Shareholders of thrifts in the New York City area last week defeated efforts by an activist investor to force sales.

Proposals introduced by Thomas Kahn, president of the investment manager Kahn Bros. & Co., each received just over 20% of the votes in balloting at $1.5 billion-asset JSB Financial Inc., Lynbrook, N.Y., and at Goshen, N.Y.- based MSB Bancorp, according to preliminary tallies.

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