American Church Mortgage Company (OTCMKTS:ACMC) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders.
On June 15, 2017, American Church Mortgage Company (the Company)
held its 2017 annual meeting of shareholders (the 2017 Annual
Meeting). At the 2017 Annual Meeting, the matters voted upon,
including the number or votes cast for, against or withheld, as
well as the number of abstentions and brokernon-votes, as to each
such matter were as follows:
Proposal 1: All four of the Companys
nominees for director as listed in the Companys 2017 proxy
statement were elected with the number of votes cast for each
nominee as follows:
| Shares Voted FOR | Votes WITHHELD |
Broker Non-Votes |
|
| Philip J. Myers | 603,353 | 15,322 | 235,823 |
| Kirbyjon H.Caldwell | 591,683 | 26,992 | 235,823 |
| Dennis J. Doyle | 595,453 | 23,222 | 235,823 |
| Michael G. Holmquist | 603,353 | 15,322 | 235,823 |
Proposal 2: The proposal to appoint Baker
Tilly Virchow Krause, LLP as the Companys independent registered
public accounting firm for the fiscal year ending December 31,
2017 was ratified by the following vote:
|
Shares Voted FOR |
Shares Voted AGAINST | Shares ABSTAINING |
Broker Non-Votes |
| 786,670 | 19,983 | 47,845 |
About American Church Mortgage Company (OTCMKTS:ACMC)
American Church Mortgage Company operates as a real estate investment trust (REIT). The Company is engaged in the business of making mortgage loans to churches and other non-profit religious organizations across the United States. The Company is engaged in offering loans ranging from $100,000 to $2,000,000 and selecting and investing in mortgage-secured debt instruments (Church Bonds) issued by churches and other non-profit religious organizations throughout the United States. It has made approximately 190 loans to over 160 churches approximating $96,842,253. It offers a range of loan types, which include 25/30 year term; 20 year term; three year renewable term, and construction one year term. The Company’s business is managed by the Church Loan Advisors, Inc., which provides investment advisory and administrative services to it.
