Abel, Baker and Charlie form a corporation and buy a computer store. Each invest $500,000 in the corporation and own 500 shares of stock. Each is on the Board of Directors and each is an officer of the corporation. There are no other Shareholders, Directors or Officers. Charlie is the Chief Financial Officer but has become an alcoholic and is not coming to work and taking care of his responsibilities. Abel, as Corporate President calls a shareholder meeting for the purpose of electing new directors. Notices are sent by mail to Baker and Charlie. Baker receives his notice. Charlie does not receive the notice because he is in rehabilitation and has no access to his mail. Abel and Baker both know this. Abel and Baker hold the shareholder meeting while Charlie is in rehabilitation. Abel and Baker elect themselves and their friend Doug as Directors.

Argue whether this is a valid act by Abel and Baker.