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: 811-05549
NAME OF REGISTRANT: Reynolds Funds, Inc.
ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 615 East Michigan Street
Milwaukee, WI 53202
NAME AND ADDRESS OF AGENT FOR SERVICE: Frederick L. Reynolds
Reynolds Capital Management
2580 Kekaa Drive, #115
Lahaina, HI 96761
REGISTRANT'S TELEPHONE NUMBER: 800-773-9665
DATE OF FISCAL YEAR END: 09/30
DATE OF REPORTING PERIOD: 07/01/2007 - 06/30/2008
Reynolds Blue Chip Growth Fund
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APPLE INC. Agenda Number: 932807273
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Security: 037833100
Meeting Type: Annual
Meeting Date: 04-Mar-2008
Ticker: AAPL
ISIN: US0378331005
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
WILLIAM V. CAMPBELL Mgmt For For
MILLARD S. DREXLER Mgmt For For
ALBERT A. GORE, JR. Mgmt For For
STEVEN P. JOBS Mgmt For For
ANDREA JUNG Mgmt For For
ARTHUR D. LEVINSON Mgmt For For
ERIC E. SCHMIDT Mgmt For For
JEROME B. YORK Mgmt For For
02 TO RATIFY THE APPOINTMENT OF KPMG LLP AS APPLE Mgmt For For
INC.'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM FOR FISCAL YEAR 2008.
03 TO CONSIDER A SHAREHOLDER PROPOSAL ENTITLED Shr Against For
"ADVISORY VOTE ON COMPENSATION", IF PROPERLY
PRESENTED AT THE MEETING.
04 TO CONSIDER A SHAREHOLDER PROPOSAL ENTITLED Shr Against For
"AMEND CORPORATE BYLAWS ESTABLISHING A BOARD
COMMITTEE ON SUSTAINABILITY", IF PROPERLY PRESENTED
AT THE MEETING.
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ARCELORMITTAL Agenda Number: 932781809
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Security: 03937E101
Meeting Type: Special
Meeting Date: 05-Nov-2007
Ticker: MT
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 APPROVAL OF THE MERGER WHEREBY ARCELORMITTAL Mgmt For For
SHALL MERGE INTO ARCELOR BY WAY OF ABSORPTION
BY ARCELOR OF ARCELORMITTAL AND WITHOUT LIQUIDATION
OF ARCELORMITTAL (THE "MERGER"), ALL AS MORE
FULLY DESCRIBED IN THE PROXY STATEMENT.
02 DISCHARGE OF THE DIRECTORS AND THE AUDITOR OF Mgmt For For
ARCELORMITTAL AND DETERMINATION OF THE PLACE
WHERE THE BOOKS AND RECORDS OF ARCELORMITTAL
WILL BE KEPT FOR A PERIOD OF FIVE YEARS.
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AUTODESK, INC. Agenda Number: 932777521
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Security: 052769106
Meeting Type: Special
Meeting Date: 06-Nov-2007
Ticker: ADSK
ISIN: US0527691069
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 PROPOSAL TO APPROVE THE ADOPTION OF THE AUTODESK Mgmt For For
2008 EMPLOYEE STOCK PLAN AND THE RESERVATION
OF 16,500,000 SHARES OF AUTODESK COMMON STOCK,
PLUS A NUMBER OF ADDITIONAL SHARES EQUAL TO
THAT NUMBER OF SHARES CANCELLED ON EXPIRATION
OF THE 2006 EMPLOYEE STOCK PLAN (NOT TO EXCEED
1,000,000 SHARES), FOR ISSUANCE THEREUNDER.
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AUTOZONE, INC. Agenda Number: 932783447
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Security: 053332102
Meeting Type: Annual
Meeting Date: 12-Dec-2007
Ticker: AZO
ISIN: US0533321024
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
CHARLES M. ELSON Mgmt For For
SUE E. GOVE Mgmt For For
EARL G. GRAVES, JR. Mgmt For For
N. GERRY HOUSE Mgmt For For
J.R. HYDE, III Mgmt For For
W. ANDREW MCKENNA Mgmt For For
GEORGE R. MRKONIC, JR. Mgmt For For
WILLIAM C. RHODES, III Mgmt For For
THEODORE W. ULLYOT Mgmt For For
02 RATIFICATION OF ERNST & YOUNG LLP AS INDEPENDENT Mgmt For For
REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 2008
FISCAL YEAR.
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BED BATH & BEYOND INC. Agenda Number: 932741110
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Security: 075896100
Meeting Type: Annual
Meeting Date: 10-Jul-2007
Ticker: BBBY
ISIN: US0758961009
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
WARREN EISENBERG Mgmt For For
STANLEY F. BARSHAY Mgmt For For
PATRICK R. GASTON Mgmt For For
VICTORIA A. MORRISON Mgmt For For
02 RATIFICATION OF THE APPOINTMENT OF KPMG LLP Mgmt For For
03 SHAREHOLDER PROPOSAL: CLIMATE CHANGE REPORT Shr Against For
04 SHAREHOLDER PROPOSAL: EXECUTIVE COMPENSATION Shr Against For
VOTE
05 SHAREHOLDER PROPOSAL: PRODUCT CONTENT REPORT Shr Against For
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DEERE & COMPANY Agenda Number: 932776810
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Security: 244199105
Meeting Type: Special
Meeting Date: 14-Nov-2007
Ticker: DE
ISIN: US2441991054
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 AMENDMENT OF THE COMPANY'S RESTATED CERTIFICATE Mgmt For For
OF INCORPORATION INCREASING THE NUMBER OF AUTHORIZED
SHARES OF STOCK TO EFFECT A TWO-FOR-ONE STOCK
SPLIT IN THE FORM OF A DIVIDEND OF THE COMPANY'S
COMMON STOCK.
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DYNEGY INC. Agenda Number: 932733252
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Security: 26817G102
Meeting Type: Annual
Meeting Date: 18-Jul-2007
Ticker: DYN
ISIN: US26817G1022
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
DAVID W. BIEGLER Mgmt For For
THOMAS D. CLARK, JR. Mgmt For For
VICTOR E. GRIJALVA Mgmt For For
PATRICIA A. HAMMICK Mgmt For For
ROBERT C. OELKERS Mgmt For For
GEORGE L. MAZANEC Mgmt For For
WILLIAM L. TRUBECK Mgmt For For
BRUCE A. WILLIAMSON Mgmt For For
02 PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST Mgmt For For
& YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC
ACCOUNTANTS FOR DYNEGY.
03 STOCKHOLDER PROPOSAL REGARDING "PAY-FOR-SUPERIOR-PERFORMANCE."Shr Against For
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FEDEX CORPORATION Agenda Number: 932763192
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Security: 31428X106
Meeting Type: Annual
Meeting Date: 24-Sep-2007
Ticker: FDX
ISIN: US31428X1063
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF DIRECTOR: JAMES L. BARKSDALE Mgmt For For
1B ELECTION OF DIRECTOR: AUGUST A. BUSCH IV Mgmt For For
1C ELECTION OF DIRECTOR: JOHN A. EDWARDSON Mgmt For For
1D ELECTION OF DIRECTOR: JUDITH L. ESTRIN Mgmt For For
1E ELECTION OF DIRECTOR: PHILIP GREER Mgmt For For
1F ELECTION OF DIRECTOR: J.R. HYDE, III Mgmt For For
1G ELECTION OF DIRECTOR: SHIRLEY A. JACKSON Mgmt For For
1H ELECTION OF DIRECTOR: STEVEN R. LORANGER Mgmt For For
1I ELECTION OF DIRECTOR: GARY W. LOVEMAN Mgmt For For
1J ELECTION OF DIRECTOR: CHARLES T. MANATT Mgmt For For
1K ELECTION OF DIRECTOR: FREDERICK W. SMITH Mgmt For For
1L ELECTION OF DIRECTOR: JOSHUA I. SMITH Mgmt For For
1M ELECTION OF DIRECTOR: PAUL S. WALSH Mgmt For For
1N ELECTION OF DIRECTOR: PETER S. WILLMOTT Mgmt For For
02 RATIFICATION OF INDEPENDENT REGISTERED PUBLIC Mgmt For For
ACCOUNTING FIRM.
03 STOCKHOLDER PROPOSAL REGARDING SEPARATION OF Shr Against For
CHAIRMAN AND CEO ROLES.
04 STOCKHOLDER PROPOSAL REGARDING SHAREHOLDER VOTE Shr Against For
ON EXECUTIVE PAY.
05 STOCKHOLDER PROPOSAL REGARDING GLOBAL WARMING Shr Against For
REPORT.
06 STOCKHOLDER PROPOSAL REGARDING POLITICAL CONTRIBUTIONS Shr Against For
REPORT.
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GOOGLE INC. Agenda Number: 932834131
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Security: 38259P508
Meeting Type: Annual
Meeting Date: 08-May-2008
Ticker: GOOG
ISIN: US38259P5089
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
ERIC SCHMIDT Mgmt For For
SERGEY BRIN Mgmt For For
LARRY PAGE Mgmt For For
L. JOHN DOERR Mgmt For For
JOHN L. HENNESSY Mgmt For For
ARTHUR D. LEVINSON Mgmt For For
ANN MATHER Mgmt For For
PAUL S. OTELLINI Mgmt For For
K. RAM SHRIRAM Mgmt For For
SHIRLEY M. TILGHMAN Mgmt For For
02 RATIFICATION OF APPOINTMENT OF ERNST & YOUNG Mgmt For For
LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM OF GOOGLE INC. FOR THE FISCAL YEAR ENDING
DECEMBER 31, 2008.
03 APPROVAL OF AN AMENDMENT TO GOOGLE'S 2004 STOCK Mgmt For For
PLAN TO INCREASE THE NUMBER OF AUTHORIZED SHARES
OF CLASS A COMMON STOCK ISSUABLE THEREUNDER
BY 6,500,000.
04 STOCKHOLDER PROPOSAL REGARDING INTERNET CENSORSHIP. Shr Against For
05 STOCKHOLDER PROPOSAL REGARDING THE CREATION Shr Against For
OF A BOARD COMMITTEE ON HUMAN RIGHTS.
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POLO RALPH LAUREN CORPORATION Agenda Number: 932751490
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Security: 731572103
Meeting Type: Annual
Meeting Date: 09-Aug-2007
Ticker: RL
ISIN: US7315721032
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
FRANK A. BENNACK, JR. Mgmt For For
JOEL L. FLEISHMAN Mgmt For For
02 APPROVAL OF THE AMENDMENT TO THE EXECUTIVE OFFICER Mgmt For For
ANNUAL INCENTIVE PLAN.
03 RATIFICATION OF APPOINTMENT OF DELOITTE & TOUCHE Mgmt For For
LLP AS INDEPENDENT AUDITORS TO SERVE FOR THE
FISCAL YEAR ENDING MARCH 29, 2008.
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RESEARCH IN MOTION LIMITED Agenda Number: 932746437
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Security: 760975102
Meeting Type: Annual
Meeting Date: 17-Jul-2007
Ticker: RIMM
ISIN: CA7609751028
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 THE ELECTION OF DIRECTORS REFERRED TO IN THE Mgmt For For
MANAGEMENT INFORMATION CIRCULAR OF THE COMPANY
DATED JUNE 14, 2007: JAMES BALSILLIE, MICHAEL
LAZARIDIS, JAMES ESTILL, DAVID KERR, ROGER
MARTIN, JOHN RICHARDSON, BARBARA STYMIEST AND
JOHN WETMORE.
02 THE RE-APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT Mgmt For For
AUDITORS OF THE COMPANY AND AUTHORIZING THE
DIRECTORS TO FIX THEIR REMUNERATION.
03 IN RESPECT OF A RESOLUTION APPROVING CERTAIN Mgmt For For
AMENDMENTS TO THE COMPANY'S STOCK OPTION PLAN.
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RF MICRO DEVICES, INC. Agenda Number: 932777987
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Security: 749941100
Meeting Type: Special
Meeting Date: 29-Oct-2007
Ticker: RFMD
ISIN: US7499411004
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 TO CONSIDER AND VOTE UPON THE ISSUANCE OF SHARES Mgmt For For
OF RFMD COMMON STOCK IN THE MERGER OF ICEMAN
ACQUISITION SUB, INC. WITH AND INTO SIRENZA
AS CONTEMPLATED BY THE MERGER AGREEMENT.
02 TO CONSIDER AND VOTE UPON AN ADJOURNMENT OF Mgmt For For
THE RFMD SPECIAL MEETING, IF NECESSARY, IF
A QUORUM IS PRESENT, TO SOLICIT ADDITIONAL
PROXIES IF THERE ARE NOT SUFFICIENT VOTES IN
FAVOR OF PROPOSAL NO. 1.
03 TO CONSIDER AND VOTE UPON AN AMENDMENT TO THE Mgmt For For
RFMD BYLAWS TO INCREASE THE MAXIMUM SIZE OF
THE RFMD BOARD OF DIRECTORS FROM 9 MEMBERS
TO 11 MEMBERS (SO AS TO PERMIT THE APPOINTMENT
TO THE RFMD BOARD OF DIRECTORS OF TWO EXISTING
MEMBERS OF THE SIRENZA BOARD OF DIRECTORS).
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TEREX CORPORATION Agenda Number: 932743936
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Security: 880779103
Meeting Type: Special
Meeting Date: 17-Jul-2007
Ticker: TEX
ISIN: US8807791038
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 AMENDMENT OF TEREX CERTIFICATE OF INCORPORATION Mgmt For For
TO INCREASE NUMBER OF AUTHORIZED SHARES OF
COMMON STOCK.
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TRANSOCEAN INC. Agenda Number: 932778636
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Security: G90078109
Meeting Type: Special
Meeting Date: 09-Nov-2007
Ticker: RIG
ISIN:
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 APPROVAL OF THE SCHEME OF ARRANGEMENT, ATTACHED Mgmt For For
TO THE ACCOMPANYING JOINT PROXY STATEMENT AS
ANNEX G, WHICH PROVIDES FOR THE RECLASSIFICATION
OF OUR ORDINARY SHARES.
02 APPROVAL OF THE ISSUANCE OF OUR ORDINARY SHARES Mgmt For For
TO SHAREHOLDERS OF GLOBALSANTAFE CORPORATION
IN THE MERGER UNDER THE TERMS OF THE AGREEMENT
AND PLAN OF MERGER, ATTACHED TO THE ACCOMPANYING
JOINT PROXY STATEMENT AS ANNEX A.
03 APPROVAL OF THE AMENDMENT AND RESTATEMENT OF Mgmt For For
OUR MEMORANDUM AND ARTICLES OF ASSOCIATION
TO, AMONG OTHER THINGS, INCREASE THE MAXIMUM
NUMBER OF DIRECTORS CONSTITUTING THE BOARD
OF DIRECTORS OF TRANSOCEAN INC. FROM 13 TO
14, ALL AS MORE FULLY DESCRIBED IN THE PROXY
STATEMENT.
* Management position unknown
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) Reynolds Funds, Inc.
By (Signature) /s/ Frederick L. Reynolds
Name Frederick L. Reynolds
Title President
Date 07/28/2008