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Georgia-based Southeastern Banking wants board with maximum size of 11

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Georgia-based Southeastern Banking wants board with maximum size of 11

Darien, Ga.-based SoutheasternBanking Corp. is seeking shareholder approval on a proposal to set themaximum size of the board at 11, according to proxy materials recently obtainedby S&P Global Market Intelligence.

Five seats would remain vacant until the elected board fillsone or more of such vacancies.

Shareholders of record as of April 7 are entitled to vote atthe annual meeting to be held May 19.