The annual shareholders meeting and the annual board of directors meeting must take place at the time stated in the corporation's bylaws. Qualifications of Directors.A director must be a shareholder of the Company and reside in the service district. The Riverside Company (Riverside), a global private investor focused on the smaller end of the middle market, has partnered with Ownership Works. Starting a business involves planning, making key financial decisions and completing a series of legal activities. This community chapel was created in order to give families an alternative to the corporate owned chapels in the vicinity.