AMERICAN CENTURY MUTUAL FUNDS, INC.

                             ARTICLES SUPPLEMENTARY

         AMERICAN CENTURY MUTUAL FUNDS, INC., a Maryland corporation whose
principal Maryland office is located in Baltimore, Maryland (the "Corporation"),
hereby certifies to the State Department of Assessments and Taxation of Maryland
that:

         FIRST: The Corporation is registered as an open-end company under the
Investment Company Act of 1940.

         SECOND: Pursuant to authority expressly vested in the Board of
Directors of the Corporation by Section 2-605(a)(4) of the Maryland General
Corporation Law, the Board of Directors of the Corporation has authorized the
renaming of the duly established and allocated series of the Corporation's stock
as follows:


New Series Name                                 Prior Series Name
--------------------------------------------------------------------------------
Veedot Fund                                     Golconda All-Cap Fund
Veedot Large-Cap Fund                           Golconda Large-Cap Fund

The name changes shall be effective on November 30, 1999.


         THIRD: Except as otherwise provided by the express provisions of these
Articles Supplementary, nothing herein shall limit, by inference or otherwise,
the discretionary right of the Board of Directors to serialize, classify or
reclassify and issue any unissued shares of any Series or Class or any unissued
shares that have not been allocated to a Series or Class, and to fix or alter
all terms thereof, to the full extent provided by the Articles of Incorporation
of the Corporation.

         FOURTH: A description of the series and classes of shares, including
the preferences, conversion and other rights, voting powers, restrictions,
limitations as to dividends, qualifications, and terms and conditions for
redemption is set forth in the Articles of Incorporation of the Corporation and
is not changed by these Articles Supplementary, except with respect to the
creation and/or designation of the various Series.

         FIFTH: The Board of Directors of the Corporation duly adopted
resolutions authorizing the renaming of the Series, as set forth in Article
SECOND.


         IN WITNESS WHEREOF, AMERICAN CENTURY MUTUAL FUNDS, INC. has caused
these Articles Supplementary to be signed and acknowledged in its name and on
its behalf by its Vice President and attested to by its Assistant Secretary on
this 19th day of November, 1999.

                                            AMERICAN CENTURY MUTUAL
ATTEST:                                     FUNDS, INC.


/s/ Brian L. Brogan                          By: /s/ David C. Tucker
Name: Brian L. Brogan                        Name: David C. Tucker
Title:   Assistant Secretary                 Title:   Vice President


         THE UNDERSIGNED Vice President of AMERICAN CENTURY MUTUAL FUNDS, INC.,
who executed on behalf of said Corporation the foregoing Articles Supplementary
to the Charter, of which this certificate is made a part, hereby acknowledges,
in the name of and on behalf of said Corporation, the foregoing Articles
Supplementary to the Charter to be the corporate act of said Corporation, and
further certifies that, to the best of his knowledge, information and belief,
the matters and facts set forth therein with respect to the approval thereof are
true in all material respects under the penalties of perjury.



Dated:  November 19, 1999                        /s/ David C. Tucker
                                                 David C. Tucker, Vice President