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EXHIBIT 3(i)
CERTIFICATE OF INCORPORATION
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CERTIFICATE OF AMENDMENT
OF
CERTIFICATE OF INCORPORATION
OF
FIRST HAWAIIAN, INC.
* * * * *
Pursuant to Section 242 of the General
Corporation Law of the State of Delaware
* * * * *
First Hawaiian, Inc., a corporation organized and existing under and
by virtue of the General Corporation Law of the State of Delaware (hereinafter,
the "Corporation"), DOES HEREBY CERTIFY:
FIRST: That at a meeting of the Board of Directors of the Corporation
held on January 18, 1996, resolutions were adopted setting forth proposed
amendments to the Certificate of Incorporation of the Corporation, declaring
said amendments to be advisable, and directing that said amendments be
considered at the annual meeting of the stockholders of the Corporation. The
resolution setting forth the proposed amendments is as follows:
"RESOLVED, that the Board of Directors of the Corporation
hereby declares it advisable that Article Fourth of the Certificate of
Incorporation of the Corporation be amended by deleting said article
in its entirety and by substituting in lieu thereof the following:
'Fourth. The total number of shares of stock which this
corporation shall have authority to issue is One Hundred Fifty
Million (150,000,000) shares having a par value of Five
Dollars ($5.00) per share, divided into two classes: One
Hundred Million (100,000,000) shares designated as Common
Stock (hereinafter, the "Common Stock"); and Fifty Million
(50,000,000) shares designated as Preferred Stock
(hereinafter, the "Preferred Stock"). The Board of Directors
of the corporation is authorized to fix, by resolution or
resolutions, the designation of each series of Preferred Stock
and the voting rights, preferences as to dividends and in
liquidation, conversion and other rights, qualifications,
limitations and restrictions thereof and such other subjects
or matters as may be fixed by resolution or resolutions of the
Board
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of Directors under the General Corporation Law of the State
of Delaware.'
SECOND: That thereafter, pursuant to resolution of the Board of
Directors of the Corporation, a meeting of the stockholders of the Corporation
was duly called and held, upon notice in accordance with Section 222 of the
General Corporation Law of the State of Delaware, at which meeting the
necessary number of shares as required by statute and the Certificate of
Incorporation was voted in favor of the amendments.
THIRD: That said amendments were duly adopted in accordance with the
provisions of Section 242 of the General Corporation Law of the State of
Delaware.
IN WITNESS WHEREOF, the Corporation has caused its corporate seal to
be affixed and this Certificate to be signed by its Chairman and Chief
Executive Officer and attested to by its Secretary this 30th day of April 1996.
FIRST HAWAIIAN, INC.
By: /s/ WALTER A. DODS, JR.
--------------------------------------
Name: Walter A. Dods, Jr.
Title: Chairman and Chief Executive Officer
ATTEST:
/s/ HERBERT E. WOLFF
- ------------------------------
Name: Herbert E. Wolff
Title: Secretary
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CERTIFICATE OF INCORPORATION
OF
FIRST HAWAIIAN, INC.
AS AMENDED THROUGH MAY 9, 1996
First. The name of the corporation is "First Hawaiian, Inc."
Second. The address of the corporation's registered office in the
State of Delaware is No. 100 West Tenth Street, in the City of Wilmington,
County of New Castle. The name and address of its resident agent is The
Corporation Trust Company, No. 100 West Tenth Street, Wilmington, Delaware.
Third. The purpose of the corporation is to engage in any lawful act
or activity for which corporations may be organized under the General
Corporation Law of Delaware.
Fourth. The total number of shares of stock which this corporation
shall have authority to issue is One Hundred Fifty Million (150,000,000) shares
having a par value of Five Dollars ($5.00) per share, divided into two classes:
One Hundred Million (100,000,000) shares designated as Common Stock
(hereinafter, the "Common Stock"); and Fifty Million (50,000,000) shares
designated as Preferred Stock (hereinafter, the "Preferred Stock"). The Board
of Directors of the corporation is authorized to fix, by resolution or
resolutions, the designation of each series of Preferred Stock and the voting
rights, preferences as to dividends and in liquidation, conversion and other
rights, qualifications, limitations and restrictions thereof and such other
subjects or matters as may be fixed by resolution or resolutions of the Board
of Directors under the General Corporation Law of the State of Delaware.
Fifth. The name and mailing address of each incorporator is as
follows:
Name Address
---- -------
John D. Bellinger 165 South King Street
Honolulu, Hawaii 96813
Hugh R. Pingree 165 South King Street
Honolulu, Hawaii 96813
G. Harry Hutaff 165 South King Street
Honolulu, Hawaii 96813
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Sixth. The powers of the incorporators shall terminate upon the filing of
the Certificate of Incorporation. The names and mailing addresses of the
persons who are to serve as directors of the corporation until the first annual
meeting of shareholders or until their successors are elected and qualified are
as follows:
Name Address
- ---- -------
John D. Bellinger 165 South King Street
Honolulu, Hawaii 96813
Hugh R. Pingree 165 South King Street
Honolulu, Hawaii 96813
G. Harry Hutaff 165 South King Street
Honolulu, Hawaii 96813
There shall be a Board of Directors of the corporation consisting of not less
than three (3) nor more than twenty-five (25) members. The members of the
Board of Directors shall be elected or appointed at such times, in such manner,
and for such terms as may be prescribed by the Bylaws, which may also provide
for the filling of vacancies on the Board of Directors. All of the powers of
the corporation, exercisable by authority of law or under this Certificate of
Incorporation, or otherwise, shall be vested in and exercised by, or by the
authority of, the Board of Directors, except as limited by law or the
Certificate of Incorporation or the Bylaws of the corporation. The Board of
Directors may, by resolution or otherwise, create, or the Bylaws may provide
for, such committees of the Board of Directors as the Board shall see fit or
the Bylaws shall provide for, and such committees shall have and may exercise
any and all such powers as the Board of Directors, by resolution, or the
Bylaws, may provide.
Seventh. The officers of the corporation shall be a President, one or more
Vice Presidents (one or more of whom may be designated an Executive Vice
President and one or more of whom may be designated a Senior Vice President),
Treasurer, Secretary, and such other officers as may be authorized pursuant to
the authority conferred by the Bylaws, all of whom shall be appointed by or by
the authority of the Board of Directors and serve at its pleasure. There may
be a Chairman of the Board of Directors who shall be appointed by the Board of
Directors from its own members and who shall have such powers as may be
prescribed by the Bylaws or, if and to the extent that the Bylaws shall not so
prescribe, by the Board of Directors.
Eighth. The corporation is to have perpetual existence.
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Ninth. Upon any increase in the authorized capital stock of the corporation,
unless the resolution of the shareholders of the corporation authorizing said
increase shall otherwise provide, the Board of Directors shall first offer the
additional authorized stock pro rata to all shareholders of record at such
price and on such terms as the Board of Directors may in each instance fix.
Any shares still remaining unsold thirty (30) days after said offer may then be
sold to any person or persons, on the same terms or terms more favorable to the
corporation, as the Board of Directors may determine. In the event of the
issue of any additional stock of the corporation for the purposes of
accomplishing the merger with, or of acquiring, any other corporation, bank or
trust company, the directors may issue said stock without preferential
subscription rights to such extent and on such terms as the Board of Directors
may in each instance deem proper.
Tenth. Meetings of shareholders may be held within or without the State of
Delaware, as the Bylaws may provide. The books of the corporation may be kept
(subject to any provision contained in law) outside the State of Delaware at
such place or places as may be designated from time to time by the Board of
Directors or in the Bylaws of the corporation.
Eleventh. The Board of Directors shall have the authority to make, alter or
repeal the Bylaws of the corporation.
Twelfth. No contract or other transaction between the corporation and any
other person, firm, corporation, association or other organization, and no act
of the corporation, shall in any way be affected or invalidated by the fact
that any of the directors or officers of the corporation are parties to such
contract, transaction or act or are pecuniarily or otherwise interested in the
same or are directors or officers or members of any such other firm,
corporation, association or other organization, provided that the interest of
such director shall be disclosed or shall have been known to the Board of
Directors authorizing or approving the same, or to a majority thereof. Any
director of the corporation who is a party to such transaction, contract, or
act or who is pecuniarily or otherwise interested in the same or is a director
or officer or member of such other firm, corporation, association or other
organization, may be counted in determining a quorum of any meeting of the
Board of Directors which shall authorize or approve any such contract,
transaction or act, and may vote thereon with like force and effect as if he
were in no way interested therein. Neither any director nor any officer of the
corporation, being so interested in any such contract, transaction or act of
the corporation which shall be approved by the Board of Directors of the
corporation, nor any such other person, firm, corporation, association or other
organization in which such director may be a director,
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officer or member, shall be liable or accountable to the corporation, or to any
shareholder thereof, solely by reason of being an interested person, for any
loss incurred by the corporation pursuant to or by reason or such contract,
transaction or act, or for any gain received by any such other party pursuant
thereto or by reason thereof.
Thirteenth. To the fullest extent permitted by the Delaware General
Corporation Law as it exists or may hereafter be amended, a director of this
corporation shall not be liable to the corporation or its stockholders for
monetary damages for breach of a fiduciary duty as a director.
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