FORM N-PX

FORM N-PX

 

 

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-00248
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THE ADAMS EXPRESS COMPANY
-------------------------------------------------------------------------
(Exact name of registrant as specified in charter)

 

 

7 Saint Paul Street, Suite 1140, Baltimore, Maryland 21202
-------------------------------------------------------------------------
(Address of principal executive offices)

 

 

Lawrence L. Hooper, Jr.
The Adams Express Company
7 Saint Paul Street, Suite 1140
Baltimore, Maryland 21202
-------------------------------------------------------------------------
(Name and address of agent for service)

 

 

Registrant's telephone number, including area code: (410) 752-5900
Date of fiscal year end: December 31, 2007
Date of reporting period: July 1, 2006 - June 30, 2007

 

 

Item 1. Proxy Voting Record

Description

Proposal
Type
(Mgmt
or Shldr)

Voted
(Yes or No)

Vote
(For, Agnst, Abstain,
For All - Dirs., Withheld
Elec Of Dirs.)

For/
Agnst
Mgmt

Issuer: Abbott Laboratories

Ticker: ABT

CUSIP: 002824-10-0

Meeting Date: 04/27/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal on Advisory Vote

SHLDR

YES

AGNST

FOR

Proposal on the Roles of Chair and CEO

SHLDR

YES

AGNST

FOR

Issuer: Advanced Medical Optics, Inc.

Ticker: EYE

CUSIP: 00763M-10-8

Meeting Date: 05/22/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Air Products and Chemicals, Inc.

Ticker: APD

CUSIP: 009158-10-6

Meeting Date: 01/25/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Alltel Corporation

Ticker: AT

CUSIP: 020039-10-3

Meeting Date: 05/15/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: AMBAC Financial Group, Inc.

Ticker: ABK

CUSIP: 023139-10-8

Meeting Date: 05/08/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: American International Group, Inc.

Ticker: AIG

CUSIP: 026874-10-7

Meeting Date: 05/16/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal to approve the Company 2007 Stock Incentive Plan

MGMT

YES

AGNST

AGNST

Proposal relating to performance-based stock options

SHLDR

YES

AGNST

FOR

Issuer: Aqua America, Inc.

Ticker: WTR

CUSIP: 03836W-20-3

Meeting Date: 05/24/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Issuer: AT&T Inc.

Ticker: T

CUSIP: O00206R102

Meeting Date: 04/27/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Approve the AT&T Severance Policy

MGMT

YES

FOR

FOR

Proposal regarding Political Contributions

SHLDR

YES

AGNST

FOR

Proposal regarding Special Shareholders Meeting

SHLDR

YES

AGNST

FOR

Proposal regarding Pay for Performance

SHLDR

YES

AGNST

FOR

Proposal regarding Executive Compensation Approval

SHLDR

YES

AGNST

FOR

Proposal regarding SERP Limitation

SHLDR

YES

AGNST

FOR

Issuer: Automatic Data Processing, Inc.

Ticker: ADP

CUSIP: 053015-10-3

Meeting Date: 11/14/2006

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Approve Company's Amended & Restated Executive Incentive Compensation Plan

MGMT

YES

FOR

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Avaya Inc.

Ticker: AV

CUSIP: 053499-10-9

Meeting Date: 02/15/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal to Approve an Amendment to the Avaya Inc. 2004 Long Term Incentive Plan

MGMT

YES

AGNST

AGNST

Proposal on Executive Compensation

SHLDR

YES

AGNST

FOR

Issuer: Avon Products, Inc.

Ticker: AVP

CUSIP: 054303-10-2

Meeting Date: 05/03/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Amendments to the Company's restated Certificate of Incorporation and By-laws

MGMT

YES

FOR

FOR

Resolution regarding benchmarking of incentive compensation goals against peer group performance

SHLDR

YES

AGNST

FOR

Issuer: BankAtlantic Bancorp, Inc.

Ticker: BBX

CUSIP: 065408-50-1

Meeting Date: 05/15/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Issuer: Bank of America Corporation

Ticker: BAC

CUSIP: 060505-10-4

Meeting Date: 04/25/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal regarding stock options

SHLDR

YES

AGNST

FOR

Proposal regarding the number of directors

SHLDR

YES

AGNST

FOR

Proposal regarding an independent Board Chairman

SHLDR

YES

AGNST

FOR

Issuer: The Bank of New York Company, Inc.

Ticker: BK

CUSIP: 064057-10-2

Meeting Date: 04/10/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal on simple majority voting

SHLDR

YES

AGNST

FOR

Proposal on cumulative voting

SHLDR

YES

AGNST

FOR

Proposal on an advisory shareholder vote on the compensation of the named executive officers

SHLDR

YES

AGNST

FOR

Issuer: The Bank of New York Company, Inc. (Special Merger Mtg.)

Ticker: BK

CUSIP: 064057-10-2

Meeting Date: 05/24/2007

Proposal to adopt the amended and restated agreement and plan of merger between Mellon Financial Corporation, The Bank of New York Company, Inc. and The Bank of New York Mellon Corporation

MGMT

YES

FOR

FOR

Proposal to approve a provision in the Certificate of Incorporation of Newco requiring the affirmative vote of the holders of at least 75 percent of the outstanding voting shares of Newco for direct shareholder amendment of Article V of the By-Laws

MGMT

YES

FOR

FOR

Proposal to approve the number of authorized shares of Newco Capital stock as set forth in Newco's Certificate of Incorporation

MGMT

YES

FOR

FOR

Issuer: BEA Systems, Inc.

Ticker: BEAS

CUSIP: 733251-02-1

Meeting Date: 7/19/2006

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Approve adoption of Company 2006 Stock Incentive Plan

MGMT

YES

AGNST

AGNST

Approve adoption of Company Senior Executive Bonus Plan

MGMT

YES

FOR

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal regarding stockholder proposal protocol

SHLDR

YES

AGNST

FOR

Proposal regarding repeal of classified Board of Directors

SHLDR

YES

FOR

AGNST

Issuer: BJ's Wholesale Club, Inc.

Ticker: BJ

CUSIP: 05548J-10-6

Meeting Date: 05/24/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Approval of 2007 Stock Incentive Plan

MGMT

YES

AGNST

AGNST

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Bristol-Myers Squibb Company

Ticker: BMY

CUSIP: 110122-10-8

Meeting Date: 05/01/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Approve the Company's 2007 Stock Award and Incentive Plan

MGMT

YES

FOR

FOR

Approve the Company's Senior Executive Performance Incentive Plan

MGMT

YES

FOR

FOR

Proposal on Executive Compensation Disclosure

SHLDR

YES

AGNST

FOR

Proposal on Recoupment

SHLDR

YES

AGNST

FOR

Proposal on Cumulative Voting

SHLDR

YES

AGNST

FOR

Issuer: Bunge Limited

Ticker: BG

CUSIP: G16962-10-5

Meeting Date: 05/25/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Approve the Company's Limited 2007 Non-Employee Directors Equity Incentive Plan

MGMT

YES

FOR

FOR

Issuer: Caremark RX, Inc.

Ticker: CMX

CUSIP: 141705-10-3

Meeting Date: 02/23/2007

To Adopt the Agreement and Plan of Merger by and among CVS Corp., Caremark and Twain MergerSub L.L.C.

MGMT

YES

FOR

FOR

To approve any adjournment or postponement of the Special Meeting, if necessary.

MGMT

YES

FOR

FOR

Issuer: CINTAS Corporation

Ticker: CTAS

CUSIP: 172908-10-5

Meeting Date: 10/10/2006

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

The Chairman of the Board of Directors shall be a Director who is independent from the Corporation.

SHLDR

YES

AGNST

FOR

Request that the Board of Directors initiate the appropriate process to amend the Company's Articles of Incorporation to provide that director nominees shall be elected by the affirmative vote of the majority of votes cast at an annual meeting of shareholders

SHLDR

YES

AGNST

FOR

Issuer: CISCO Systems, Inc.

Ticker: CSCO

CUSIP: 17275R-10-2

Meeting Date: 11/15/2006

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal stating that a significant portion of future equity compensation grants to senior executives shall be shares of stock that require the achievement of performance goals as a prerequisite to vesting

SHLDR

YES

AGNST

FOR

Request that the Board's Compensation Committee initiate a review of the Company's executive compensation policies and to report on that review by January 01, 2007.

SHLDR

YES

AGNST

FOR

Proposal regarding Internet Fragmentation Report

SHLDR

YES

AGNST

FOR

Issuer: Clear Channel Communications, Inc.

Ticker: CCU

CUSIP: 184502-10-2

Meeting Date: 03/21/2007 (Special Meeting)

Proposal to adopt Agreement and Plan of Merger among the Company, BT Triple Crown Merger Co., Inc., B Triple Crown Finco, LLC, and T Triple Crown Finco., LLC.

MGMT

YES

FOR

FOR

Proposal to adjourn the special meeting, if necessary or appropriate.

MGMT

YES

FOR

FOR

Issuer: Clear Channel Communications, Inc.

Ticker: CCU

CUSIP: 184502-10-2

Meeting Date: 05/22/2007 (Annual Meeting)

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal regarding Pay for Superior Performance

SHLDR

YES

AGNST

FOR

Proposal regarding Corporate Political Contributions

SHLDR

YES

AGNST

FOR

Proposal regarding Compensation Committee Independence

SHLDR

YES

AGNST

FOR

Proposal regarding Executive Compensation

SHLDR

YES

AGNST

FOR

Issuer: The Coca-Cola Company

Ticker: KO

CUSIP: 191216-10-0

Meeting Date: 04/18/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Approve the Performance Incentive Plan of the Company

MGMT

YES

FOR

FOR

Proposal regarding Management Compensation

SHLDR

YES

AGNST

FOR

Proposal regarding an Advisory Vote on the Compensation Committee Report

SHLDR

YES

AGNST

FOR

Proposal regarding Chemical and Biological Testing

SHLDR

YES

AGNST

FOR

Proposal regarding Study and Report on Extraction of Water in India

SHLDR

YES

AGNST

FOR

Proposal regarding Restricted Stock

SHLDR

YES

AGNST

FOR

Issuer: Comcast Corporation

Ticker: CMCSA

CUSIP: 20030N101

Meeting Date: 05/23/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Prevent the issuance of new stock options

SHLDR

YES

AGNST

FOR

Require that the Chairman of the Board not be an employee

SHLDR

YES

AGNST

FOR

Require sustainability report

SHLDR

YES

AGNST

FOR

Adopt a recapitalization plan

SHLDR

YES

AGNST

FOR

Require annual vote on executive compensation

SHLDR

YES

AGNST

FOR

Require pay differential report

SHLDR

YES

AGNST

FOR

Require disclosure of political contributions

SHLDR

YES

AGNST

FOR

Issuer: ConocoPhillips

Ticker: COP

CUSIP: 20825C-10-4

Meeting Date: 05/09/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal regarding corporate political contributions

SHLDR

YES

AGNST

FOR

Proposal regarding global warming-renewables

SHLDR

YES

AGNST

FOR

Proposal regarding qualification for director nominees

SHLDR

YES

AGNST

FOR

Proposal regarding drilling in sensitive/protected areas

SHLDR

YES

AGNST

FOR

Report on recognition of indigenous rights

SHLDR

YES

AGNST

FOR

Proposal regarding community accountability

SHLDR

YES

AGNST

FOR

Issuer: Corning Incorporated

Ticker: GLW

CUSIP: 219350-10-5

Meeting Date: 04/26/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal relating to the election of each director annually and to eliminate staggered board

SHLDR

YES

FOR

AGNST

Issuer: Cree, Inc.

Ticker: CREE

CUSIP: 225447-10-1

Meeting Date: 11/03/2006

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Curtiss-Wright Corporation

Ticker: CW

CUSIP: 231561-10-1

Meeting Date: 05/04/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: CVS/Caremark Corporation

Ticker: CVS

CUSIP: 126650-10-0

Meeting Date: 05/09/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal to adopt the Company's 2007 Employee Stock Purchase Plan

MGMT

YES

FOR

FOR

Proposal to adopt the Company's 2007 Incentive Plan

MGMT

YES

FOR

FOR

Proposal regarding limits on CEO compensation

SHLDR

YES

AGNST

FOR

Proposal regarding separation of the roles of Chairman and CEO

SHLDR

YES

AGNST

FOR

Proposal regarding sustainability reporting by the Company

SHLDR

YES

AGNST

FOR

Proposal regarding the relationship between the Company and compensation consultants

SHLDR

YES

AGNST

FOR

Proposal regarding the Company's policy on stock option grants

SHLDR

YES

AGNST

FOR

Issuer: Dean Foods Company

Ticker: DF

CUSIP: 242370-10-4

Meeting Date: 05/18/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Approval of new Equity Incentive Plan

MGMT

YES

AGNST

AGNST

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal regarding separation of the Chief Executive Officer and Chairman of the Board roles

SHLDR

YES

AGNST

FOR

Issuer: DELL Inc.

Ticker: DELL

CUSIP: 24702R-10-1

Meeting Date: 07/21/2006

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal regarding Global Human Rights Standard

SHLDR

YES

AGNST

FOR

Proposal regarding Declaration of Dividend

SHLDR

YES

AGNST

FOR

Issuer: Del Monte Foods Company

Ticker: DLM

CUSIP: 24522P-10-3

Meeting Date: 09/21/2006

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Duke Energy Corporation (Special Meeting)

Ticker: DUK

CUSIP: 264399-10-6

Meeting Date: 10/24/2006

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Approval of Company 2006 Long-Term Incentive Plan

MGMT

YES

AGNST

AGNST

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Duke Energy Corporation (Annual Meeting)

Ticker: DUK

CUSIP: 264399-10-6

Meeting Date: 05/10/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: E. I. du Pont de Nemours and Company

Ticker: DD

CUSIP: 263534-10-9

Meeting Date: 04/25/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal on Dupont Equity and Incentive Plan

SHLDR

YES

AGNST

AGNST

Proposal regarding genetically modified food

SHLDR

YES

AGNST

FOR

Proposal regarding plant closure

SHLDR

YES

AGNST

FOR

Proposal regarding report on PFOA

SHLDR

YES

AGNST

FOR

Proposal regarding costs

SHLDR

YES

AGNST

FOR

Proposal regarding global warming

SHLDR

YES

AGNST

FOR

Proposal regarding chemical facility security

SHLDR

YES

AGNST

FOR

Issuer: Emerson Electric Company

Ticker: EMR

CUSIP: 291011-10-4

Meeting Date: 02/06/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: ENSCO International Incorporated

Ticker: ESV

CUSIP: 26874Q-10-0

Meeting Date: 05/22/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Essex Corporation

Ticker: KEYW

CUSIP: 296744-10-5

Meeting Date: 01/10/2007

Proposal to approve the Agreement and Plan of Merger between Northrop Grumman Space & Mission Systems Corp., Eagle Transaction Corporation (MergerCo) and Essex Corporation

MGMT

YES

FOR

FOR

Proposal to authorize the proxy holders to vote to adjourn or postpone the special meeting, if necessary.

MGMT

YES

FOR

FOR

Issuer: Exxon Mobil Corporation

Ticker: XOM

CUSIP: 30231G-10-2

Meeting Date: 05/30/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal regarding Cumulative Voting

SHLDR

YES

AGNST

FOR

Proposal regarding Special Shareholder meetings

SHLDR

YES

AGNST

FOR

Proposal regarding Board Chairman and CEO

SHLDR

YES

AGNST

FOR

Proposal regarding Dividend Strategy

SHLDR

YES

AGNST

FOR

Proposal regarding Shareholder advisory vote on executive compensation

SHLDR

YES

AGNST

FOR

Proposal regarding CEO compensation decisions

SHLDR

YES

AGNST

FOR

Proposal regarding Executive compensation report

SHLDR

YES

AGNST

FOR

Proposal regarding Executive compensation limit

SHLDR

YES

AGNST

FOR

Proposal regarding Incentive pay recoupment

SHLDR

YES

AGNST

FOR

Proposal regarding Political contributions report

SHLDR

YES

AGNST

FOR

Proposal regarding Amendment of EEO policy

SHLDR

YES

AGNST

FOR

Proposal regarding Community environmental impact

SHLDR

YES

AGNST

FOR

Proposal regarding Greenhouse gas emissions goals

SHLDR

YES

AGNST

FOR

Proposal regarding CO2 Information at the pump

SHLDR

YES

AGNST

FOR

Proposal regarding renewable energy investment levels

SHLDR

YES

AGNST

FOR

Issuer: Fifth Third Bancorp

Ticker: FITB

CUSIP: 316773-10-0

Meeting Date: 04/17/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Proposal to amend Article VII of the Code of Regulations, as amended, to provide for the issuance of uncertificated shares.

MGMT

YES

FOR

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Florida Rock Industries, Inc.

Ticker: FRK

CUSIP: 341140-10-1

Meeting Date: 02/07/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Gannett Co., Inc.

Ticker: GCI

CUSIP: 364730-10-1

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal to amend the Company's Second Restated Certificate of Incorporation and By-Laws to declassify the Board of Directors

MGMT

YES

FOR

FOR

Proposal concerning independent board chairman

SHLDR

YES

AGNST

FOR

Issuer: Genentech, Inc.

Ticker: DNA

CUSIP: 368710-40-6

Meeting Date: 04/20/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: General Electric Company

Ticker: GE

CUSIP: 369604-10-3

Meeting Date: 04/25/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Adoption of majority voting for directors

MGMT

YES

FOR

FOR

Approval of 2007 Long Term Incentive Plan

MGMT

YES

AGNST

AGNST

Approval of material terms of senior officer performance goals

MGMT

YES

FOR

FOR

Proposal regarding cumulative voting

SHLDR

YES

AGNST

FOR

Proposal to curb over-extended directors

SHLDR

YES

AGNST

FOR

Proposal regarding one director from the ranks of retirees

SHLDR

YES

AGNST

FOR

Proposal regarding independent board chairman

SHLDR

YES

AGNST

FOR

Proposal regarding elimination of dividend equivalents

SHLDR

YES

AGNST

FOR

Proposal regarding report on charitable contributions

SHLDR

YES

AGNST

FOR

Proposal regarding global warming report

SHLDR

YES

AGNST

FOR

Proposal regarding ethical criteria for military contracts

SHLDR

YES

AGNST

FOR

Proposal regarding report on pay differential

SHLDR

YES

AGNST

FOR

Issuer: Harley-Davidson, Inc.

Ticker: HOG

CUSIP: 412822-10-8

Meeting Date: 04/28/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Illinois Tool Works Inc.

Ticker: ITW

CUSIP: 452308-10-9

Meeting Date: 05/04/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Intel Corporation

Ticker: INTC

CUSIP: 458140-10-0

Meeting Date: 05/16/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Amendment and extension of the 2006 Equity Incentive Plan

MGMT

YES

AGNST

AGNST

Approval of the 2007 Executive Officer Incentive Plan

MGMT

YES

FOR

FOR

Proposal requesting limitation on Executive Compensation

SHLDR

YES

AGNST

FOR

Issuer: Investors Financial Services Corp.

Ticker: IFIN

CUSIP: 461915-10-0

Meeting Date: 06/20/2007

Proposal to adopt the merger agreement for the merger of Investors Financial Services Corp. with State Street Corporation

MGMT

YES

FOR

FOR

Issuer: Johnson & Johnson

Ticker: JNJ

CUSIP: 478160-10-4

Meeting Date: 04/26/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal on majority voting requirements for Director Nominees

SHLDR

YES

AGNST

FOR

Proposal on supplemental retirement plan

SHLDR

YES

AGNST

FOR

Issuer: Lucent Technologies Inc. (Special Mtg.)

Ticker: LU

CUSIP: 549463-10-7

Meeting Date: 09/07/2006

Proposal regarding the Agreement and Plan of Merger, by and among Lucent, Alcatel and Aura Merger Sub, Inc.

MGMT

YES

FOR

FOR

Issuer: Marathon Oil Corporation

Ticker: MRO

CUSIP: 565849-10-6

Meeting Date: 04/25/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Approval of 2007 Incentive Compensation Plan

MGMT

YES

AGNST

AGNST

Board proposal to amend the restated certificate of incorporation and By-laws to eliminate the Supermajority vote provision

MGMT

YES

FOR

FOR

Board proposal to amend the restated certificate of incorporation to increase the number of authorized shares of common stock

MGMT

YES

FOR

FOR

Issuer: Martin Marietta Materials, Inc.

Ticker: MLM

CUSIP: 573284-10-6

Meeting Date: 05/22/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: MASCO Corporation

Ticker: MAS

CUSIP: 574599-10-6

Meeting Date: 05/08/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: 3M Company

Ticker: MMM

CUSIP: 885794-10-1

Meeting Date: 05/08/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Amendment of the Company's restated certificate of incorporation to eliminate the supermajority vote requirements

MGMT

YES

FOR

FOR

Amendment of the Company's restated certificate of incorporation to eliminate the Fair Price Provision

MGMT

YES

FOR

FOR

Approval of the executive annual incentive plan

MGMT

YES

FOR

FOR

Approval of the material terms of the performance criteria under the performance unit plan

MGMT

YES

FOR

FOR

Proposal regarding executive compensation based on the performance of peer companies

SHLDR

YES

AGNST

FOR

Issuer: MDU Resources Group, Inc.

Ticker: MDU

CUSIP: 552690-10-9

Meeting Date: 04/24/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Proposal to increase authorized shares of common stock

MGMT

YES

FOR

FOR

Proposal to declassify board of directors

MGMT

YES

FOR

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal requesting a sustainability report

SHLDR

YES

AGNST

FOR

Issuer: Medtronic, Inc.

Ticker: MDT

CUSIP: 585055-10-6

Meeting Date: 08/24/2006

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Director Election Majority Vote Standard Proposal

SHLDR

YES

AGNST

FOR

Issuer: Microsoft Corporation

Ticker: MSFT

CUSIP: 594918-10-4

Meeting Date: 11/14/2006

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal regarding restriction on selling products and services to foreign governments

SHLDR

YES

AGNST

FOR

Proposal regarding sexual orientation in Equal Employment Opportunity Policy

SHLDR

YES

AGNST

FOR

Proposal regarding hiring of proxy advisor

SHLDR

YES

AGNST

FOR

Issuer: Morgan Stanley

Ticker: MS

CUSIP: 617446-44-8

Meeting Date: 04/10/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Approve the 2007 Equity Incentive Compensation Plan

MGMT

YES

AGNST

AGNST

Proposal regarding simple majority vote

SHLDR

YES

AGNST

FOR

Proposal regarding executive compensation advisory vote

SHLDR

YES

AGNST

FOR

Issuer: Murphy Oil Corporation

Ticker: MUR

CUSIP: 626717-10-2

Meeting Date: 05/09/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Approve the proposed 2007 Long-Term Incentive Plan

MGMT

YES

FOR

FOR

Approve the proposed 2007 Annual Incentive Plan

MGMT

YES

FOR

FOR

Approve the proposed amendments to the employee stock purchase plan

MGMT

YES

FOR

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Newell Rubbermaid Inc.

Ticker: NWL

CUSIP: 651229-10-6

Meeting Date: 05/08/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal to adopt simple majority vote

SHLDR

YES

AGNST

FOR

Proposal to adopt director election majority vote standard

SHLDR

YES

AGNST

FOR

Issuer: Oracle Corporation

Ticker: ORCL

CUSIP: 68389X-10-5

Meeting Date: 10/09/2006

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Approve adoption of Fiscal Year 2007 Executive Bonus Plan

MGMT

YES

FOR

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Approve Amended and Restated 1993 Directors' Stock Plan

MGMT

YES

FOR

FOR

Issuer: OSI Restaurant Partners Inc.

Ticker: OSI

CUSIP: 67104A-10-1

Meeting Date: 06/05/2007

Adoption of the agreement and plan of merger among OSI Restaurant Partners, Inc., Kangaroo Holdings, Inc. and Kangaroo Acquisition, Inc.

MGMT

YES

FOR

FOR

Issuer: Pepsico, Inc.

Ticker: PEP

CUSIP: 713448-10-8

Meeting Date: 05/02/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Approval of 2007 Long Term Incentive Plan

MGMT

YES

FOR

FOR

Proposal regarding Charitable Contributions

SHLDR

YES

AGNST

FOR

Issuer: Petroleum & Resources Corporation (Special Meeting)

Ticker: PEO

CUSIP: 716549-10-0

Meeting Date: 11/07/2006

Proposal relating to the purpose of the Corporation

MGMT

YES

FOR

FOR

Proposal relating to the classification, designation and issuance of stock and related provisions

MGMT

YES

FOR

FOR

Proposal relating to stockholder voting

MGMT

YES

FOR

FOR

Proposal relating to stockholder election of directors

MGMT

YES

FOR

FOR

Proposal relating to the power to amend our By-laws

MGMT

YES

FOR

FOR

Proposal relating to the quorum for stockholder meetings

MGMT

YES

FOR

FOR

Proposal relating to determinations by our Board

MGMT

YES

FOR

FOR

Proposal relating to the amendment of certain other provisions of our Charter

MGMT

YES

FOR

FOR

Issuer: Petroleum & Resources Corporation (Annual Meeting)

Ticker: PEO

CUSIP: 716549-10-0

Meeting Date: 03/27/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Pfizer Inc.

Ticker: PFE

CUSIP: 717081-10-3

Meeting Date: 04/26/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal relating to Cumulative Voting

SHLDR

YES

AGNST

FOR

Proposal requesting a report on the rationale for exporting animal experimentation

SHLDR

YES

AGNST

FOR

Proposal requesting a report on the feasibility of amending Pfizer's corporate policy on laboratory animal care and use

SHLDR

YES

AGNST

FOR

Proposal relating to qualifications for director nominees

SHLDR

YES

AGNST

FOR

Issuer: The PNC Financial Services Group, Inc.

Ticker: PNC

CUSIP: 693475-10-5

Meeting Date: 04/24/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Approval of Company's Executive Incentive Award Plan

MGMT

YES

FOR

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: The Procter & Gamble Company

Ticker: PG

CUSIP: 742718-10-9

Meeting Date: 10/10/2006

Proposal to amend Company's Code of Regulations to decrease the authorized number of Directors on the Board

MGMT

YES

FOR

FOR

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal to reapprove and amend the material terms of the performance criteria under The Procter & Gamble 2001 Stock and Incentive Compensation Plan

MGMT

YES

FOR

FOR

Proposal that the Board of Directors take the necessary steps so that no future new stock options are awarded to anyone, nor that any current stock options are repriced or renewed

SHLDR

YES

AGNST

FOR

Issuer: Prosperity Bancshares, Inc.

Ticker: PRSP

CUSIP: 743606-10-5

Meeting Date: 12/13/2006

To approve the Agreement and Plan of Reorganization between Prosperity Bancshares, Inc. and Texas United Bancshares, Inc., for Texas United merger with Prosperity

MGMT

YES

FOR

FOR

Issuer: Prosperity Bancshares, Inc.

Ticker: PRSP

CUSIP: 743606-10-5

Meeting Date: 04/17/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Rohm and Haas Company

Ticker: ROH

CUSIP: 775371-10-7

Meeting Date: 05/07/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: The Ryland Group, Inc.

Ticker: RYL

CUSIP: 783764-10-3

Meeting Date: 04/25/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Approve the Company 2007 Equity Incentive Plan

MGMT

YES

AGNST

AGNST

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Safeway Inc.

Ticker: SWY

CUSIP: 786514-20-8

Meeting Date: 05/16/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Proposal to approve the Company 2007 Equity and Incentive Award Plan

MGMT

YES

AGNST

AGNST

Proposal to approve the Amended and Restated Capital Performance Bonus Plan for Executive Officers and Key Employees of Company

MGMT

YES

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal requesting cumulative voting

SHLDR

YES

AGNST

FOR

Proposal requesting that an independent director serve as Chairman of the Board

SHLDR

YES

AGNST

FOR

Proposal requesting the labeling of products of cloning or genetic engineering

SHLDR

YES

AGNST

FOR

Proposal requesting that the Company issue a sustainability report

SHLDR

YES

AGNST

FOR

Proposal requesting that the Company issue a report on "controlled-atmosphere killing."

SHLDR

YES

AGNST

FOR

Issuer: Schlumberger Limited

Ticker: SLB

CUSIP: 806857-10-8

Meeting Date: 04/11/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Financial Statements

MGMT

YES

FOR

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Solectron Corporation

Ticker: 834182-10-7

CUSIP: SLR

Meeting Date: 01/10/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Target Corporation

Ticker: TGT

CUSIP: 87612E-10-6

Meeting Date: 05/24/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal to approve the Officer Short-Term Incentive Plan

MGMT

YES

FOR

FOR

Proposal to approve an amendment to the restated Articles of Incorporation to require a majority vote for the election of directors

MGMT

YES

FOR

FOR

Proposal regarding additional disclosure of political contributions

SHLDR

YES

AGNST

FOR

TEVA Pharmaceutical Industries Limited

Ticker: TEVA

CUSIP: 881624-20-9

Meeting Date: 07/17/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Receive and discuss Company's consolidated balance sheet

MGMT

YES

FOR

FOR

Approve the Board of Directors' recommendation that the cash dividend for the year ended December 31, 2006 be declared final

MGMT

YES

FOR

FOR

Approve purchase of directors' and officers' liability insurance for the directors and officers

MGMT

YES

FOR

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: Unilever PLC

Ticker: UL

CUSIP: 904767-70-4

Meeting Date: 05/16/2007

Proposal to receive the report and accounts for the year ended 31 December 2006

MGMT

YES

FOR

FOR

Proposal to approve the Directors Remuneration Report for the year ended 31 December 2006

MGMT

YES

FOR

FOR

Proposal to declare a dividend on the ordinary shares

MGMT

YES

FOR

FOR

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal to authorize the Directors to fix the remuneration of the Auditors

MGMT

YES

FOR

FOR

Proposal to renew the authority to Directors to issue shares

MGMT

YES

FOR

FOR

Proposal to renew the authority to Directors to disapply pre-emption rights.

MGMT

YES

FOR

FOR

Proposal to renew the authority to the Company to purchase its own shares

MGMT

YES

FOR

FOR

Proposal to amend the Articles of Association in relation to e-communications and voting rights.

MGMT

YES

FOR

FOR

Proposal to amend the Articles of Association in relation to Directors' remuneration

MGMT

YES

FOR

FOR

Proposal to approve the Unilever Global Share Incentive Plan 2007

MGMT

YES

AGNST

AGNST

Issuer: United Parcel Service, Inc.

Ticker: UPS

CUSIP: 911312-10-6

Meeting Date: 05/10/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Issuer: United Technologies Corporation

Ticker: UTX

CUSIP: 913017-10-9

Meeting Date: 04/11/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal Concerning Director Term Limits

SHLDR

YES

AGNST

FOR

Proposal Concerning Foreign Military Sales

SHLDR

YES

AGNST

FOR

Proposal Concerning Political Contributions

SHLDR

YES

AGNST

FOR

Proposal Concerning Advisory Resolution to Ratify Executive Compensation

SHLDR

YES

AGNST

FOR

Proposal Concerning Pay-For-Superior-Performance

SHLDR

YES

AGNST

FOR

Issuer: Wachovia Corporation (Special Meeting - Merger)

Ticker: WB

CUSIP: 929903-10-2

Meeting Date: 8/31/2006

Approve issuance of shares of Wachovia common stock for the proposed merger with Golden West Financial Corporation

MGMT

YES

FOR

FOR

Approve Amended and Restated Wachovia Corporation 2003 Stock Incentive Plan

MGMT

YES

AGNST

AGNST

Issuer: Wachovia Corporation (Annual Meeting)

Ticker: WB

CUSIP: 929903-10-2

Meeting Date: 04/17/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Proposal to amend Company's Articles of Incorporation to eliminate the provisions classifying the terms of the board of directors

MGMT

YES

FOR

FOR

Proposal to amend Company's Articles of Incorporation to provide for majority voting in uncontested director elections

MGMT

YES

FOR

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal regarding non-binding stockholder vote ratifying executive compensation

SHLDR

YES

AGNST

FOR

Proposal regarding qualifications of director nominees

SHLDR

YES

AGNST

FOR

Proposal regarding reporting political contributions

SHLDR

YES

AGNST

FOR

Proposal regarding separating the offices of Chairman and Chief Executive Officer

SHLDR

YES

AGNST

FOR

Issuer: Wells Fargo & Company

Ticker: WFC

CUSIP: 949746-10-1

Meeting Date: 04/24/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal regarding separation of Board Chairman and CEO positions

SHLDR

YES

AGNST

FOR

Proposal regarding an advisory vote on executive compensation

SHLDR

YES

AGNST

FOR

Proposal regarding adoption of a policy limiting benefits under our supplemental executive retirement plan

SHLDR

YES

AGNST

FOR

Proposal regarding a report on Home Mortgage Disclosure Act (HMDA) data

SHLDR

YES

AGNST

FOR

Proposal regarding emission reduction goals for Wells Fargo and its customers

SHLDR

YES

AGNST

FOR

Issuer: Wilmington Trust Corporation

Ticker: WL

CUSIP: 971807-10-2

Meeting Date: 04/19/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Issuer: Windstream Corporation

Ticker: WIN

CUSIP: 97381W-10-4

Meeting Date: 05/09/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Approve Company performance incentive compensation plan

MGMT

YES

FOR

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Proposal regarding required equity awards to be held

SHLDR

YES

AGNST

FOR

Issuer: Wyeth

Ticker: WYE

CUSIP: 983024-10-0

Meeting Date: 04/26/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Approve amendments to our restated certificate of incorporation to eliminate supermajority vote requirements

MGMT

YES

FOR

FOR

Amend and restate the Wyeth 2005 Stock Incentive Plan for tax compliance

MGMT

YES

FOR

FOR

Proposal regarding disclosure of Wyeth's animal welfare policy

SHLDR

YES

AGNST

FOR

Proposal regarding the preparation of a report on limiting the supply of prescription drugs in Canada

SHLDR

YES

AGNST

FOR

Proposal regarding the disclosure of political contributions

SHLDR

YES

AGNST

FOR

Proposal regarding the recoupment of incentive bonuses

SHLDR

YES

AGNST

FOR

Proposal regarding interlocking directorships

SHLDR

YES

AGNST

FOR

Proposal regarding the disclosure of certain relationships (Proposal withdrawn - no vote required)

SHLDR

NO

N/A

N/A

Proposal regarding separating the roles of Chairman and CEO

SHLDR

YES

AGNST

FOR

Proposal regarding adoption of a stockholder advisory vote on compensation

SHLDR

YES

AGNST

FOR

Issuer: Zimmer Holdings, Inc.

Ticker: ZMH

CUSIP: 98956P-10-2

Meeting Date: 05/07/2007

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of appt. of Ind. Auditors

MGMT

YES

FOR

FOR

Amendment of restated certificate of incorporation to require annual election of all directors

MGMT

YES

FOR

FOR

Proposal to adopt simple majority vote

SHLDR

YES

AGNST

FOR

 

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.

 

THE ADAMS EXPRESS COMPANY
-------------------------------------------------------------------------

(Registrant)

 

BY:

/s/ Douglas G. Ober
 

---------------------------------------------------
 

Douglas G. Ober
 

Chief Executive Officer
 

(Principal Executive Officer)
   

DATE:

July 13, 2007