Intermodal? B&P? Board of Directors? Are you serious? Don't waste your time, or the time of those you love. Take up basket-weaving or self-mutilation...
At last count, there were 803 shares outstanding, most held by three big shareholders. Stock WAS being sold right out of the safe in the station by the Board of Directors until someone decided they didn't like that idea. A huge portion of A&A stock and proxy is never returned at the annual meeting, so I would suggest that you will get more real information from the New York State Attorney Generals' office. When they find out how much of the stock is unaccounted for, I'm sure something will happen from an outside entity to take those shares over and maybe force some positive changes to the railroad, or just scrap it. According to the by-laws, you have a right to be represented on the Board if you own 11% of the shares....good luck with that. Many of the shares out there were passed down and split up through families, and are currently held by people that probably think they are novelty stock, don't know where they are, or have assumed room temperature and are currently buried - right alongside the prospects of the railroad.
In my search for purchasing stock in the company, I ran into a few holders who said they'd rather GIVE the stock to the President than sell it at even $200 a share. I met with someone who held 5 shares and spoke graciously about selling, but beat feet right to the Vice-President with the information...I was turned down not long after. You are in for a long, hard row-to-hoe....and you will end up with an empty orange & black sack.
Furthermore, while the A&A is a private company, it has received well over $4 MILLION DOLLARS in public funds for it's life-support and pet projects. That makes the company accountable to the public, and I'm sure you can find out alot of information through public records. If the railroad goes belly up within a certain timeframe, the State will be there to reclaim a portion of what they think they own. I hate to be a negative Ned, but there's one thing about MATH...it doesn't lie. Make no mistake.....you're heartily looking for a percentage of 800, and I'm telling you you will end up with 100% of nothing.
Been there - done that. Raise chickens or something.
"Backwards words say to used I. Again go I there...sh*t oh."