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SIGNATURE S. ELLIOTT COHAN
TITLE ASST. GEN. COUNSEL
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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77Q. Amendments to By-Laws
FEDERATED AMERICAN LEADERS FUND, INC.
(formerly: American Leaders Fund, Inc.)
Amendment #12
to the By-Laws
(effective February 23, 1998)
Delete Sections 1, 2, 3, 4 & 5 from Article IV, OFFICERS, and replace with the
following:
Section 1. GENERAL PROVISIONS. The Officers of the Corporation
shall be a President, one or more Vice Presidents, a Treasurer,
and a Secretary. The Board of Directors, in its discretion, may
elect or appoint a Chairman of the Board of Directors and other
Officers or agents, including one or more Assistant Vice
Presidents, one or more Assistant Secretaries, and one or more
Assistant Treasurers. A Vice President, the Secretary or the
Treasurer may appoint an Assistant Vice President, an Assistant
Secretary or an Assistant Treasurer, respectively, to serve until
the next election of Officers. Two or more offices may be held by
a single person except the offices of President and Vice President
may not be held by the same person concurrently. It shall not be
necessary for any Director or any Officer to be a holder of shares
in any Series or Class of the Corporation.
Section 2. ELECTION, TERM OF OFFICE AND QUALIFICATIONS. The
Officers shall be elected annually by the Board of Directors at
its Annual Meeting. Each Officer shall hold office for one year
and until the election and qualification of his successor, or
until earlier resignation or removal. The Chairman of the Board
of Directors, if there is one, shall be elected annually by and
from the Directors, and serve until a successor is so elected and
qualified, or until earlier resignation or removal.
Section 3. REMOVAL. Any Officer elected by the Board of
Directors or whose appointment has been ratified by the Board of
Directors may be removed with or without cause at any time by a
majority vote of all of the Directors. Any other employee of the
Corporation may be removed or dismissed at any time by the
President.
Section 4. RESIGNATIONS. Any Officer may resign at any time by
giving written notice to the Board of Directors. Any such
resignation shall take effect at the time specified therein or, if
no time is specified, at the time of receipt. Unless otherwise
specified , the acceptance of such resignation shall not be
necessary to make it effective.
Section 5. VACANCIES. Any vacancy in any of the offices, whether
by resignation, removal or otherwise, may be filled for the
unexpired portion of the term by the President. A vacancy in the
office of Assistant Vice President may be filled by a Vice
President; in the office of by the Secretary; or in the office of
Assistant Treasurer by the Treasurer. Any appointment to fill any
vacancy shall serve subject to ratification by the Board of
Directors at its next Regular Meeting.
Federated American Leaders Fund, Inc.
Amendment #13
to the By-Laws
(effective February 27, 1998)
Delete Section 7 Proxies of Article I, Meetings of Shareholders, and replace
with the following:
Section 7. PROXIES. Any Shareholder entitled to vote at any
meeting of Shareholders may vote either in person or by proxy, but
no proxy which is dated more than eleven months before the meeting
named therein shall be accepted unless otherwise provided in the
proxy. Every proxy shall be in writing and signed by the
Shareholder or his duly authorized agent or be in such other form
as may be permitted by the Maryland General Corporation Law,
including electronic transmissions from the shareholder or his
authorized agent. Authorization may be given orally, in writing,
by telephone, or by other means of communication. A copy,
facsimile transmission or other reproduction of the writing or
transmission may be substituted for the original writing or
transmission for any purpose for which the original transmission
could be used. Every proxy shall be dated, but need not be
sealed, witnessed or acknowledged. Where Shares are held of
record by more than one person, any co-owner or co-fiduciary may
appoint a proxy holder, unless the Secretary of the Corporation is
notified in writing by any co-owner or co-fiduciary that the
joinder of more than one is to be required. All proxies shall be
filed with and verified by the Secretary or an Assistant Secretary
of the Corporation, or the person acting as Secretary of the
Meeting. Unless otherwise specifically limited by their term, all
proxies shall entitle the holders thereof to vote at any
adjournment of such meeting but shall not be valid after the final
adjournment of such meeting.
Federated American Leaders Fund, Inc.
Amendment #14
to the By-Laws
(effective May 12, 1998)
Strike Section 3 - Place of Meetings from Article I - Meeting of Shareholder
and replace it with the following:
Section 3. PLACE OF MEETINGS. All meetings of the Shareholders
of the Corporation or a particular Series or Class, shall be held
at such place within or without the State of Maryland as may be
fixed by the Board of Directors.
Current as of: 8/18/94