DOMESTIC Minimum Fee $35 (See section 1401 sub-section 15)
BUSINESS CORPORATION File No. 19240001 D Pages 2
Fee Paid $35
DCN 2021621300021 AMEN
STATE OF MAINE ------FILED---------------
05/24/2002
____________________________________
ARTICLES OF AMENDMENT
(Shareholders Voting as One Class)
/s/ Julie L. Flynn
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Deputy Secretary of State
_____________________________________
A True Copy When Attested By Signature
Bangor Hydro-Electric Company /s/ Julie L. Flynn
___________________________________ ------------------
(Name of Corporation) Deputy Secretary of State
Pursuant to 13-A MRSA sections 805 and 807, the undersigned corporation
adopts these Articles of Amendment:
FIRST: All outstanding shares were entitled to vote on the following
amendment as one class.
SECOND: The amendment set out in Exhibit A attached was adopted by the
shareholders on (date) April 24, 2002.
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("X" one box only)
X at a meeting legally called and held OR
---
___ by unanimous written consent
THIRD: Shares outstanding and entitled to vote and shares voted for and
against said amendment were:
Number of Shares Outstanding NUMBER NUMBER
and Entitled to Vote Voted For Voted Against
---------------------------- --------- -------------
Preferred 47,340 15,753 3,428
Common 7,363,424 7,363,424 0
--------- --------- ------
Total 7,410,764 7,379,177 3,428
Common stock is entitled to 1/12 of a vote per share.
FOURTH: If such amendment provides for exchange, reclassification or
cancellation of issued shares, the manner in which this shall be
effected is contained in Exhibit B attached if it is not set forth
in the amendment itself.
FIFTH: If the amendment changes the number of par values of authorized
shares, the number of shares the corporation has authority to
issue thereafter, is as follows:
Class Series (If Any) Number of Shares Par Value (If Any)
----- --------------- ---------------- ------------------
The aggregate par value of all such shares (of all classes and
series) having par value is $_____________
The total number of all such shares (of all classes and series)
without par value is _____________shares
SIXTH: The address of the registered office of the corporation in the
State of Maine is 33 State Street
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Bangor ME 04401
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(street, city, state and zip code)
DATED May 15, 2002 *By /s/ Andrew Landry
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(signature)
Andrew Landry, Clerk
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MUST BE COMPLETED FOR VOTE type or print name and capacity)
OF SHAREHOLDERS
- --------------------------------
I certify that I have custody of
the minutes showing the above
action by the shareholders. *BY_________________________________
(signature)
________________________________
(signature of clerk, secretary or ------------------------------------
asst. secretary) (type or print name and capacity)
- ---------------------------------
Exhibit A
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RESOLVED that the Articles of Incorporation of the Company, as amended
to date, be further amended to permit the Company to use its unreserved
and unrestricted capital surplus, as defined in the Maine Business
Corporation Act, to make capital distributions as permitted by Section
517 of the Maine Business Corporation Act or to repurchase its own
common or preferred shares as permitted by Section 518 of the Maine
Business Corporation Act, and to authorize the Company's Board of
Directors to direct such a capital distribution or such a repurchase of
common or preferred shares from time-to-time, to the extent such a
distribution or repurchase is not contrary to any other provision of
these Articles, on such terms as they deem reasonable and in the best
interests of the Company.
NOTE: This form should not be used if any class of shares is entitled to vote
as a separate class for any of the reasons set out in section 806, or because
the articles so provide. For vote necessary for adoption see section 805.
______________________________________________________________________________
*This document MUST be signed by (1) the Clerk OR (2) the President
or a vice-president and the Secretary or an assistant secretary, or
such other officer as the bylaws may designate as a 2nd certifying
officer OR (3) if there are no such officers, then a majority of the
Directors or such directors as may be designated by a majority of
directors then in office OR (4) if there are no such directors, then
the Holders, or such of them as may be designated by the holders, of
record of a majority of all outstanding shares entitled to vote
thereon OR (5) the Holders of all of the outstanding shares of the
corporation.
SUBMIT COMPLETED FORMS TO: CORPORATE EXAMINING SECTION, SECRETARY OF STATE,
101 STATE HOUSE STATION, AUGUSTA, ME 04333-0101
FORM NO. MBCA-9 Rev. 96 TEL. (207) 287-4195