EXHIBIT 3(B)
FEDERAL IDENTIFICATION
NO. 04-2471221
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THE COMMONWEALTH OF MASSACHUSETTS
WILLIAM FRANCIS GALVIN
Secretary of the Commonwealth
One Ashburton Place, Boston, Massachusetts 02108-1512
ARTICLES OF AMENDMENT
(GENERAL LAWS, CHAPTER 156B, SECTION 72)
We, Henrique de Campos Meirelles , President
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and Gary A. Spiess , Clerk
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of BankBoston Corporation ,
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(Exact name of corporation)
located at 100 Federal Street, Boston, MA 02110 ,
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(Street address of corporation in Massachusetts)
certify that these Articles of Amendment affecting articles numbered:
3
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(Number those articles 1, 2, 3, 4, 5 and/or 6 being amended)
of the Articles of Organization were duly adopted at a meeting
held on April 23, 1998, by vote of:
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112,545,339 shares of Common Stock Par Value $1.50 per share of
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(type, class & series, if any)
146,594,022 shares outstanding,
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shares of of shares outstanding,
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(type, class & series, if any)
shares of of shares outstanding,
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(type, class & series, if any)
being at least a majority of each type, class or series outstanding and entitled
to vote thereon:
Voted: That the Corporation's Restated Articles of
Organization be amended to increase the authorized
shares of the Corporation's Common Stock from
300,000,000 to 500,000,000 and to reduce the par
value of the Common Stock from $1.50 to $1.00 per
share.
To change the number of shares and the par value (if any) of any type, class or
series of stock which the corporation is authorized to issue, fill in the
following:
The total presently authorized is:
WITHOUT PAR VALUE STOCKS WITH PAR VALUE STOCKS
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TYPE NUMBER OF SHARES TYPE NUMBER OF SHARES PAR VALUE
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Common: Common: 300,000,000 $1.50
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Preferred: 10,000,000* Preferred:
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Change the total authorized to:
WITHOUT PAR VALUE STOCKS WITH PAR VALUE STOCKS
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TYPE NUMBER OF SHARES TYPE NUMBER OF SHARES PAR VALUE
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Common: Common: 500,000,000 $1.00
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Preferred: 10,000,000* Preferred:
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* Of the 10,000,000 shares of Preferred Stock, the following series
currently are authorized: 1,044,843 shares of Adjustable Rate
Cumulative Preferred Stock, Series A, (ii) 1,574,315 shares of
Adjustable Rate Cumulative Preferred Stock, Series B, (iii)
774,783 shares of Adjustable Rate Cumulative Preferred Stock,
Series C, (iv) 280,000 shares of 7 7/8% Cumulative Preferred
Stock, Series F, and 200,00 shares of Junior Participating
Preferred Stock, Series D.
The foregoing amendment(s) will become effective when these Articles of
Amendment are filed in accordance with General Laws, Chapter 156B, Section 6
unless these articles specify, in accordance with the vote adopting the
amendment, a later effective date not more than thirty days after such filing,
in which event the amendment will become effective on such later date.
Later effective date:
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SIGNED UNDER THE PENALTIES OF PERJURY, this 23rd day of April, 1998,
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/s/ HENRIQUE DE CAMPOS MEIRELLES , President
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Henrique de Campos Meirelles
/s/ GARY A. SPIESS , Clerk
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Gary A. Spiess
THE COMMONWEALTH OF MASSACHUSETTS
ARTICLES OF AMENDMENT
(GENERAL LAWS, CHAPTER 156B, SECTION 72)
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I hereby approve the within Articles of Amendment and, the filing fee in
the amount of $ $50,000 having been paid, said articles are deemed to
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have been filed with me this 24th day of April , 1998 .
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Effective date: April 24, 1998
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WILLIAM FRANCIS GALVIN
Secretary of the Commonwealth
TO BE FILLED IN BY CORPORATION
PHOTOCOPY OF DOCUMENT TO BE SENT TO:
Donna M. Rowan
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BankBoston, 100 Federal Street, MA Stop 01-19-02
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Boston, MA 02110
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