UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-10531

Nicholas Family of Funds, Inc.
-------------------------------------------------------------------------
  (Exact name of registrant as specified in charter)

700 North Water Street
Milwaukee, Wisconsin 53202
-------------------------------------------------------------------------
  (Address of principle executive offices)

Jeffrey T. May, Senior Vice President & Treasurer
700 North Water Street
Milwaukee, Wisconsin 53202
-------------------------------------------------------------------------
  (Name and address of agent for service)
Registrant's telephone number, including area code: 414-272-4650

Date of Fiscal year-end: 12/31/2009

Date of reporting period: 07/01/2008 - 06/30/2009

Item 1. Proxy Voting Record

Account Name: Nicholas Liberty Fund

 

CARDINAL HEALTH, INC.                                                           
Ticker:       CAH            Security ID:  14149Y108                            
Meeting Date: NOV 5, 2008    Meeting Type: Annual                               
Record Date:  SEP 8, 2008                                                       
#     Proposal                                Mgt Rec   Vote Cast    Sponsor    
1.1   Elect Director Colleen F. Arnold        For       For          Management 
1.2   Elect Director R. Kerry Clark           For       For          Management 
1.3   Elect Director Calvin Darden            For       For          Management 
1.4   Elect Director John F. Finn             For       For          Management 
1.5   Elect Director Philip L. Francis        For       For          Management 
1.6   Elect Director Gregory B. Kenny         For       For          Management 
1.7   Elect Director J. Michael Losh          For       For          Management 
1.8   Elect Director John B. McCoy            For       For          Management 
1.9   Elect Director Richard C. Notebaert     For       For          Management 
1.10  Elect Director Michael D. O'Halleran    For       For          Management 
1.11  Elect Director David W. Raisbeck        For       For          Management 
1.12  Elect Director Jean G. Spaulding        For       For          Management 
2     Ratify Auditors                         For       For          Management 
3     Adopt Majority Voting for Uncontested   For       For          Management 
      Election of Directors                                                     
4     Eliminate Cumulative Voting             For       For          Management 
5     Require Advance Notice for Shareholder  For       For          Management 
      Proposals/Nominations                                                     
6     Amend Articles of Incorporation to      For       For          Management 
      State that Common Shares Have No Stated                                   
      Capital                                                                   
7     Amend Omnibus Stock Plan                For       For          Management 
8     Amend Qualified Employee Stock Purchase For       For          Management 
      Plan                                                                      
9     Performance-Based and/or Time-Based     Against   For          Shareholder
      Equity Awards                                                             
--------------------------------------------------------------------------------
HEWITT ASSOCIATES, INC.                                                         
Ticker:       HEW            Security ID:  42822Q100                            
Meeting Date: FEB 4, 2009    Meeting Type: Annual                               
Record Date:  DEC 8, 2008                                                       
#     Proposal                                Mgt Rec   Vote Cast    Sponsor    
1.1   Elect Director William J. Conaty        For       For          Management 
1.2   Elect Director Michele M. Hunt          For       For          Management 
1.3   Elect Director Cary D. McMillan         For       For          Management 
2     Ratify Auditors                         For       For          Management 
--------------------------------------------------------------------------------
HEWLETT-PACKARD COMPANY                                                         
Ticker:       HPQ            Security ID:  428236103                            
Meeting Date: MAR 18, 2009   Meeting Type: Annual                               
Record Date:  JAN 20, 2009                                                      
#     Proposal                                Mgt Rec   Vote Cast    Sponsor    
1     Elect Director Lawrence T. Babbio, Jr.  For       For          Management 
2     Elect Director Sari M. Baldauf          For       For          Management 
3     Elect Director Rajiv L. Gupta           For       For          Management 
4     Elect Director John H. Hammergren       For       For          Management 
5     Elect Director Mark V. Hurd             For       For          Management 
6     Elect Director Joel Z. Hyatt            For       For          Management 
7     Elect Director John R. Joyce            For       For          Management 
8     Elect Director Robert L. Ryan           For       For          Management 
9     Elect Director Lucille S. Salhany       For       For          Management 
10    Elect Director G. Kennedy Thompson      For       For          Management 
11    Ratify Auditors                         For       For          Management 
--------------------------------------------------------------------------------
IAC/INTERACTIVECORP.                                                            
Ticker:       IACI           Security ID:  44919P300                            
Meeting Date: AUG 1, 2008    Meeting Type: Annual                               
Record Date:  JUN 17, 2008                                                      
#     Proposal                                Mgt Rec   Vote Cast    Sponsor    
1.1   Elect Director Edgar Bronfman, Jr.      For       Withhold     Management 
1.2   Elect Director Barry Diller             For       Withhold     Management 
1.3   Elect Director Victor A. Kaufman        For       Withhold     Management 
1.4   Elect Director Donald R. Keough         For       For          Management 
1.5   Elect Director Bryan Lourd              For       For          Management 
1.6   Elect Director John C. Malone           For       Withhold     Management 
1.7   Elect Director Arthur C. Martinez       For       For          Management 
1.8   Elect Director Steven Rattner           For       For          Management 
1.9   Elect Director Alan G. Spoon            For       For          Management 
1.10  Elect Director Diane Von Furstenberg    For       Withhold     Management 
1.11  Elect Director Michael P. Zeisser       For       Withhold     Management 
2     Approve Merger Agreement                For       Against      Management 
3     Approve Reverse Stock Split             For       Against      Management 
4     Approve Omnibus Stock Plan              For       Against      Management 
5     Ratify Auditors                         For       For          Management 
--------------------------------------------------------------------------------
MANPOWER INC.                                                                   
Ticker:       MAN            Security ID:  56418H100                            
Meeting Date: APR 28, 2009   Meeting Type: Annual                               
Record Date:  FEB 17, 2009                                                      
#     Proposal                                Mgt Rec   Vote Cast    Sponsor    
1.1   Elect Director Jeffrey A. Joerres       For       For          Management 
1.2   Elect Director John R. Walter           For       For          Management 
1.3   Elect Director Marc J. Bolland          For       For          Management 
1.4   Elect Director Ulice Payne, Jr.         For       For          Management 
2     Elect Director Roberto Mendoza          For       For          Management 
3     Ratify Auditors                         For       For          Management 
4     Amend Omnibus Stock Plan                For       For          Management 
5     Implement MacBride Principles           Against   Against      Shareholder
6     Other Business                          For       Against      Management 
--------------------------------------------------------------------------------
MICROSOFT CORP.                                                                 
Ticker:       MSFT           Security ID:  594918104                            
Meeting Date: NOV 19, 2008   Meeting Type: Annual                               
Record Date:  SEP 5, 2008                                                       
#     Proposal                                Mgt Rec   Vote Cast    Sponsor    
1     Elect Director Steven A. Ballmer        For       For          Management 
2     Elect Director James I. Cash, Jr.       For       For          Management 
3     Elect Director Dina Dublon              For       For          Management 
4     Elect Director William H. Gates, III    For       For          Management 
5     Elect Director Raymond V. Gilmartin     For       For          Management 
6     Elect Director Reed Hastings            For       For          Management 
7     Elect Director David F. Marquardt       For       For          Management 
8     Elect Director Charles H. Noski         For       For          Management 
9     Elect Director Helmut Panke             For       For          Management 
10    Approve Executive Incentive Bonus Plan  For       For          Management 
11    Amend Non-Employee Director Omnibus     For       For          Management 
      Stock Plan                                                                
12    Ratify Auditors                         For       For          Management 
13    Adopt Policies to Protect Freedom of    Against   Against      Shareholder
      Access to the Internet                                                    
14    Amend Bylaws to Establish a Board       Against   Against      Shareholder
      Committee on Human Rights                                                 
15    Report on Charitable Contributions      Against   Against      Shareholder
--------------------------------------------------------------------------------
OSHKOSH CORP.                                                                   
Ticker:       OSK            Security ID:  688239201                            
Meeting Date: FEB 3, 2009    Meeting Type: Annual                               
Record Date:  DEC 9, 2008                                                       
#     Proposal                                Mgt Rec   Vote Cast    Sponsor    
1.1   Elect Director J. William Andersen      For       For          Management 
1.2   Elect Director Robert G. Bohn           For       For          Management 
1.3   Elect Director Richard M. Donnelly      For       For          Management 
1.4   Elect Director F.M. Franks, Jr.         For       For          Management 
1.5   Elect Director Michael W. Grebe         For       For          Management 
1.6   Elect Director Kathleen J. Hempel       For       For          Management 
1.7   Elect Director Harvey N. Medvin         For       For          Management 
1.8   Elect Director J. Peter Mosling, Jr.    For       For          Management 
1.9   Elect Director Craig P. Omtvedt         For       For          Management 
1.10  Elect Director Timothy J. Roemer        For       For          Management 
1.11  Elect Director Richard G. Sim           For       For          Management 
1.12  Elect Director Charles L. Szews         For       For          Management 
2     Approve Omnibus Stock Plan              For       For          Management 
3     Ratify Auditors                         For       For          Management 
4     Reincorporate in Another State from     Against   Against      Shareholder
      Wisconsin to North Dakota                                                 
--------------------------------------------------------------------------------
PHILADELPHIA CONSOLIDATED HOLDING CORP.                                         
Ticker:       PHLY           Security ID:  717528103                            
Meeting Date: OCT 23, 2008   Meeting Type: Special                              
Record Date:  SEP 25, 2008                                                      
#     Proposal                                Mgt Rec   Vote Cast    Sponsor    
1     Approve Merger Agreement                For       For          Management 
2     Adjourn Meeting                         For       For          Management 
--------------------------------------------------------------------------------
SCANSOURCE, INC.                                                                
Ticker:       SCSC           Security ID:  806037107                            
Meeting Date: DEC 4, 2008    Meeting Type: Annual                               
Record Date:  OCT 15, 2008                                                      
#     Proposal                                Mgt Rec   Vote Cast    Sponsor    
1.1   Elect Director Michael L. Baur          For       Withhold     Management 
1.2   Elect Director Steven R. Fischer        For       For          Management 
1.3   Elect Director James G. Foody           For       For          Management 
1.4   Elect Director Michael J. Grainger      For       For          Management 
1.5   Elect Director John P. Reilly           For       For          Management 
2     Ratify Auditors                         For       For          Management 
--------------------------------------------------------------------------------
TEVA PHARMACEUTICAL INDUSTRIES LTD.                                             
Ticker:       TEVA           Security ID:  881624209                            
Meeting Date: SEP 25, 2008   Meeting Type: Special                              
Record Date:  AUG 18, 2008                                                      
#     Proposal                                Mgt Rec   Vote Cast    Sponsor    
1     Elect Joseph (Yosi) Nitzani as External For       For          Management 
      Director                                                                  
--------------------------------------------------------------------------------
TRAVELERS COMPANIES, INC., THE                                                  
Ticker:       TRV            Security ID:  89417E109                            
Meeting Date: MAY 5, 2009    Meeting Type: Annual                               
Record Date:  MAR 6, 2009                                                       
#     Proposal                                Mgt Rec   Vote Cast    Sponsor    
1.1   Elect Director Alan L. Beller           For       For          Management 
1.2   Elect Director John H. Dasburg          For       For          Management 
1.3   Elect Director Janet M. Dolan           For       For          Management 
1.4   Elect Director Kenneth M. Duberstein    For       For          Management 
1.5   Elect Director Jay S. Fishman           For       For          Management 
1.6   Elect Director Lawrence G. Graev        For       For          Management 
1.7   Elect Director Patricia L. Higgins      For       For          Management 
1.8   Elect Director Thomas R. Hodgson        For       For          Management 
1.9   Elect Director Cleve L. Killingsworth,  For       For          Management 
      Jr.                                                                       
1.10  Elect Director Robert I. Lipp           For       For          Management 
1.11  Elect Director Blythe J. McGarvie       For       For          Management 
1.12  Elect Director Laurie J. Thomsen        For       For          Management 
2     Ratify Auditors                         For       For          Management 
3     Amend Omnibus Stock Plan                For       For          Management 
4     Report on Political Contributions       Against   For          Shareholder

 


--------------------------------------------------------------------------------


 

Any ballot marked 'Abstain' is considered to have been voted. Ballots marked 'Abstain' are considered to have been voted against management's recommendation, regardless of whether the recommendation is 'For' or 'Against,' except where management has made no recommendation or has recommended that shareholders 'Abstain.'

Where management has recommended that shareholders 'Abstain' from voting on a ballot item: 1) a ballot market 'Abstain' is considered to have been voted for management's recommendation to 'Abstain' and 2) a ballot voted 'For" or 'Against' is considered to have been voted against management's recommendation to 'Abstain.'

Where management has made no recommendation on a ballot item, the abbreviation "N/A" is used to denote that there is no applicable recommendation compared to which a vote may be 'For' or 'Against' the recommendation of management.


 

SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


(Registrant) Nicholas Family of Funds, Inc.
By (Signature and Title) /s/ David O. Nicholas
David O. Nicholas, Principal Executive Officer
Date 08/28/2009