On March 28, 2013, Teletouch Communications Inc. announced that on March 22, 2013, it received a written communication on behalf of Stratford Capital Partners, L.P. and Retail & Restaurant Growth Capital, L.P. submitting written consents of certain shareholders of the Company relating to the following proposals: (1) repeal any provision of the Company's by laws in effect at the time this proposal becomes effective, (2) remove without cause 5 members of the Company's Board of Directors Clifford E. McFarland, Henry Y. L. Toh, Marshall G. Webb, Terry K. Dorsey, and Ronald L. Latta, Jr, (3) amend the Company's bylaws to provide that any vacancies on the Board resulting from the removal of directors by the stockholders of the Company shall be filled exclusively by the stockholders of the Company, and (4) elect Joseph L. Harberg, Raymond C. Hemmig, Scott M. Kleberg, David W. Knickel, and Charles Daniel Yost to serve as directors of the Company. Further, Teletouch Communications stated that according to the consent of shareholders the actions were undertaken and of the Company's certificate of incorporation that the entire Board may be removed with or without cause by the vote of the holders of not less than two thirds of the shares of the Company's outstanding common stock entitled to vote in an election of directors.