General Tribal Council & Stronger Self-Defense Against Corporate Fraud

Oneida Seven Generations Corporation’s Corporate Charter, Article XV. Dissolution, states that the Corporation may be dissolved by:

(B) Adoption of a Business Committee Resolution dissolving the Corporation.

In a March 12, 2013 Memorandum regarding the Anti-Incinerator petition later approved by General Tribal Council on May 5, 2013, Oneida Chief Counsel Jo Anne House states:

The charter for Oneida Seven Generations Corporation identifies that the shareholder, as represented by the Oneida Business Committee…can dissolve the corporation.

As Oneida Eye has detailed, OSGC should be dissolved due to the following realities:

Beginning on the evening of Monday July 1, 2013 at the Semi-Annual GTC Meeting, a petition will be circulated for the purpose of supporting the following act of self-defense:

General Tribal Council directs Oneida Business Committee to dissolve Oneida Seven Generations Corporation.

Signatures will be gathered throughout the month of July, including at the Monday July 8, 2013 Special GTC Meeting. GTC members are also encouraged to consider the information, documentation and observations provided by Oneida Eye when casting their votes in the Saturday July 6, 2013 Tribal Special Election.

There is no doubt that the petition to dissolve OSGC will garner sufficient signatures to qualify coming before GTC for a vote, but the organizers of the petition drive want to gather as many signatures as necessary to make it unavoidably obvious to OBC & OSGC that they need to begin to prepare now for the inevitable: GTC will defend itself against OBC & OSGC by directing OBC to dissolve OSGC, and GTC will also usher in a new era of Tribal corporate responsibility, oversight and accountability.

A ‘corporate veil’ ought never be a refuge for corporate evil nor for mundane malfeasance.

General Tribal Council – as Owner/Shareholder/Member of Tribally-chartered corporations – must have full and free access to any and all Narrative Reports, Financial Reports and Disclosure Reports past, present and future in order to adequately address the type of shameful shenanigans by OSGC and asleep-at-the-wheel abdication of sworn duty by OBC (that will more than likely cost the Oneida Tribe millions of dollars) as well as to allow GTC to demand corrective action to avert such dangerous irresponsibility going forward.

Keep watching OneidaEye.com for developments and details about joining together in the efforts to dissolve OSGC and to institute necessary oversight and meaningful accountability which relies on GTC’s access to adequate and accurate information and documentation, as well as perspective and vision.

 

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