVE Mgmt For For
MOHAN GYANI Mgmt For For
PAUL HAZEN Mgmt For For
ROBERT I. MACDONNELL Mgmt For For
DOUGLAS J. MACKENZIE Mgmt For For
REBECCA A. STIRN Mgmt For For
WILLIAM Y. TAUSCHER Mgmt For For
RAYMOND G. VIAULT Mgmt For For
02 APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT Mgmt For For
AUDITORS FOR FISCAL YEAR 2005.
03 STOCKHOLDER PROPOSAL REQUESTING CUMULATIVE VOTING. Shr Against For
04 STOCKHOLDER PROPOSAL REQUESTING THE SALE OF Shr Against For
SAFEWAY TO THE HIGHEST BIDDER.
05 STOCKHOLDER PROPOSAL REQUESTING AN INDEPENDENT Shr Against For
DIRECTOR AS CHAIRMAN OF THE BOARD.
06 STOCKHOLDER PROPOSAL REQUESTING THAT THE COMPANY Shr Against For
ISSUE AN ANNUAL SUSTAINABILITY REPORT.
07 STOCKHOLDER PROPOSAL REQUESTING THAT 50% OF Shr Against For
EACH DIRECTOR S COMPENSATION BE PAID IN RESTRICTED
STOCK.
08 STOCKHOLDER PROPOSAL REQUESTING MAJORITY VOTE Shr Against For
FOR ELECTION OF DIRECTORS.
09 STOCKHOLDER PROPOSAL REQUESTING INDEPENDENT Shr Against For
BOARD COMMITTEES.
10 STOCKHOLDER PROPOSAL REQUESTING AN OFFICE OF Shr Against For
THE BOARD OF DIRECTORS.
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SARA LEE CORPORATION Agenda Number: 932223009
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Security: 803111103
Meeting Type: Annual
Meeting Date: 28-Oct-2004
Ticker: SLE
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
B. BARNES Mgmt For For
J.T. BATTENBERG III Mgmt For For
C. COKER Mgmt For For
J. CROWN Mgmt For For
W. DAVIS Mgmt For For
V. JORDAN, JR. Mgmt For For
L. KOELLNER Mgmt For For
C. VAN LEDE Mgmt For For
J. MANLEY Mgmt For For
C. STEVEN MCMILLAN Mgmt For For
I. PROSSER Mgmt For For
R. RIDGWAY Mgmt For For
R. THOMAS Mgmt For For
02 RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS Mgmt For For
LLP AS SARA LEE S INDEPENDENT AUDITORS FOR
FISCAL 2005.
03 TO VOTE ON A STOCKHOLDER PROPOSAL REGARDING Shr Against For
CHARITABLE CONTRIBUTIONS.
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TENET HEALTHCARE CORPORATION Agenda Number: 932312008
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Security: 88033G100
Meeting Type: Annual
Meeting Date: 26-May-2005
Ticker: THC
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
TREVOR FETTER Mgmt For For
BRENDA J. GAINES Mgmt For For
KAREN M. GARRISON Mgmt For For
EDWARD A. KANGAS Mgmt For For
J. ROBERT KERREY Mgmt For For
FLOYD D. LOOP, M.D. Mgmt For For
RICHARD R. PETTINGILL Mgmt For For
JAMES A. UNRUH Mgmt For For
J. MCDONALD WILLIAMS Mgmt For For
02 PROPOSAL TO APPROVE THE THIRD AMENDED AND RESTATED Mgmt For For
2001 STOCK INCENTIVE PLAN.
03 PROPOSAL TO RATIFY THE SELECTION OF KPMG LLP Mgmt For For
AS INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS
FOR THE YEAR ENDING DECEMBER 31, 2005.
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THE COCA-COLA COMPANY Agenda Number: 932270351
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Security: 191216100
Meeting Type: Annual
Meeting Date: 19-Apr-2005
Ticker: KO
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
HERBERT A. ALLEN Mgmt For For
RONALD W. ALLEN Mgmt For For
CATHLEEN P. BLACK Mgmt For For
WARREN E. BUFFETT Mgmt For For
BARRY DILLER Mgmt For For
E. NEVILLE ISDELL Mgmt For For
DONALD R. KEOUGH Mgmt For For
MARIA ELENA LAGOMASINO Mgmt For For
DONALD F. MCHENRY Mgmt For For
SAM NUNN Mgmt For For
J. PEDRO REINHARD Mgmt For For
JAMES D. ROBINSON III Mgmt For For
PETER V. UEBERROTH Mgmt For For
JAMES B. WILLIAMS Mgmt For For
02 RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG Mgmt For For
LLP AS INDEPENDENT AUDITORS
03 SHAREOWNER PROPOSAL REGARDING AN INDEPENDENT Shr Against For
DELEGATION OF INQUIRY TO COLOMBIA
04 SHAREOWNER PROPOSAL REGARDING RESTRICTED STOCK Shr Against For
05 SHAREOWNER PROPOSAL REGARDING SEVERANCE AGREEMENTS Shr Against For
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THE KROGER CO. Agenda Number: 932352242
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Security: 501044101
Meeting Type: Annual
Meeting Date: 23-Jun-2005
Ticker: KR
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
ROBERT D. BEYER Mgmt For For
JOHN T. LAMACCHIA Mgmt For For
EDWARD M. LIDDY Mgmt For For
KATHERINE D. ORTEGA Mgmt For For
BOBBY S. SHACKOULS Mgmt For For
02 APPROVAL OF 2005 LONG-TERM INCENTIVE PLAN. Mgmt For For
03 APPROVAL OF PRICEWATERHOUSECOOPERS LLP, AS AUDITORS. Mgmt For For
04 APPROVE SHAREHOLDER PROPOSAL, IF PROPERLY PRESENTED, Shr Against For
TO AMEND REGULATIONS TO ELIMINATE THE SUPER-MAJORITY
SHAREHOLDER APPROVAL REQUIREMENT.
05 APPROVE SHAREHOLDER PROPOSAL, IF PROPERLY PRESENTED, Shr Against For
TO RECOMMEND FEASIBILITY REPORT ON SUPPLIERS
CONTROLLED-ATMOSPHERE KILLING OF CHICKENS.
F
06 APPROVE SHAREHOLDER PROPOSAL, IF PROPERLY PRESENTED, Shr Against For
TO RECOMMEND SHAREHOLDER APPROVAL OF SEVERANCE
AGREEMENTS.
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TIME WARNER INC. Agenda Number: 932306120
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Security: 887317105
Meeting Type: Annual
Meeting Date: 20-May-2005
Ticker: TWX
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
JAMES L. BARKSDALE Mgmt For For
STEPHEN F. BOLLENBACH Mgmt For For
STEPHEN M. CASE Mgmt For For
FRANK J. CAUFIELD Mgmt For For
ROBERT C. CLARK Mgmt For For
JESSICA P. EINHORN Mgmt For For
MILES R. GILBURNE Mgmt For For
CARLA A. HILLS Mgmt For For
REUBEN MARK Mgmt For For
MICHAEL A. MILES Mgmt For For
KENNETH J. NOVACK Mgmt For For
RICHARD D. PARSONS Mgmt For For
R.E. TURNER Mgmt For For
FRANCIS T. VINCENT, JR. Mgmt For For
DEBORAH C. WRIGHT Mgmt For For
02 RATIFICATION OF AUDITORS. Mgmt For For
03 STOCKHOLDER PROPOSAL REGARDING PAY COMPARISON. Shr Against For
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TYCO INTERNATIONAL LTD. Agenda Number: 932255789
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Security: 902124106
Meeting Type: Annual
Meeting Date: 10-Mar-2005
Ticker: TYC
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
DENNIS C. BLAIR Mgmt For For
EDWARD D. BREEN Mgmt For For
GEORGE W. BUCKLEY Mgmt For For
BRIAN DUPERREAULT Mgmt For For
BRUCE S. GORDON Mgmt For For
RAJIV L. GUPTA Mgmt For For
JOHN A. KROL Mgmt For For
MACKEY J. MCDONALD Mgmt For For
H. CARL MCCALL Mgmt For For
BRENDAN R. O'NEILL Mgmt For For
SANDRA S. WIJNBERG Mgmt For For
JEROME B. YORK Mgmt For For
02 RE-APPOINTMENT OF DELOITTE & TOUCHE LLP AS TYCO Mgmt For For
S INDEPENDENT AUDITORS AND AUTHORIZATION FOR
THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS
TO SET THE AUDITORS REMUNERATION.
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WYETH Agenda Number: 932273559
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Security: 983024100
Meeting Type: Annual
Meeting Date: 21-Apr-2005
Ticker: WYE
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
R.L. CARRION Mgmt For For
R. ESSNER Mgmt For For
J.D. FEERICK Mgmt For For
F.D. FERGUSSON Mgmt For For
R. LANGER Mgmt For For
J.P. MASCOTTE Mgmt For For
M.L. POLAN Mgmt For For
I.G. SEIDENBERG Mgmt For For
W.V. SHIPLEY Mgmt For For
J.R. TORELL III Mgmt For For
02 RATIFY INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS Mgmt For For
FIRM
03 ADOPT 2005 STOCK INCENTIVE PLAN Mgmt For For
04 REIMPORTATION OF PRESCRIPTION DRUGS Shr Against For
05 SEPARATE THE ROLES OF CHAIRMAN & CEO Shr Against For
06 DISCLOSURE OF POLITICAL CONTRIBUTIONS Shr Against For
07 DISCONTINUE PROMOTING PREMARIN AND PROTECTION Shr Against For
OF MARES
An * in the For/Against management field indicates management position unknown
since information regarding non-U.S. issuers is not readily available.
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
(Registrant) CLIPPER FUND INC
By (Signature) /s/ James H Gipson
Name James H Gipson
Title President
Date 08/19/2005