UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
INVESTMENT COMPANY ACT FILE NUMBER: 811-01048
NAME OF REGISTRANT: Mairs and Power Balanced
Fund, Inc.
ADDRESS OF
PRINCIPAL EXECUTIVE OFFICES:
Suite W-1520
Saint
Paul, MN 55101-1363
NAME AND ADDRESS OF AGENT FOR SERVICE: William B. Frels, President
Suite W-1520
REGISTRANT'S TELEPHONE NUMBER: 651-222-8478
DATE OF FISCAL YEAR END: 12/31
DATE OF REPORTING PERIOD: 07/01/2007 - 06/30/2008
Balanced Fund
_____________________________________________________________________
3M COMPANY Agenda Number: 932834941
_____________________________________________________________________
Security: 88579Y101
Meeting Type: Annual
Meeting Date: 13-May-2008
Ticker: MMM
ISIN: US88579Y1010
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
LINDA G. ALVARADO Mgmt For For
GEORGE W. BUCKLEY Mgmt For For
VANCE D. COFFMAN Mgmt For For
MICHAEL L. ESKEW Mgmt For For
W. JAMES FARRELL Mgmt For For
HERBERT L. HENKEL Mgmt For For
EDWARD M. LIDDY Mgmt For For
ROBERT S. MORRISON Mgmt For For
AULANA L. PETERS Mgmt For For
ROBERT J. ULRICH Mgmt For For
02 TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS Mgmt For For
LLP AS 3M'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM.
03 TO APPROVE THE LONG-TERM INCENTIVE PLAN. Mgmt For For
_____________________________________________________________________
AMERICAN EXPRESS COMPANY Agenda Number: 932823924
_____________________________________________________________________
Security: 025816109
Meeting Type: Annual
Meeting Date: 28-Apr-2008
Ticker: AXP
ISIN: US0258161092
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
D.F. AKERSON Mgmt For For
C. BARSHEFSKY Mgmt For For
U.M. BURNS Mgmt For For
K.I. CHENAULT Mgmt For For
P. CHERNIN Mgmt For For
J. LESCHLY Mgmt For For
R.C. LEVIN Mgmt For For
R.A. MCGINN Mgmt For For
E.D. MILLER Mgmt For For
S.S REINEMUND Mgmt For For
R.D. WALTER Mgmt For For
R.A. WILLIAMS Mgmt For For
02 A PROPOSAL TO RATIFY THE APPOINTMENT OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM FOR 2008.
03 A PROPOSAL TO AMEND THE CERTIFICATE OF INCORPORATION Mgmt For For
TO REQUIRE A MAJORITY VOTE FOR THE ELECTION
OF DIRECTORS IN NON-CONTESTED ELECTIONS.
4A PROPOSAL TO AMEND THE CERTIFICATE OF INCORPORATION Mgmt For For
TO ELIMINATE STATUTORY SUPERMAJORITY VOTING:
MERGER OR CONSOLIDATION.
4B PROPOSAL TO AMEND THE CERTIFICATE OF INCORPORATION Mgmt For For
TO ELIMINATE STATUTORY SUPERMAJORITY VOTING:
OF ALL OR SUBSTANTIALLY ALL OF THE COMPANY'S
ASSETS OUTSIDE THE ORDINARY COURSE OF BUSINESS.
4C PROPOSAL TO AMEND THE CERTIFICATE OF INCORPORATION Mgmt For For
TO ELIMINATE STATUTORY SUPERMAJORITY VOTING:
PLAN FOR THE EXCHANGE OF SHARES.
4D PROPOSAL TO AMEND THE CERTIFICATE OF INCORPORATION Mgmt For For
TO ELIMINATE STATUTORY SUPERMAJORITY VOTING:
AUTHORIZATION OF DISSOLUTION.
05 A SHAREHOLDER PROPOSAL RELATING TO CUMULATIVE Shr Against For
VOTING FOR DIRECTORS.
_____________________________________________________________________
ASSOCIATED BANC-CORP Agenda Number: 932823950
_____________________________________________________________________
Security: 045487105
Meeting Type: Annual
Meeting Date: 23-Apr-2008
Ticker: ASBC
ISIN: US0454871056
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
PAUL S. BEIDEMAN Mgmt For For
RUTH M. CROWLEY Mgmt For For
ROBERT C. GALLAGHER Mgmt For For
WILLIAM R. HUTCHINSON Mgmt For For
EILEEN A. KAMERICK Mgmt For For
RICHARD T. LOMMEN Mgmt For For
JOHN C. MENG Mgmt For For
CARLOS E. SANTIAGO Mgmt For For
JOHN C. SERAMUR Mgmt For For
02 TO RATIFY THE SELECTION OF KPMG LLP AS THE INDEPENDENT Mgmt For For
REGISTERED PUBLIC ACCOUNTING FIRM FOR ASSOCIATED
FOR THE YEAR ENDING DECEMBER 31, 2008.
_____________________________________________________________________
BANK OF AMERICA CORPORATION Agenda Number: 932828253
_____________________________________________________________________
Security: 060505104
Meeting Type: Annual
Meeting Date: 23-Apr-2008
Ticker: BAC
ISIN: US0605051046
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF DIRECTOR: WILLIAM BARNET, III Mgmt For For
1B ELECTION OF DIRECTOR: FRANK P. BRAMBLE, SR. Mgmt For For
1C ELECTION OF DIRECTOR: JOHN T. COLLINS Mgmt For For
1D ELECTION OF DIRECTOR: GARY L. COUNTRYMAN Mgmt For For
1E ELECTION OF DIRECTOR: TOMMY R. FRANKS Mgmt For For
1F ELECTION OF DIRECTOR: CHARLES K. GIFFORD Mgmt For For
1G ELECTION OF DIRECTOR: KENNETH D. LEWIS Mgmt For For
1H ELECTION OF DIRECTOR: MONICA C. LOZANO Mgmt For For
1I ELECTION OF DIRECTOR: WALTER E. MASSEY Mgmt For For
1J ELECTION OF DIRECTOR: THOMAS J. MAY Mgmt For For
1K ELECTION OF DIRECTOR: PATRICIA E. MITCHELL Mgmt For For
1L ELECTION OF DIRECTOR: THOMAS M. RYAN Mgmt For For
1M ELECTION OF
DIRECTOR: O.
1N ELECTION OF DIRECTOR: MEREDITH R. SPANGLER Mgmt For For
1O ELECTION OF DIRECTOR: ROBERT L. TILLMAN Mgmt For For
1P ELECTION OF DIRECTOR: JACKIE M. WARD Mgmt For For
02 RATIFICATION OF THE INDEPENDENT REGISTERED PUBLIC Mgmt For For
ACCOUNTING FIRM FOR 2008
03 STOCKHOLDER PROPOSAL - STOCK OPTIONS Shr Against For
04 STOCKHOLDER PROPOSAL - ADVISORY VOTE ON EXEC Shr Against For
COMP
05 STOCKHOLDER PROPOSAL - DETERMINATION OF CEO Shr Against For
COMP
06 STOCKHOLDER PROPOSAL - CUMULATIVE VOTING Shr Against For
07 STOCKHOLDER PROPOSAL - INDEPENDENT BOARD CHAIRMAN Shr Against For
08 STOCKHOLDER PROPOSAL - SPECIAL SHAREHOLDER MEETINGS Shr Against For
09 STOCKHOLDER PROPOSAL - EQUATOR PRINCIPLES Shr Against For
10 STOCKHOLDER PROPOSAL - HUMAN RIGHTS Shr Against For
_____________________________________________________________________
BAXTER INTERNATIONAL INC. Agenda Number: 932831084
_____________________________________________________________________
Security: 071813109
Meeting Type: Annual
Meeting Date: 06-May-2008
Ticker: BAX
ISIN: US0718131099
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF DIRECTOR: WAYNE T. HOCKMEYER, PH.D. Mgmt For For
1B ELECTION OF DIRECTOR: JOSEPH B. MARTIN, M.D., Mgmt For For
PH.D.
1C ELECTION OF DIRECTOR: ROBERT L. PARKINSON, JR. Mgmt For For
1D ELECTION OF DIRECTOR: THOMAS T. STALLKAMP Mgmt For For
1E ELECTION OF DIRECTOR: ALBERT P.L. STROUCKEN Mgmt For For
02 RATIFICATION OF INDEPENDENT REGISTERED PUBLIC Mgmt For For
ACCOUNTING FIRM
_____________________________________________________________________
BEMIS COMPANY, INC. Agenda Number: 932828188
_____________________________________________________________________
Security: 081437105
Meeting Type: Annual
Meeting Date: 01-May-2008
Ticker: BMS
ISIN: US0814371052
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
EDWARD N. PERRY Mgmt For For
WILLIAM J. SCHOLLE Mgmt For For
TIMOTHY M. MANGANELLO Mgmt For For
PHILIP G. WEAVER Mgmt For For
HENRY J. THEISEN Mgmt For For
02 TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS Mgmt For For
LLP, AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM OF THE COMPANY.
03 TO VOTE UPON THE STOCKHOLDER PROPOSAL ON COMPENSATION Shr Against For
REPORT, IF PROPERLY PRESENTED AT THE MEETING.
_____________________________________________________________________
BP P.L.C. Agenda Number: 932823354
_____________________________________________________________________
Security: 055622104
Meeting Type: Annual
Meeting Date: 17-Apr-2008
Ticker: BP
ISIN: US0556221044
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 TO RECEIVE THE DIRECTORS' ANNUAL REPORT AND Mgmt For For
ACCOUNTS
02 TO APPROVE THE DIRECTORS' REMUNERATION REPORT Mgmt For For
03 DIRECTOR
MR A BURGMANS Mgmt For For
MRS C B CARROLL Mgmt For For
SIR WILLIAM CASTELL Mgmt For For
MR I C
MR G DAVID Mgmt For For
MR E B DAVIS, JR Mgmt For For
MR D J FLINT Mgmt For For
DR B E GROTE Mgmt For For
DR A B HAYWARD Mgmt For For
MR A G INGLIS Mgmt For For
DR D S JULIUS Mgmt For For
SIR TOM MCKILLOP Mgmt For For
SIR IAN PROSSER Mgmt For For
MR P D SUTHERLAND Mgmt For For
17 TO RE-APPOINT ERNST & YOUNG LLP AS AUDITORS Mgmt For For
AND AUTHORIZE THE BOARD TO SET THEIR REMUNERATION
S18 SPECIAL RESOLUTION: TO ADOPT NEW ARTICLES OF Mgmt For For
ASSOCIATION
S19 SPECIAL RESOLUTION: TO GIVE LIMITED AUTHORITY Mgmt For For
FOR THE PURCHASE OF ITS OWN SHARES BY THE COMPANY
20 TO GIVE LIMITED AUTHORITY TO ALLOT SHARES UP Mgmt For For
TO A SPECIFIED AMOUNT
S21 SPECIAL RESOLUTION: TO GIVE AUTHORITY TO ALLOT Mgmt For For
A LIMITED NUMBER OF SHARES FOR CASH FREE OF
PRE-EMPTIVE RIGHTS
_____________________________________________________________________
BRIGGS & STRATTON CORPORATION Agenda Number: 932770159
_____________________________________________________________________
Security: 109043109
Meeting Type: Annual
Meeting Date: 17-Oct-2007
Ticker: BGG
ISIN: US1090431099
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
WILLIAM F. ACHTMEYER Mgmt For For
DAVID L. BURNER Mgmt For For
MARY K. BUSH Mgmt For For
02 RATIFICATION OF PRICEWATERHOUSECOOPERS LLP AS Mgmt For For
THE COMPANY'S INDEPENDENT AUDITOR.
_____________________________________________________________________
BRISTOL-MYERS SQUIBB COMPANY Agenda Number: 932833557
_____________________________________________________________________
Security: 110122108
Meeting Type: Annual
Meeting Date: 06-May-2008
Ticker: BMY
ISIN: US1101221083
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF
DIRECTOR: L.B.
1B ELECTION OF DIRECTOR: J.M. CORNELIUS Mgmt For For
1C ELECTION OF DIRECTOR: L.J. FREEH Mgmt For For
1D ELECTION OF DIRECTOR: L.H. GLIMCHER, M.D. Mgmt For For
1E ELECTION OF DIRECTOR: M. GROBSTEIN Mgmt For For
1F ELECTION OF DIRECTOR: L. JOHANSSON Mgmt For For
1G ELECTION OF DIRECTOR: A.J. LACY Mgmt For For
1H ELECTION OF DIRECTOR: V.L. SATO, PH.D. Mgmt For For
1I ELECTION OF DIRECTOR: T.D. WEST, JR. Mgmt For For
1J ELECTION OF DIRECTOR: R.S. WILLIAMS, M.D. Mgmt For For
02 RATIFICATION OF INDEPENDENT REGISTERED PUBLIC Mgmt For For
ACCOUNTING FIRM
03 EXECUTIVE COMPENSATION DISCLOSURE Shr Against For
_____________________________________________________________________
CONOCOPHILLIPS Agenda Number: 932842912
_____________________________________________________________________
Security: 20825C104
Meeting Type: Annual
Meeting Date: 14-May-2008
Ticker: COP
ISIN: US20825C1045
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF DIRECTOR: HAROLD W. MCGRAW III Mgmt For For
1B ELECTION OF DIRECTOR: JAMES J. MULVA Mgmt For For
1C ELECTION OF DIRECTOR: BOBBY S. SHACKOULS Mgmt For For
02 TO AMEND AMENDED AND RESTATED BY-LAWS AND RESTATED Mgmt For For
CERTIFICATE OF INCORPORATION TO PROVIDE FOR
THE ANNUAL ELECTION OF DIRECTORS
03 TO RATIFY APPOINTMENT OF ERNST & YOUNG LLP AS Mgmt For For
CONOCOPHILLIPS INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM FOR 2008
04 QUALIFICATIONS FOR DIRECTOR NOMINEES Shr Against For
05 REPORT ON RECOGNITION OF INDIGENOUS RIGHTS Shr Against For
06 ADVISORY VOTE ON EXECUTIVE COMPENSATION Shr Against For
07 POLITICAL CONTRIBUTIONS Shr Against For
08 GREENHOUSE GAS REDUCTION Shr Against For
09 COMMUNITY ACCOUNTABILITY Shr Against For
10 DRILLING IN SENSITIVE/PROTECTED AREAS Shr Against For
11 ENVIRONMENTAL IMPACT Shr Against For
12 GLOBAL WARMING Shr Against For
_____________________________________________________________________
CORNING INCORPORATED Agenda Number: 932820613
_____________________________________________________________________
Security: 219350105
Meeting Type: Annual
Meeting Date: 24-Apr-2008
Ticker: GLW
ISIN: US2193501051
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
JOHN SEELY BROWN Mgmt For For
GORDON GUND Mgmt For For
KURT M. LANDGRAF Mgmt For For
H. ONNO RUDING Mgmt For For
02 APPROVE THE AMENDMENT OF THE 2005 EMPLOYEE EQUITY Mgmt For For
PARTICIPATION PROGRAM.
03 PROPOSAL TO RATIFY THE APPOINTMENT OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS
AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2008.
_____________________________________________________________________
ELI LILLY AND COMPANY Agenda Number: 932823289
_____________________________________________________________________
Security: 532457108
Meeting Type: Annual
Meeting Date: 21-Apr-2008
Ticker: LLY
ISIN: US5324571083
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
M.L. ESKEW Mgmt For For
A.G. GILMAN Mgmt For For
K.N. HORN Mgmt For For
J.C. LECHLEITER Mgmt For For
02 RATIFICATION OF THE APPOINTMENT BY THE AUDIT Mgmt For For
COMMITTEE OF THE BOARD OF DIRECTORS OF ERNST
& YOUNG LLP AS PRINCIPAL INDEPENDENT AUDITORS
FOR 2008
03 APPROVE AMENDMENTS TO THE ARTICLES OF INCORPORATION Mgmt For For
TO PROVIDE FOR THE DECLASSIFICATION OF THE
BOARD
04 APPROVE AMENDMENTS TO THE ARTICLES OF INCORPORATION Mgmt For For
TO PROVIDE FOR ELECTION OF DIRECTORS BY MAJORITY
VOTE
05 AMENDING THE COMPANY'S STOCK PLANS Mgmt For For
06 PROPOSAL BY SHAREHOLDERS ON INTERNATIONAL OUTSOURCING Shr Against For
OF ANIMAL RESEARCH
07 PROPOSAL BY SHAREHOLDERS ON ALLOWING SHAREHOLDERS Shr Against For
TO AMEND THE COMPANY'S BYLAWS
08 PROPOSAL BY SHAREHOLDERS ON ADOPTING A SIMPLE Shr Against For
MAJORITY VOTE STANDARD
09 PROPOSAL BY SHAREHOLDERS ON REPORTING COMPANY'S Shr Against For
POLITICAL CONTRIBUTIONS
_____________________________________________________________________
EMERSON ELECTRIC CO. Agenda Number: 932799553
_____________________________________________________________________
Security: 291011104
Meeting Type: Annual
Meeting Date: 05-Feb-2008
Ticker: EMR
ISIN: US2910111044
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
D.N. FARR Mgmt For For
R.B. HORTON Mgmt For For
J.W. PRUEHER Mgmt For For
02 RATIFICATION OF KPMG LLP AS INDEPENDENT REGISTERED Mgmt For For
PUBLIC ACCOUNTING FIRM
_____________________________________________________________________
EXXON MOBIL CORPORATION Agenda Number: 932858232
_____________________________________________________________________
Security: 30231G102
Meeting Type: Annual
Meeting Date: 28-May-2008
Ticker: XOM
ISIN: US30231G1022
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
M.J. BOSKIN Mgmt For For
L.R. FAULKNER Mgmt For For
W.W. GEORGE Mgmt For For
J.R. HOUGHTON Mgmt For For
R.C. KING Mgmt For For
M.C. NELSON Mgmt For For
S.J. PALMISANO Mgmt For For
S.S REINEMUND Mgmt For For
W.V. SHIPLEY Mgmt For For
R.W. TILLERSON Mgmt For For
E.E. WHITACRE, JR. Mgmt For For
02 RATIFICATION OF INDEPENDENT AUDITORS (PAGE 47) Mgmt For For
03 SHAREHOLDER PROPOSALS PROHIBITED (PAGE 49) Shr Against For
04 DIRECTOR NOMINEE QUALIFICATIONS (PAGE 49) Shr Against For
05 BOARD CHAIRMAN AND CEO (PAGE 50) Shr Against For
06 SHAREHOLDER RETURN POLICY (PAGE 52) Shr Against For
07 SHAREHOLDER ADVISORY VOTE ON EXECUTIVE COMPENSATION Shr Against For
(PAGE 53)
08 EXECUTIVE COMPENSATION REPORT (PAGE 55) Shr Against For
09 INCENTIVE PAY RECOUPMENT (PAGE 57) Shr Against For
10 CORPORATE SPONSORSHIPS REPORT (PAGE 58) Shr Against For
11 POLITICAL CONTRIBUTIONS REPORT (PAGE 60) Shr Against For
12 AMENDMENT OF EEO POLICY (PAGE 61) Shr Against For
13 COMMUNITY ENVIRONMENTAL IMPACT (PAGE 63) Shr Against For
14 ANWR DRILLING REPORT (PAGE 65) Shr Against For
15 GREENHOUSE GAS EMISSIONS GOALS (PAGE 66) Shr Against For
16 CO2 INFORMATION AT THE PUMP (PAGE 68) Shr Against For
17 CLIMATE CHANGE AND TECHNOLOGY REPORT (PAGE 69) Shr Against For
18 ENERGY TECHNOLOGY REPORT (PAGE 70) Shr Against For
19 RENEWABLE ENERGY POLICY (PAGE 71) Shr Against For
_____________________________________________________________________
GENERAL ELECTRIC COMPANY Agenda Number: 932823481
_____________________________________________________________________
Security: 369604103
Meeting Type: Annual
Meeting Date: 23-Apr-2008
Ticker: GE
ISIN: US3696041033
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
A1 ELECTION OF DIRECTOR: JAMES I. CASH, JR. Mgmt For For
A2 ELECTION OF DIRECTOR: SIR WILLIAM M. CASTELL Mgmt For For
A3 ELECTION OF DIRECTOR: ANN M. FUDGE Mgmt For For
A4 ELECTION OF DIRECTOR: CLAUDIO X. GONZALEZ Mgmt For For
A5 ELECTION OF DIRECTOR: SUSAN HOCKFIELD Mgmt For For
A6 ELECTION OF DIRECTOR: JEFFREY R. IMMELT Mgmt For For
A7 ELECTION OF DIRECTOR: ANDREA JUNG Mgmt For For
A8 ELECTION OF DIRECTOR: ALAN G. (A.G.) LAFLEY Mgmt For For
A9 ELECTION OF
DIRECTOR:
A10 ELECTION OF DIRECTOR: RALPH S. LARSEN Mgmt For For
A11 ELECTION OF DIRECTOR: ROCHELLE B. LAZARUS Mgmt For For
A12 ELECTION OF DIRECTOR: JAMES J. MULVA Mgmt For For
A13 ELECTION OF DIRECTOR: SAM NUNN Mgmt For For
A14 ELECTION OF DIRECTOR: ROGER S. PENSKE Mgmt For For
A15 ELECTION OF DIRECTOR: ROBERT J. SWIERINGA Mgmt For For
A16 ELECTION OF DIRECTOR: DOUGLAS A. WARNER III Mgmt For For
B RATIFICATION OF KPMG Mgmt For For
01 CUMULATIVE VOTING Shr Against For
02 SEPARATE THE ROLES OF CEO AND CHAIRMAN Shr Against For
03 RECOUP UNEARNED MANAGEMENT BONUSES Shr Against For
04 CURB OVER-EXTENDED DIRECTORS Shr Against For
05 REPORT ON CHARITABLE CONTRIBUTIONS Shr Against For
06 GLOBAL WARMING REPORT Shr Against For
07 ADVISORY VOTE ON EXECUTIVE COMPENSATION Shr Against For
_____________________________________________________________________
GENERAL MILLS, INC. Agenda Number: 932762443
_____________________________________________________________________
Security: 370334104
Meeting Type: Annual
Meeting Date: 24-Sep-2007
Ticker: GIS
ISIN: US3703341046
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF DIRECTOR: PAUL DANOS Mgmt For For
1B ELECTION OF DIRECTOR: WILLIAM T. ESREY Mgmt For For
1C ELECTION OF DIRECTOR: RAYMOND V. GILMARTIN Mgmt For For
1D ELECTION OF DIRECTOR: JUDITH RICHARDS HOPE Mgmt For For
1E ELECTION OF DIRECTOR: HEIDI G. MILLER Mgmt For For
1F ELECTION OF DIRECTOR: HILDA OCHOA-BRILLEMBOURG Mgmt For For
1G ELECTION OF DIRECTOR: STEVE ODLAND Mgmt For For
1H ELECTION OF
DIRECTOR:
1I ELECTION OF DIRECTOR: MICHAEL D. ROSE Mgmt For For
1J ELECTION OF DIRECTOR: ROBERT L. RYAN Mgmt For For
1K ELECTION OF DIRECTOR: STEPHEN W. SANGER Mgmt For For
1L ELECTION OF DIRECTOR: A. MICHAEL SPENCE Mgmt For For
1M ELECTION OF DIRECTOR: DOROTHY A. TERRELL Mgmt For For
02 RATIFY THE APPOINTMENT OF KPMG LLP AS GENERAL Mgmt For For
MILLS' INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM.
03 ADOPT THE 2007 STOCK COMPENSATION PLAN. Mgmt For For
_____________________________________________________________________
GENUINE PARTS COMPANY Agenda Number: 932819709
_____________________________________________________________________
Security: 372460105
Meeting Type: Annual
Meeting Date: 21-Apr-2008
Ticker: GPC
ISIN: US3724601055
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
DR. MARY B. BULLOCK Mgmt For For
RICHARD W. COURTS II Mgmt For For
JEAN DOUVILLE Mgmt For For
THOMAS C. GALLAGHER Mgmt For For
GEORGE C. "JACK" GUYNN Mgmt For For
JOHN D. JOHNS Mgmt For For
MICHAEL M. E. JOHNS, MD Mgmt For For
J. HICKS LANIER Mgmt For For
WENDY B. NEEDHAM Mgmt For For
JERRY W. NIX Mgmt For For
LARRY L. PRINCE Mgmt For For
GARY W. ROLLINS Mgmt For For
02 RATIFICATION OF THE SELECTION OF ERNST & YOUNG Mgmt For For
LLP AS THE COMPANY'S INDEPENDENT AUDITORS FOR
THE FISCAL YEAR ENDING DECEMBER 31, 2008.
_____________________________________________________________________
GRACO INC. Agenda Number: 932824774
_____________________________________________________________________
Security: 384109104
Meeting Type: Annual
Meeting Date: 25-Apr-2008
Ticker: GGG
ISIN: US3841091040
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
PATRICK J. MCHALE Mgmt For For
LEE R. MITAU Mgmt For For
MARTI MORFITT Mgmt For For
02 RATIFICATION OF APPOINTMENT OF DELOITTE & TOUCHE Mgmt For For
LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM.
_____________________________________________________________________
H.B. FULLER COMPANY Agenda Number: 932818276
_____________________________________________________________________
Security: 359694106
Meeting Type: Annual
Meeting Date: 03-Apr-2008
Ticker: FUL
ISIN: US3596941068
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
J. MICHAEL LOSH Mgmt For For
LEE R. MITAU Mgmt For For
R. WILLIAM VAN SANT Mgmt For For
02 TO RATIFY THE APPOINTMENT OF KPMG LLP AS THE Mgmt For For
COMPANY'S INDEPENDENT AUDITORS FOR THE FISCAL
YEAR ENDING NOVEMBER 29, 2008.
03 TO APPROVE THE AMENDED AND RESTATED H.B. FULLER Mgmt For For
COMPANY ANNUAL AND LONG-TERM INCENTIVE PLAN.
_____________________________________________________________________
HONEYWELL INTERNATIONAL INC. Agenda Number: 932823253
_____________________________________________________________________
Security: 438516106
Meeting Type: Annual
Meeting Date: 28-Apr-2008
Ticker: HON
ISIN: US4385161066
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF DIRECTOR: GORDON M. BETHUNE Mgmt For For
1B ELECTION OF
DIRECTOR: JAIME
1C ELECTION OF DIRECTOR: DAVID M. COTE Mgmt For For
1D ELECTION OF DIRECTOR: D. SCOTT DAVIS Mgmt For For
1E ELECTION OF DIRECTOR: LINNET F. DEILY Mgmt For For
1F ELECTION OF DIRECTOR: CLIVE R. HOLLICK Mgmt For For
1G ELECTION OF DIRECTOR: BRADLEY T. SHEARES Mgmt For For
1H ELECTION OF DIRECTOR: ERIC K. SHINSEKI Mgmt For For
1I ELECTION OF DIRECTOR: JOHN R. STAFFORD Mgmt For For
1J ELECTION OF DIRECTOR: MICHAEL W. WRIGHT Mgmt For For
02 APPROVAL OF INDEPENDENT ACCOUNTANTS Mgmt For For
03 AMENDMENT TO THE RESTATED CERTIFICATE OF INCORPORATION Mgmt For For
- RIGHT TO CALL A SPECIAL MEETING OF SHAREOWNERS
04 PAY-FOR-
_____________________________________________________________________
HORMEL FOODS CORPORATION Agenda Number: 932798955
_____________________________________________________________________
Security: 440452100
Meeting Type: Annual
Meeting Date: 29-Jan-2008
Ticker: HRL
ISIN: US4404521001
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
TERRELL K. CREWS Mgmt For For
JEFFREY M. ETTINGER Mgmt For For
JODY H. FERAGEN Mgmt For For
LUELLA G. GOLDBERG Mgmt For For
SUSAN I. MARVIN Mgmt For For
JOHN L. MORRISON Mgmt For For
ELSA A. MURANO, PH.D. Mgmt For For
ROBERT C. NAKASONE Mgmt For For
RONALD D. PEARSON Mgmt For For
DAKOTA A. PIPPINS Mgmt For For
GARY J. RAY Mgmt For For
HUGH C. SMITH, M.D. Mgmt For For
JOHN G. TURNER Mgmt For For
02 RATIFY THE APPOINTMENT BY THE AUDIT COMMITTEE Mgmt For For
OF THE BOARD OF DIRECTORS OF ERNST & YOUNG
LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM FOR THE FISCAL YEAR ENDING OCTOBER 26,
2008.
03 APPROVE THE HORMEL FOODS CORPORATION OPERATORS' Mgmt For For
SHARE INCENTIVE COMPENSATION PLAN TO ENABLE
CERTAIN COMPENSATION PAID UNDER THE PLAN TO
CONTINUE TO QUALIFY AS DEDUCTIBLE PERFORMANCE-BASED
COMPENSATION UNDER SECTION 162(M) OF THE INTERNAL
REVENUE CODE.
_____________________________________________________________________
INGERSOLL-RAND COMPANY LIMITED Agenda Number: 932871735
_____________________________________________________________________
Security: G4776G101
Meeting Type: Annual
Meeting Date: 04-Jun-2008
Ticker: IR
ISIN: BMG4776G1015
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
A.C. BERZIN Mgmt For For
G.D. FORSEE Mgmt For For
P.C. GODSOE Mgmt For For
H.L. HENKEL Mgmt For For
C.J. HORNER Mgmt For For
H.W. LICHTENBERGER Mgmt For For
T.E. MARTIN Mgmt For For
P. NACHTIGAL Mgmt For For
O.R. SMITH Mgmt For For
R.J. SWIFT Mgmt For For
T.L. WHITE Mgmt For For
02 APPROVAL OF THE AMENDED AND RESTATED BYE-LAWS Mgmt For For
OF THE COMPANY.
03 APPOINTMENT OF INDEPENDENT AUDITORS AND AUTHORIZATION Mgmt For For
OF BOARD OF DIRECTORS TO FIX THE AUDITORS'
REMUNERATION.
04 SHAREHOLDER PROPOSAL TO REQUIRE A SHAREHOLDER Shr Against For
VOTE ON AN ADVISORY RESOLUTION WITH RESPECT
TO EXECUTIVE COMPENSATION.
_____________________________________________________________________
INTERNATIONAL BUSINESS MACHINES CORP. Agenda Number: 932825118
_____________________________________________________________________
Security: 459200101
Meeting Type: Annual
Meeting Date: 29-Apr-2008
Ticker: IBM
ISIN: US4592001014
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
C. BLACK Mgmt For For
W.R. BRODY Mgmt For For
K.I. CHENAULT Mgmt For For
M.L. ESKEW Mgmt For For
J.W. OWENS Mgmt For For
S.J. PALMISANO Mgmt For For
J.E. SPERO Mgmt For For
S. TAUREL Mgmt For For
L.H. ZAMBRANO Mgmt For For
02 RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED Mgmt For For
PUBLIC ACCOUNTING FIRM
03 STOCKHOLDER PROPOSAL ON CUMULATIVE VOTING Shr Against For
04 STOCKHOLDER PROPOSAL ON EXECUTIVE COMPENSATION Shr Against For
05 STOCKHOLDER PROPOSAL ON BOARD COMMITTEE ON HUMAN Shr Against For
RIGHTS
06 STOCKHOLDER PROPOSAL ON SPECIAL MEETINGS Shr Against For
07 STOCKHOLDER PROPOSAL ON ADVISORY VOTE ON EXECUTIVE Shr Against For
COMPENSATION
_____________________________________________________________________
JOHNSON & JOHNSON Agenda Number: 932823962
_____________________________________________________________________
Security: 478160104
Meeting Type: Annual
Meeting Date: 24-Apr-2008
Ticker: JNJ
ISIN: US4781601046
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
MARY SUE COLEMAN Mgmt For For
JAMES G. CULLEN Mgmt For For
MICHAEL M.E. JOHNS Mgmt For For
SUSAN L. LINDQUIST Mgmt For For
LEO F. MULLIN Mgmt For For
WILLIAM D. PEREZ Mgmt For For
CHRISTINE A. POON Mgmt For For
CHARLES PRINCE Mgmt For For
STEVEN S REINEMUND Mgmt For For
DAVID SATCHER Mgmt For For
WILLIAM C. WELDON Mgmt For For
02 RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS Mgmt For For
LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM
03 SHAREHOLDER PROPOSAL: ADVISORY VOTE ON EXECUTIVE Shr Against For
COMPENSATION POLICIES AND DISCLOSURE
_____________________________________________________________________
JPMORGAN CHASE & CO. Agenda Number: 932852280
_____________________________________________________________________
Security: 46625H100
Meeting Type: Annual
Meeting Date: 20-May-2008
Ticker: JPM
ISIN: US46625H1005
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF DIRECTOR: CRANDALL C. BOWLES Mgmt For For
1B ELECTION OF DIRECTOR: STEPHEN B. BURKE Mgmt For For
1C ELECTION OF DIRECTOR: DAVID M. COTE Mgmt For For
1D ELECTION OF DIRECTOR: JAMES S. CROWN Mgmt For For
1E ELECTION OF DIRECTOR: JAMES DIMON Mgmt For For
1F ELECTION OF DIRECTOR: ELLEN V. FUTTER Mgmt For For
1G ELECTION OF DIRECTOR: WILLIAM H. GRAY, III Mgmt For For
1H ELECTION OF DIRECTOR: LABAN P. JACKSON, JR. Mgmt For For
1I ELECTION OF DIRECTOR: ROBERT I. LIPP Mgmt For For
1J ELECTION OF DIRECTOR: DAVID C. NOVAK Mgmt For For
1K ELECTION OF DIRECTOR: LEE R. RAYMOND Mgmt For For
1L ELECTION OF DIRECTOR: WILLIAM C. WELDON Mgmt For For
02 APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC Mgmt For For
ACCOUNTING FIRM
03 APPROVAL OF AMENDMENT TO 2005 LONG-TERM INCENTIVE Mgmt For For
PLAN
04 REAPPROVAL OF KEY EXECUTIVE PERFORMANCE PLAN Mgmt For For
05 GOVERNMENTAL SERVICE REPORT Shr Against For
06 POLITICAL CONTRIBUTIONS REPORT Shr Against For
07 INDEPENDENT CHAIRMAN OF THE BOARD Shr Against For
08 EXECUTIVE COMPENSATION APPROVAL Shr Against For
09 TWO CANDIDATES PER DIRECTORSHIP Shr Against For
10 HUMAN RIGHTS AND INVESTMENT REPORT Shr Against For
11 LOBBYING PRIORITIES REPORT Shr Against For
_____________________________________________________________________
KIMBERLY-CLARK CORPORATION Agenda Number: 932821754
_____________________________________________________________________
Security: 494368103
Meeting Type: Annual
Meeting Date: 17-Apr-2008
Ticker: KMB
ISIN: US4943681035
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF DIRECTOR: JOHN R. ALM Mgmt For For
1B ELECTION OF DIRECTOR: JOHN F. BERGSTROM Mgmt For For
1C ELECTION OF DIRECTOR: ROBERT W. DECHERD Mgmt For For
1D ELECTION OF DIRECTOR: IAN C. READ Mgmt For For
1E ELECTION OF DIRECTOR: G. CRAIG SULLIVAN Mgmt For For
02 RATIFICATION OF AUDITORS Mgmt For For
03 APPROVAL OF AMENDED AND RESTATED CERTIFICATE Mgmt For For
OF INCORPORATION TO ELIMINATE SUPERMAJORITY
VOTING PROVISIONS
04 STOCKHOLDER PROPOSAL REGARDING QUALIFICATIONS Shr Against For
FOR DIRECTOR NOMINEES
05 STOCKHOLDER PROPOSAL REGARDING ADOPTION OF GLOBAL Shr Against For
HUMAN RIGHTS STANDARDS BASED ON INTERNATIONAL
LABOR CONVENTIONS
06 STOCKHOLDER PROPOSAL REGARDING SPECIAL SHAREHOLDER Shr Against For
MEETINGS
07 STOCKHOLDER PROPOSAL REGARDING CUMULATIVE VOTING Shr Against For
08 STOCKHOLDER PROPOSAL REGARDING AMENDMENT OF Shr Against For
BYLAWS TO ESTABLISH A BOARD COMMITTEE ON SUSTAINABILITY
_____________________________________________________________________
LINCOLN NATIONAL CORPORATION Agenda Number: 932850818
_____________________________________________________________________
Security: 534187109
Meeting Type: Annual
Meeting Date: 08-May-2008
Ticker: LNC
ISIN: US5341871094
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
J. PATRICK BARRETT Mgmt For For
DENNIS R. GLASS Mgmt For For
MICHAEL F. MEE Mgmt For For
DAVID A. STONECIPHER Mgmt For For
02 TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP, Mgmt For For
AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM FOR 2008.
_____________________________________________________________________
MERRILL LYNCH & CO., INC. Agenda Number: 932826300
_____________________________________________________________________
Security: 590188108
Meeting Type: Annual
Meeting Date: 24-Apr-2008
Ticker: MER
ISIN: US5901881087
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF DIRECTOR: CAROL T. CHRIST Mgmt For For
1B ELECTION OF DIRECTOR: ARMANDO M. CODINA Mgmt For For
1C ELECTION OF DIRECTOR: JUDITH MAYHEW JONAS Mgmt For For
1D ELECTION OF DIRECTOR: JOHN A. THAIN Mgmt For For
02 RATIFY APPOINTMENT OF DELOITTE & TOUCHE LLP Mgmt For For
AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM
03 ADOPT CUMULATIVE VOTING Shr Against For
04 PROHIBIT SENIOR EXECUTIVE OFFICER STOCK SALES Shr Against For
DURING BUYBACK
05 ADOPT ADVISORY VOTE ON EXECUTIVE COMPENSATION Shr Against For
06 ADOPT RESPONSIBLE EMPLOYMENT PRINCIPLES Shr Against For
_____________________________________________________________________
MTS SYSTEMS CORPORATION Agenda Number: 932798258
_____________________________________________________________________
Security: 553777103
Meeting Type: Annual
Meeting Date: 15-Jan-2008
Ticker: MTSC
ISIN: US5537771033
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
RICARDO ARTIGAS Mgmt For For
JEAN-LOU CHAMEAU Mgmt For For
MERLIN E. DEWING Mgmt For For
SIDNEY W. EMERY, JR. Mgmt For For
LAURA B. HAMILTON Mgmt For For
BRENDAN C. HEGARTY Mgmt For For
LOIS M. MARTIN Mgmt For For
BARB J. SAMARDZICH Mgmt For For
02 TO RATIFY THE APPOINTMENT OF KPMG LLP AS THE Mgmt For For
COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM FOR FISCAL 2008.
_____________________________________________________________________
MURPHY OIL CORPORATION Agenda Number: 932842974
_____________________________________________________________________
Security: 626717102
Meeting Type: Annual
Meeting Date: 14-May-2008
Ticker:
ISIN: US6267171022
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
F.W. BLUE Mgmt For For
C.P. DEMING Mgmt For For
R.A. HERMES Mgmt For For
J.V. KELLEY Mgmt For For
R.M. MURPHY Mgmt For For
W.C. NOLAN, JR. Mgmt For For
I.B. RAMBERG Mgmt For For
N.E. SCHMALE Mgmt For For
D.J.H. SMITH Mgmt For For
C.G. THEUS Mgmt For For
02 PROPOSED 2008 STOCK PLAN FOR NON-EMPLOYEE DIRECTORS. Mgmt For For
03 SHAREHOLDER PROPOSAL CONCERNING THE COMPANY'S Shr Against For
NON-DISCRIMINATION IN EMPLOYMENT POLICY.
04 APPROVE THE APPOINTMENT OF KPMG LLP AS INDEPENDENT Mgmt For For
REGISTERED PUBLIC ACCOUNTING FIRM.
_____________________________________________________________________
PENTAIR, INC. Agenda Number: 932839725
_____________________________________________________________________
Security: 709631105
Meeting Type: Annual
Meeting Date: 01-May-2008
Ticker: PNR
ISIN: US7096311052
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
LESLIE ABI-KARAM Mgmt For For
JERRY W. BURRIS Mgmt For For
RONALD L. MERRIMAN Mgmt For For
02 TO APPROVE THE PENTAIR, INC. 2008 OMNIBUS STOCK Mgmt For For
INCENTIVE PLAN.
03 TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE Mgmt For For
LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM FOR 2008.
_____________________________________________________________________
PFIZER INC. Agenda Number: 932829940
_____________________________________________________________________
Security: 717081103
Meeting Type: Annual
Meeting Date: 24-Apr-2008
Ticker: PFE
ISIN: US7170811035
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF DIRECTOR: DENNIS A. AUSIELLO Mgmt For For
1B ELECTION OF DIRECTOR: MICHAEL S. BROWN Mgmt For For
1C ELECTION OF DIRECTOR: M. ANTHONY BURNS Mgmt For For
1D ELECTION OF DIRECTOR: ROBERT N. BURT Mgmt For For
1E ELECTION OF DIRECTOR: W. DON CORNWELL Mgmt For For
1F ELECTION OF DIRECTOR: WILLIAM H. GRAY, III Mgmt For For
1G ELECTION OF DIRECTOR: CONSTANCE J. HORNER Mgmt For For
1H ELECTION OF DIRECTOR: WILLIAM R. HOWELL Mgmt For For
1I ELECTION OF DIRECTOR: JAMES M. KILTS Mgmt For For
1J ELECTION OF DIRECTOR: JEFFREY B. KINDLER Mgmt For For
1K ELECTION OF DIRECTOR: GEORGE A. LORCH Mgmt For For
1L ELECTION OF DIRECTOR: DANA G. MEAD Mgmt For For
1M ELECTION OF DIRECTOR: SUZANNE NORA JOHNSON Mgmt For For
1N ELECTION OF DIRECTOR: WILLIAM C. STEERE, JR. Mgmt For For
02 PROPOSAL TO RATIFY THE SELECTION OF KPMG LLP Mgmt For For
AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM FOR 2008.
03 SHAREHOLDER PROPOSAL REGARDING STOCK OPTIONS. Shr Against For
04 SHAREHOLDER PROPOSAL REQUESTING SEPARATION OF Shr Against For
CHAIRMAN AND CEO ROLES.
_____________________________________________________________________
PRINCIPAL FINANCIAL GROUP, INC. Agenda Number: 932851555
_____________________________________________________________________
Security: 74251V102
Meeting Type: Annual
Meeting Date: 20-May-2008
Ticker: PFG
ISIN: US74251V1026
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF DIRECTOR: BETSY J. BERNARD Mgmt For For
1B ELECTION OF DIRECTOR: JOCELYN CARTER-MILLER Mgmt For For
1C ELECTION OF DIRECTOR: GARY E. COSTLEY Mgmt For For
1D ELECTION OF DIRECTOR: WILLIAM T. KERR Mgmt For For
02 RATIFICATION OF INDEPENDENT AUDITORS. Mgmt For For
_____________________________________________________________________
SCHLUMBERGER LIMITED (SCHLUMBERGER N.V.) Agenda Number: 932819052
_____________________________________________________________________
Security: 806857108
Meeting Type: Annual
Meeting Date: 09-Apr-2008
Ticker: SLB
ISIN: AN8068571086
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
P. CAMUS Mgmt For For
J.S. GORELICK Mgmt For For
A. GOULD Mgmt For For
T. ISAAC Mgmt For For
N. KUDRYAVTSEV Mgmt For For
A. LAJOUS Mgmt For For
M.E. MARKS Mgmt For For
D. PRIMAT Mgmt For For
L.R. REIF Mgmt For For
T.I. SANDVOLD Mgmt For For
N. SEYDOUX Mgmt For For
L.G. STUNTZ Mgmt For For
02 ADOPTION AND APPROVAL OF FINANCIALS AND DIVIDENDS Mgmt For For
03 APPROVAL OF ADOPTION OF THE SCHLUMBERGER 2008 Mgmt For For
STOCK INCENTIVE PLAN
04 APPROVAL OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING Mgmt For For
FIRM
_____________________________________________________________________
STURM, RUGER & COMPANY, INC. Agenda Number: 932830311
_____________________________________________________________________
Security: 864159108
Meeting Type: Annual
Meeting Date: 23-Apr-2008
Ticker: RGR
ISIN: US8641591081
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
JAMES E. SERVICE Mgmt For For
STEPHEN L. SANETTI Mgmt For For
MICHAEL O. FIFER Mgmt For For
JOHN A. COSENTINO, JR. Mgmt For For
C. MICHAEL JACOBI Mgmt For For
JOHN M. KINGSLEY, JR. Mgmt For For
STEPHEN T. MERKEL Mgmt For For
RONALD C. WHITAKER Mgmt For For
02 THE RATIFICATION OF THE APPOINTMENT OF MCGLADREY Mgmt For For
& PULLEN, LLP AS THE INDEPENDENT AUDITORS OF
THE COMPANY FOR THE 2008 FISCAL YEAR.
03 IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED Mgmt For For
TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY
COME BEFORE THE MEETING.
_____________________________________________________________________
SUPERVALU INC. Agenda Number: 932903087
_____________________________________________________________________
Security: 868536103
Meeting Type: Annual
Meeting Date: 26-Jun-2008
Ticker: SVU
ISIN: US8685361037
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF
DIRECTOR: A.
1B ELECTION OF DIRECTOR: PHILIP L. FRANCIS Mgmt For For
1C ELECTION OF DIRECTOR: EDWIN C. GAGE Mgmt For For
1D ELECTION OF DIRECTOR: GARNETT L. KEITH, JR. Mgmt For For
1E ELECTION OF DIRECTOR: MARISSA T. PETERSON Mgmt For For
02 RATIFICATION OF APPOINTMENT OF KPMG LLP AS INDEPENDENT Mgmt For For
REGISTERED PUBLIC ACCOUNTANTS
03 TO CONSIDER AND VOTE ON A STOCKHOLDER PROPOSAL Shr Against For
AS DESCRIBED IN THE ATTACHED PROXY STATEMENT
04 TO CONSIDER AND VOTE ON A STOCKHOLDER PROPOSAL Shr Against For
AS DESCRIBED IN THE ATTACHED PROXY STATEMENT
_____________________________________________________________________
TCF FINANCIAL CORPORATION Agenda Number: 932820562
_____________________________________________________________________
Security: 872275102
Meeting Type: Annual
Meeting Date: 23-Apr-2008
Ticker: TCB
ISIN: US8722751026
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
RODNEY P. BURWELL Mgmt For For
WILLIAM A. COOPER Mgmt For For
THOMAS A. CUSICK Mgmt For For
PETER L. SCHERER Mgmt For For
02 APPROVE A SECOND AMENDED AND RESTATED CERTIFICATE Mgmt For For
OF INCORPORATION TO ELIMINATE THE CLASSIFIED
BOARD STRUCTURE AND PROVIDE FOR THE ANNUAL
ELECTION OF DIRECTORS.
03 ADVISORY VOTE ON THE APPOINTMENT OF KPMG LLP Mgmt For For
AS INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS
FOR 2008.
_____________________________________________________________________
THE HERSHEY COMPANY Agenda Number: 932820942
_____________________________________________________________________
Security: 427866108
Meeting Type: Annual
Meeting Date: 22-Apr-2008
Ticker: HSY
ISIN: US4278661081
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
R.F. CAVANAUGH Mgmt For For
A.G. LANGBO Mgmt For For
J.E. NEVELS Mgmt For For
T.J. RIDGE Mgmt For For
C.B. STRAUSS Mgmt For For
D.J.
K.L. WOLFE Mgmt For For
L.S. ZIMMERMAN Mgmt For For
02 RATIFY APPOINTMENT OF KPMG LLP AS INDEPENDENT Mgmt For For
AUDITORS FOR 2008.
03 STOCKHOLDER PROPOSAL REGARDING IMPLEMENTATION Shr Against For
OF THE 2001
04 STOCKHOLDER PROPOSAL REGARDING ESTABLISHMENT Shr Against For
OF A HUMAN RIGHTS COMMITTEE OF THE BOARD.
_____________________________________________________________________
THE HOME DEPOT, INC. Agenda Number: 932855832
_____________________________________________________________________
Security: 437076102
Meeting Type: Annual
Meeting Date: 22-May-2008
Ticker: HD
ISIN: US4370761029
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF DIRECTOR: F. DUANE ACKERMAN Mgmt For For
1B ELECTION OF DIRECTOR: DAVID H. BATCHELDER Mgmt For For
1C ELECTION OF DIRECTOR: FRANCIS S. BLAKE Mgmt For For
1D ELECTION OF DIRECTOR: ARI BOUSBIB Mgmt For For
1E ELECTION OF DIRECTOR: GREGORY D. BRENNEMAN Mgmt For For
1F ELECTION OF DIRECTOR: ALBERT P. CAREY Mgmt For For
1G ELECTION OF DIRECTOR: ARMANDO CODINA Mgmt For For
1H ELECTION OF DIRECTOR: BRIAN C. CORNELL Mgmt For For
1I ELECTION OF DIRECTOR: BONNIE G. HILL Mgmt For For
1J ELECTION OF DIRECTOR: KAREN L. KATEN Mgmt For For
02 TO RATIFY THE APPOINTMENT OF KPMG LLP AS THE Mgmt For For
INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
OF THE COMPANY FOR THE FISCAL YEAR ENDING FEBRUARY
1, 2009
03 TO APPROVE THE MATERIAL TERMS OF OFFICER PERFORMANCE Mgmt For For
GOALS UNDER THE MANAGEMENT INCENTIVE PLAN
04 TO APPROVE AN AMENDMENT TO THE COMPANY'S EMPLOYEE Mgmt For For
STOCK PURCHASE PLAN TO INCREASE THE NUMBER
OF RESERVED SHARES
05 SHAREHOLDER PROPOSAL REGARDING POLITICAL NONPARTISANSHIP Shr Against For
06 SHAREHOLDER PROPOSAL REGARDING SPECIAL SHAREHOLDER Shr Against For
MEETINGS
07 SHAREHOLDER PROPOSAL REGARDING EMPLOYMENT DIVERSITY Shr Against For
REPORT DISCLOSURE
08 SHAREHOLDER PROPOSAL REGARDING EXECUTIVE OFFICER Shr Against For
COMPENSATION
09 SHAREHOLDER PROPOSAL REGARDING PAY-FOR-SUPERIOR Shr Against For
PERFORMANCE
_____________________________________________________________________
THE TRAVELERS COMPANIES, INC. Agenda Number: 932831402
_____________________________________________________________________
Security: 89417E109
Meeting Type: Annual
Meeting Date: 06-May-2008
Ticker: TRV
ISIN: US89417E1091
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF DIRECTOR: ALAN L. BELLER Mgmt For For
1B ELECTION OF DIRECTOR: JOHN H. DASBURG Mgmt For For
1C ELECTION OF DIRECTOR: JANET M. DOLAN Mgmt For For
1D ELECTION OF DIRECTOR: KENNETH M. DUBERSTEIN Mgmt For For
1E ELECTION OF DIRECTOR: JAY S. FISHMAN Mgmt For For
1F ELECTION OF
DIRECTOR:
1G ELECTION OF DIRECTOR: PATRICIA L. HIGGINS Mgmt For For
1H ELECTION OF DIRECTOR: THOMAS R. HODGSON Mgmt For For
1I ELECTION OF DIRECTOR: CLEVE L. KILLINGSWORTH, Mgmt For For
JR.
1J ELECTION OF DIRECTOR: ROBERT I. LIPP Mgmt For For
1K ELECTION OF DIRECTOR: BLYTHE J. MCGARVIE Mgmt For For
1L ELECTION OF DIRECTOR: GLEN D. NELSON, MD Mgmt For For
1M ELECTION OF DIRECTOR: LAURIE J. THOMSEN Mgmt For For
02 PROPOSAL TO RATIFY THE SELECTION OF KPMG LLP Mgmt For For
AS TRAVELERS' INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM FOR 2008.
_____________________________________________________________________
THE VALSPAR CORPORATION Agenda Number: 932807110
_____________________________________________________________________
Security: 920355104
Meeting Type: Annual
Meeting Date: 27-Feb-2008
Ticker: VAL
ISIN: US9203551042
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
JANEL S. HAUGARTH Mgmt For For
WILLIAM L. MANSFIELD Mgmt For For
RICHARD L. WHITE Mgmt For For
02 TO APPROVE THE RATIFICATION OF THE APPOINTMENT Mgmt For For
OF ERNST & YOUNG LLP AS THE INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM OF THE CORPORATION.
_____________________________________________________________________
_____________________________________________________________________
Security: 902973304
Meeting Type: Annual
Meeting Date: 15-Apr-2008
Ticker: USB
ISIN: US9029733048
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF DIRECTOR TO SERVE UNTIL THE ANNUAL Mgmt For For
MEETING IN 2009: DOUGLAS M. BAKER, JR.
1B ELECTION OF DIRECTOR TO SERVE UNTIL THE ANNUAL Mgmt For For
MEETING IN 2009: JOEL W. JOHNSON
1C ELECTION OF DIRECTOR TO SERVE UNTIL THE ANNUAL Mgmt For For
MEETING IN 2009: DAVID B. O'MALEY
1D ELECTION OF DIRECTOR TO SERVE UNTIL THE ANNUAL Mgmt For For
MEETING IN 2009: O'DELL M. OWENS, M.D., M.P.H.
1E ELECTION OF DIRECTOR TO SERVE UNTIL THE ANNUAL Mgmt For For
MEETING IN 2009: CRAIG D. SCHNUCK
02 RATIFY SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT Mgmt For For
AUDITOR FOR THE 2008 FISCAL YEAR.
03 SHAREHOLDER PROPOSAL: ANNUAL RATIFICATION OF Shr Against For
EXECUTIVE OFFICER COMPENSATION.
04 SHAREHOLDER PROPOSAL: SEPARATE THE ROLES OF Shr Against For
CHAIRMAN AND CHIEF EXECUTIVE OFFICER.
_____________________________________________________________________
UNITED PARCEL SERVICE, INC. Agenda Number: 932828405
_____________________________________________________________________
Security: 911312106
Meeting Type: Annual
Meeting Date: 08-May-2008
Ticker: UPS
ISIN: US9113121068
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
F. DUANE ACKERMAN Mgmt For For
MICHAEL J. BURNS Mgmt For For
D. SCOTT DAVIS Mgmt For For
STUART E. EIZENSTAT Mgmt For For
MICHAEL L. ESKEW Mgmt For For
ANN M. LIVERMORE Mgmt For For
RUDY
JOHN W. THOMPSON Mgmt For For
CAROL B. TOME Mgmt For For
BEN VERWAAYEN Mgmt For For
02 RATIFICATION OF THE APPOINTMENT OF DELOITTE Mgmt For For
& TOUCHE
PUBLIC ACCOUNTANTS FOR THE YEAR ENDING DECEMBER
31, 2008.
_____________________________________________________________________
WELLS FARGO & COMPANY Agenda Number: 932823897
_____________________________________________________________________
Security: 949746101
Meeting Type: Annual
Meeting Date: 29-Apr-2008
Ticker: WFC
ISIN: US9497461015
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF DIRECTOR: JOHN S. CHEN Mgmt For For
1B ELECTION OF DIRECTOR: LLOYD H. DEAN Mgmt For For
1C ELECTION OF DIRECTOR: SUSAN E. ENGEL Mgmt For For
1D ELECTION OF DIRECTOR: ENRIQUE HERNANDEZ, JR. Mgmt For For
1E ELECTION OF DIRECTOR: ROBERT L. JOSS Mgmt For For
1F ELECTION OF DIRECTOR: RICHARD M. KOVACEVICH Mgmt For For
1G ELECTION OF DIRECTOR: RICHARD D. MCCORMICK Mgmt For For
1H ELECTION OF DIRECTOR: CYNTHIA H. MILLIGAN Mgmt For For
1I ELECTION OF DIRECTOR: NICHOLAS G. MOORE Mgmt For For
1J ELECTION OF DIRECTOR: PHILIP J. QUIGLEY Mgmt For For
1K ELECTION OF DIRECTOR: DONALD B. RICE Mgmt For For
1L ELECTION OF DIRECTOR: JUDITH M. RUNSTAD Mgmt For For
1M ELECTION OF DIRECTOR: STEPHEN W. SANGER Mgmt For For
1N ELECTION OF DIRECTOR: JOHN G. STUMPF Mgmt For For
1O ELECTION OF DIRECTOR: SUSAN G. SWENSON Mgmt For For
1P ELECTION OF DIRECTOR: MICHAEL W. WRIGHT Mgmt For For
02 PROPOSAL TO RATIFY APPOINTMENT OF KPMG LLP AS Mgmt For For
INDEPENDENT AUDITORS FOR 2008.
03 PROPOSAL TO APPROVE THE PERFORMANCE-BASED COMPENSATION Mgmt For For
POLICY.
04 PROPOSAL TO APPROVE THE AMENDED AND RESTATED Mgmt For For
LONG-TERM INCENTIVE COMPENSATION PLAN.
05 PROPOSAL REGARDING A BY-LAWS AMENDMENT TO REQUIRE Shr Against For
AN INDEPENDENT CHAIRMAN.
06 PROPOSAL REGARDING AN EXECUTIVE COMPENSATION Shr Against For
ADVISORY VOTE.
07 PROPOSAL REGARDING A "PAY-FOR-SUPERIOR-PERFORMANCE" Shr Against For
COMPENSATION PLAN.
08 PROPOSAL REGARDING HUMAN RIGHTS ISSUES IN INVESTMENT Shr Against For
POLICIES.
09 PROPOSAL REGARDING A NEUTRAL SEXUAL ORIENTATION Shr Against For
EMPLOYMENT POLICY.
10 PROPOSAL REGARDING A REPORT ON RACIAL DISPARITIES Shr Against For
IN MORTGAGE LENDING.
_____________________________________________________________________
WYETH Agenda Number: 932827136
_____________________________________________________________________
Security: 983024100
Meeting Type: Annual
Meeting Date: 24-Apr-2008
Ticker: WYE
ISIN: US9830241009
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF DIRECTOR: ROBERT M. AMEN Mgmt For For
1B ELECTION OF DIRECTOR: MICHAEL J. CRITELLI Mgmt For For
1C ELECTION OF DIRECTOR: ROBERT ESSNER Mgmt For For
1D ELECTION OF DIRECTOR: JOHN D. FEERICK Mgmt For For
1E ELECTION OF DIRECTOR: FRANCES D. FERGUSSON Mgmt For For
1F ELECTION OF DIRECTOR: VICTOR F. GANZI Mgmt For For
1G ELECTION OF DIRECTOR: ROBERT LANGER Mgmt For For
1H ELECTION OF DIRECTOR: JOHN P. MASCOTTE Mgmt For For
1I ELECTION OF DIRECTOR: RAYMOND J. MCGUIRE Mgmt For For
1J ELECTION OF
DIRECTOR:
1K ELECTION OF DIRECTOR: BERNARD POUSSOT Mgmt For For
1L ELECTION OF DIRECTOR: GARY L. ROGERS Mgmt For For
1M ELECTION OF DIRECTOR: JOHN R. TORELL III Mgmt For For
02 VOTE TO RATIFY PRICEWATERHOUSECOOPERS LLP AS Mgmt For For
OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM FOR 2008
03 VOTE TO AMEND AND RESTATE THE WYETH 2005 STOCK Mgmt For For
INCENTIVE PLAN
04 VOTE TO ADOPT THE WYETH 2008 NON-EMPLOYEE DIRECTOR Mgmt For For
STOCK INCENTIVE PLAN
05 STOCKHOLDER PROPOSAL ON REPORTING THE COMPANY'S Shr Against For
POLITICAL CONTRIBUTIONS AND TRADE ASSOCIATION
PAYMENTS
06 STOCKHOLDER PROPOSAL ON ADOPTION OF A BY-LAW Shr Against For
FOR THE RECOUPMENT OF INCENTIVE BONUSES
_____________________________________________________________________
XCEL ENERGY INC. Agenda Number: 932848748
_____________________________________________________________________
Security: 98389B100
Meeting Type: Annual
Meeting Date: 21-May-2008
Ticker: XEL
ISIN: US98389B1008
_____________________________________________________________________
Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
C. CONEY BURGESS Mgmt For For
FREDRIC W. CORRIGAN Mgmt For For
RICHARD K. DAVIS Mgmt For For
ROGER R. HEMMINGHAUS Mgmt For For
A. BARRY HIRSCHFELD Mgmt For For
RICHARD C. KELLY Mgmt For For
DOUGLAS W. LEATHERDALE Mgmt For For
ALBERT F. MORENO Mgmt For For
DR. MARGARET R. PRESKA Mgmt For For
A. PATRICIA SAMPSON Mgmt For For
RICHARD H. TRULY Mgmt For For
DAVID A. WESTERLUND Mgmt For For
TIMOTHY V. WOLF Mgmt For For
02 TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE Mgmt For For
LLP AS XCEL ENERGY, INC'S PRINCIPAL INDEPENDENT
ACCOUNTANTS FOR 2008.
03 TO APPROVE AN AMENDMENT TO OUR RESTATED ARTICLES Mgmt For For
OF INCORPORATION TO ADOPT A MAJORITY VOTING
STANDARD IN UNCONTESTED ELECTIONS.
04 TO CONSIDER A SHAREHOLDER PROPOSAL RELATING Shr Against For
TO THE SEPARATION OF THE ROLE OF CHAIRMAN OF
THE BOARD AND CHIEF EXECUTIVE OFFICER, IF PROPERLY
PRESENTED AT THE ANNUAL MEETING.
05 TO CONSIDER A SHAREHOLDER PROPOSAL RELATING Shr Against For
TO COMPREHENSIVE HEALTH CARE REFORM, IF PROPERLY
PRESENTED AT THE ANNUAL MEETING.
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) Mairs and Power Balanced Fund, Inc.
By (Signature) /s/ William B. Frels
Name William B. Frels
Title President
Date 08/06/2008