N-PX 1 copnpx08312005.txt Form N-PX Annual Report of Proxy Voting Record of Copley Fund, Inc. Investment Company Act File No.: 811-2815 Registrant Copley Fund, Inc. 245 Sunrise Ave. Palm Beach, FL 33480 Agent for Service Fiscal Year End: February 28, 2005 Date of Reporting Period: July 1, 2004 to June 30, 2005 Management Registrant Proposal Proposed By Voted Voted Alliant Energy Corp CUSIP: 018802108 Ticker: LNT Annual General Meeting: May 19, 2005 1 Elect 3 Directors Management For For Ameren Corporation CUSIP: 023608102 Ticker: AEE Annual General Meeting: April 26, 2005 1 Elect Directors Management For For 2 Ratify Auditor Management For For 3 Proposed report on storage of irradiated rods at Callaway Nuclear Plant Shareholder Against Against 4 Independent Director as Shareholder Against Against Chairman of Board American Electric Power CUSIP:025537101 Ticker: AEP Annual General Meeting: April 26, 2005 1 Elect 11 Directors Management For For 2 Ratify auditor - Deloitte & Touche LLP Management For For 3 Approval of amended and restated AEP system long term incentive plan Management For For 4 Proposal regarding supplemental executive retirement plans Shareholder Against Against Bank of America Corporation CUSIP: 060505104 Ticker: BAC Annual General Meeting: April 27, 2005 1 Elect 17 Directors Management For Withhold #17 2 Ratify auditor Management For For 3 Political Contributions Shareholder Against Against 4 Nominate more Directors than seats Shareholder Against Against Bell South Corp. CUSIP: 079860102 Ticker: BLS Annual General Meeting: April 26, 2005 1 Elect 10 Directors Management For Withhold #9, 4 2 Ratify auditor Management For For 3 Disclosure of political contributions Shareholder Against Against BP P.L.C. CUSIP: 055622104 Ticker: BP Annual General Meeting: April 14, 2005 1 Elect 17 Directors Management For For 2 Ratify Auditor and Authorize Board to set Remuneration Management For For 3 Authority to Allot Shares Up To a Specified Amount Management For For 4 Special Resolution: Give Authority To Allot a Limited Number of Shares For Cash Without Making An Offer to Shareholders Management For For 5 Special Resolution: Give Limited Authority For Purchase of its own Shares by Company Management For For 6 Approve Directors' Remuneration Report Management For For 7 Renewal of Executive Directors' Incentive Plan Management For For 8 Receive the Directors' Annual Report and Accounts Management For For Bristol-Myers Squibb Co. CUSIP: 110122108 Ticker: BMY Annual General Meeting: May 3, 2005 1 Elect 7 Directors Management For Withhold #7 2 Ratify Auditor 2005 Pricewaterhouse Management For For 3 Approval of Restated Certificate of Incorporation Management 4 Political Contrib. Stockholder Against Against 5 HIV/AIDS-TB Stockholder Against Against 6 Animal Testing Stockholder Against Against 7 Separation of CHM and CEO Stockholder Against Against 8 Restatement Situations Stockholder Against Against 9 Restricted Stock Stockholder Against Against 10 Directors Vote Threshold Stockholder Against Against Cinergy Corp CUSIP: 172474108 Ticker: CIN Annual General Meeting: May 5, 2005 1 Elect 3 Directors Management For For 2 Ratify auditor Management For For CHEVRONTEXACO CORPORATION CUSIP: 166764100 Ticker CVX Annual General Meeting: April 27, 2005 1 Elect 12 Directors Management For For 2 Ratify auditor Management For For 3 Directors' Compensation Shareholder Against Against 4 Executive Severance Agreements Shareholder Against Against 5 Stock Option Expensing Shareholder Against Against 6 Animal Testing Shareholder Against Against 7 Oil/Gas Drilling in Protected Areas Shareholder Against Against 8 Report on Ecuador Shareholder Against Against Delta Natural Gas Company, Inc. CUSIP: 247748106 Ticker: DGAS Annual General Meeting: November 11, 2004 1 Elect 3 Directors Management For For Detroit Edison CUSIP: 233331107 Ticker: DTE Annual General Meeting: April 28, 2005 1 Elect 3 Directors Management For For 2 Ratify auditor Management For For Dominion Resources, Inc. CUSIP: 25746U109 Ticker: D Annual General Meeting: April 22, 2005 1 Elect 15 Directors Management For For 2 Adopt Non-employee Directors Compensation Plan Management For For 3 Adopt Incentive Compensation Plan Management For For 4 Ratify Auditor Management For For 5 Shareholder Proposal Shareholder Against Against Energy East Corporation CUSIP: 29266M109 Ticker: EAS Annual General Meeting: June 9, 2005 1 Elect 10 Directors Management For For 2 Ratify auditors Management For For Exelon Corporation CUSIP: 30161N01 Ticker: EXC Annual General Meeting: July 22, 2005 1 Elect 4 Directors Management For For 2 Approval of Amendment to Amended and Restated AOI Management For For 3 Ratify auditors Management For For 4 Approval of Annual Incentive Plan for senior executives Management For For 5 Employee Stock Purchase Management For For Plan 6 Approval to Adjourn or Management For For Postpone Annual Meeting Exxon Mobile Corporation CUSIP: 30231G102 Ticker: XOM Annual General Meeting: May 25, 2005 1 Elect 11 Directors Management For For 2 Ratify auditors Management For For 3 Political Contributions Shareholder Against Against 4 Board Compensation Shareholder Against Against 5 Industry Experience Shareholder Against Against 6 ACEH Security Report Shareholder Against Against 7 Amendment of EEO policy Shareholder Against Against 8 Biodiversity Impact Report Shareholder Against Against 9 Climate Science report Shareholder Against Against 10 Kyoto Compliance Report Shareholder Against Against First Energy Corp CUSIP: 337932107 Ticker: FE Annual General Meeting: June 17, 2005 1 Elect 5 Directors Management For For 2 Ratification of Auditor Management For For 3 Political Contributions Shareholder Against Against 4 Adopt Simple Majority Vote Shareholder Against Against 5 Deferred Compensation plan Shareholder Against Against for Senior Executives FPL Group CUSIP: 302571104 Ticker: FPL Annual General Meeting: May 20, 2005 1 Elect 11 Directors Management For For 2 Ratify Auditor Management For For Arthur J. Gallagher and Company CUSIP: 363576109 Ticker: AJG Annual General Meeting: May 17, 2005 1 Elect 2 Directors Management For For 2 Ratify auditors Management For For 3 Approve Senior Management Incentive Plan Management For For 4 Approve Long-term Incentive Plan Management For For Great Plains Energy Incorporated CUSIP: 391164100 Ticker: GXP Annual General Meeting: May 3, 2005 1 Elect 11 Directors Management For For 2 Ratify auditors Management For For J.P. Morgan Chase and Company CUSIP: 46625H100 Ticker: JPM Annual General Meeting: May 17, 2005 1 Elect 16 Directors Management For For 2 Appointment of auditor Management For For 3 Approval of Long-Term Incentive plan Management For For 4 Director term limit Shareholder Against Against 5 Separation of Chairman and CEO Shareholder Against Against 6 Competitive Pay Shareholder Against Against 7 Recoup Unearned Management Bonuses Shareholder Against Against Key Corp CUSIP: 493267108 Ticker: KEY Annual General Meeting: May 5, 2005 1 Elect 5 Directors Management For For 2 Ratification of Auditor Management For For KeySpan Corporation CUSIP: 49337W100 Ticker: KSE Annual General Meeting: May 20, 2005 1 Elect 10 Directors Management For For 2 Ratify auditors Management For For New Jersey Resources Corporation CUSIP: 646025106 Ticker: NJR Annual General Meeting: January 19, 2005 1 Elect 3 Directors Management For For 2 Ratify auditors Management For For Northwest Natural Gas Company CUSIP: 667655104 Ticker: NWN Annual General Meeting: May 26, 2005 1 Elect 5 Directors Management For For NSTAR CUSIP: 67019E107 Ticker: NST Annual General Meeting: April 26, 2005 1 Elect 4 Directors Management For For 2 Ratify Auditor Management For For 3 Amend Declaration of Trust to Increase Number of Shares Management For For Peoples Energy Corporation CUSIP: 711030106 Ticker:PGL Annual General Meeting: February 25, 2005 1 Elect 12 Directors Management For For 2 Shareholder proposal Shareholder For Pfizer Incorporated CUSIP: 717081103 Ticker: PFE Annual General Meeting: April 28, 2005 1 Elect 14 Directors Management For Withhold #5 2 Approve auditor KPMG LLP 2004 Management For For 3 Term Limits for Directors Shareholder Against Against 4 Report on Increasing Access to Pfizer Products Shareholder Against Against 5 Importation of Prescription Drugs Shareholder Against Against 6 Political Contributions Shareholder Against Against 7 Product Availability in Canada Shareholder Against Against 8 Separation of Chair and CEO and Access to Pharmaceutical Products Shareholder Against Against PNC Financial Services Group, Inc. CUSIP: 693475105 Ticker: PNC NO INFORMATION RECEIVED PP&L Corporation CUSIP: 69351T106 Ticker: PPL Annual General Meeting: April 22, 2005 1 Elect 3 Directors Management For For 2 Approval of Agreement and Plan of Merger with Excelon Management For For 3 Ratify auditor Management For For 4 Approval to Adjourn or Postpone Annual Meeting Management For For 5 Executive Compensation Shareholder Against Against Progress Energy, Inc. CUSIP: 743263105 Ticker: PGN Annual General Meeting: May 11, 2005 1 Elect 3 Directors Management For For 2 Ratify Auditor Management For For Public Service Enterprise Group Incorporated CUSIP: 744573106 Ticker: PEG Annual General Meeting: July 16, 2005 1 Elect 1 Director for Class I term expiring in 2006 Elect 3 Directors for Class II term expiring in 2007 Management For For 2 Approval of 2004 Long-Term Incentive Plan Management For For 3 Ratify auditor Management For For 4 Nomination of at least two candidates for each open Board position Shareholder Against Against SBC Communications, Inc. CUSIP: 78387G103 Ticker: SBG Annual General Meeting: April 29, 2005 1 Elect 14 Directors Management For For 2 Appointment of Independent Auditor Management For For 3 Approval of Stock Purchase and Deferral Plan Management For For 4 Shareholder Proposal Shareholder Against Against 5 Shareholder Proposal Shareholder Against Against 6 Shareholder Proposal Shareholder Against Against 7 Shareholder Proposal Shareholder Against Against SCANA Corp CUSIP: 80589M102 Ticker SCG Annual General Meeting: May 5, 2005 1 Election of 3 Directors Management For For 2 Approval of Amended and Restated Long-Term Equity Compensation Management For For 3 Approval of appointment of independent auditor Management For For Sempra Energy, Inc. CUSIP: 816851109 Ticker: SRE Annual General Meeting: April 5, 2005 1 Elect Directors Management For For 2 Ratify auditor Management For For 3 Stock Option Expensing Shareholder Against Against 4 Annual Election of Directors Shareholder Against For 5 Performance Based Stock Options Shareholder Against Against 6 Shareholder Rights Plan Shareholder Against Against Southern Company CUSIP: 842587107 Ticker: Annual General Meeting: May 25, 2005 1 Elect 10 Directors Management For For 2 Ratify auditor Management For For 3 Political Contributions Report Shareholder Against Against Sunoco, Inc. CUSIP: 88764P104 Ticker: SUN Annual General Meeting: May 5, 2005 1 Elect 11 Directors Management For For 2 Ratify auditor Management For For Verizon Communications, Inc. CUSIP 92343V104 Ticker: VZ Annual General Meeting: May 5, 2005 1 Elect 11 Directors Management For For 2 Ratify auditor Management For For 3 Cumulative Voting Shareholder Against Against 4 Majority Vote for Election of Directors Shareholder Against Against 5 Board Composition Shareholder Against Against 6 Separate Chairman and CEO Shareholder Against Against 7 Directors' Liability Shareholder Against Against 8 Report on Political Contributions Shareholder Against Against WalMart Stores, Inc. CUSIP: 931142103 Ticker: WMT Annual General Meeting: June 3, 2005 1 Elect 14 Directors Management For For 2 Approval of Stock Incentive Plan Management For For 3 Ratify Auditor Management For For 4 Executive Compensation Framework Shareholder Against Against 5 Sustainability Report Shareholder Against Against 6 Equity Compensation Report Shareholder Against Against 7 Political Contributions Report Shareholder Against Against 8 Equal Employment Report Shareholder Against Against 9 Standard Majority Vote for Director Election Shareholder Against Against 10 Board Independence Shareholder Against Against 11 Performance-Vesting Shares Shareholder Against Against\ WGL Holdings, Inc. CUSIP: 92924F106 Ticker: WGL Annual General Meeting: February 23, 2005 1 Elect 8 Directors Management For For 2 Ratify auditor Management For For 3 Cumulative voting Shareholder Against Against Zimmer Holdings, Inc. CUSIP: 98956P102 Ticker: ZMH Annual General Meeting: May 2, 2005 1 Elect 1 Director Management For For 2 Amendment to Teamshare Stock Option Plan Management For For 3 Auditor ratification Management For For 4 Auditor Independence Shareholder Against Against 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. Copley Fund, Inc. By: /s/ Irving Levine President Date: August 26, 2005