The Texas franchise tax is a privilege tax imposed on each taxable entity formed or organized in Texas or doing business in Texas. A form of notice and agenda for an annual meeting of the shareholders of a Texas corporation.If the founders have not purchased an official corporate seal, delete the foregoing. We are providing this circular and proxy materials to you in connection with our annual meeting of shareholders to be held on Wednesday, June 3, 2020. Most states require that S corporations keep meeting minutes. Here's what you need to know about minutes, why you should keep them, and how they should be kept. Some corporations must hold annual meetings and draft annual meeting minutes for satisfying their business compliance responsibilities. Enter the name and address of each shareholder or former shareholder required to consent to the election.