CORTLAND BANCORP (OTCMKTS:CLDB) Files An 8-K Submission of Matters to a Vote of Security Holders

CORTLAND BANCORP (OTCMKTS:CLDB) Files An 8-K Submission of Matters to a Vote of Security Holders

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Item5.07

Submission of Matters to a Vote of Security Holders.
(a) On May23, 2017, Cortland Bancorp held its 2016 Annual Meeting
of Shareholders (the Annual Meeting).
(b) The first issue voted upon at the Annual Meeting was the
election of directors for a three year term to expire at the
2020 Annual Meeting of Shareholders. The following votes were
cast:
Number of Votes
For Withheld BrokerNon-Votes

David C. Cole

2,802,944 92,370 530,079

Timothy Carney

2,822,706 72,608 530,079

Neil J. Kaback

2,824,519 70,795 530,079

Anthony R. Vross

2,821,667 73,649 530,079
(c) The second issue was to approve, on an advisory basis, the
executive compensation of Cortlands named executive officers
as described in this proxy statement.
Number of Votes

For

Against

Abstain

Broker Non-Votes

2,750,713

105,047 39,554 530,079
(d) To consider and vote upon amendment of Section2.01 of
Cortlands Code of regulations.
Number of Votes

For

Against

Abstain

Broker Non-Votes

2,790,471

66,593 38,250 530,079
(e) The appointment of S.R. Snodgrass, P.C. as Cortlands
independent auditor for the fiscal year ending December31,
2016 was ratified.
Number of Votes

For

Against

Abstain

Broker Non-Votes

3,700,249

6,951 18,193

2

Item7.01. Regulation FD Disclosure

Cortland Bancorp used the presentation materials furnished
herewith at the Annual Meeting of Shareholders on Tuesday, May23,
2017. A copy of the slide presentation is furnished as Exhibit
99.1 to this Current Report on Form 8-K. The information in this
item 7.01 of this Current Report on Form 8-K (including Exhibit
99.1 attached hereto) is being furnished and shall not be deemed
filed for purposes of the Securities Exchange Act of 1934. The
information in this Report (including Exhibit 99.1 attached
hereto) shall not be incorporated by reference into any filing or
other document to the Securities Act of 1933 or the Securities
Exchange Act of 1934 except as otherwise expressly stated in such
filing or document.

Item9.01. Financial Statements and Exhibits

Exhibit

No.

Description

3.2 Code of Regulations
99.1 Company Presentation

3


About CORTLAND BANCORP (OTCMKTS:CLDB)

Cortland Bancorp is a bank holding company. The Company’s principal activity is to own, manage and supervise The Cortland Savings and Banking Company (Cortland Banks or the Bank). The Company operates through the commercial banking segment. The Bank is a state chartered bank engaged in commercial and retail banking. The Bank’s services include checking accounts, savings accounts, time deposit accounts, commercial, mortgage and installment loans, night depository, automated teller services, safe deposit boxes and other miscellaneous services. The Bank provides brokerage and investment services through an arrangement with Investment Professionals, Inc. Under this arrangement, financial advisors offer customers a range of investment products and services, such as estate planning, annuities, life insurance, fixed income, and equity securities and equity research and recommendations. The Bank, through Investment Professionals, Inc., also offers asset management services to customers.

CORTLAND BANCORP (OTCMKTS:CLDB) Recent Trading Information

CORTLAND BANCORP (OTCMKTS:CLDB) closed its last trading session 00.00 at 18.72 with 640 shares trading hands.

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