EXHIBIT A(7)
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ARTICLES OF AMENDMENT
OF GABELLI COMSTOCK FUNDS, INC.
Gabelli Comstock Funds, Inc., a Maryland corporation (the
"Corporation"), having its principal office at One Corporate Center, Rye, New
York 10580-1434, certifies as follows:
FIRST: The Corporation desires to amend its Charter as currently in
effect.
SECOND: The amendments to the Charter of the Corporation set forth
herein shall become effective on the date and at the time that these articles of
Amendment (these "Articles") are filed with, and approved and accepted for
record by, the State Department of Assessments and Taxation of Maryland in
accordance with the Maryland General Corporation Law.
THIRD: ARTICLE II of the Corporation's Charter is hereby deleted in its
entirety and in its place shall be inserted the following:
ARTICLE II
NAME
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The name of the Corporation is Comstock Funds, Inc.
FOURTH: The Gabelli Comstock Strategy Fund series of the Corporation is
hereby redesignated the Comstock Strategy Fund and in designation of each class
of shares of such series the words Comstock Strategy Fund are hereby substituted
for the words Gabelli Comstock Strategy Fund.
FIFTH: The Gabelli Comstock Capital Value Fund series of the
Corporation is hereby redesignated the Comstock Capital Value Fund and in
designation of each class of shares of such series the words Comstock Capital
Value Fund are hereby substituted for the words Gabelli Comstock Capital Value
Fund.
SIXTH: The amendments to the Charter of the Corporation set forth in
these Articles were approved by the Board of Directors of the Corporation in
accordance with the provisions of ss.2-605 of the Maryland General Corporation
Law by a unanimous consent dated July 31, 2000.
SEVENTH: The foregoing amendments to the Charter of the Corporation are
limited to changes expressly permitted by ss.2-605 of Subtitle 6 of Title 2 of
the Maryland General Corporation Law to be made without action by stockholders.
EIGHTH: The Corporation is registered as an open-end company under the
Investment Company Act of 1940, as amended.
IN WITNESS WHEREOF, Gabelli Comstock Funds, Inc. has caused these
Articles of Amendment to be executed in its name and on its behalf by its
Executive Vice President who acknowledges these Articles of Amendment to be the
corporate act of the Corporation and, as to all matters or facts required to be
verified under oath, acknowledges that, to the best of his knowledge,
information and belief and under the penalties of perjury, all matters and facts
contained herein are true in all material respects, as of this 1st day of
August, 2000.
ATTEST: GABELLI COMSTOCK FUNDS, INC.
James E. McKee By: Bruce N. Alpert
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/s/James E. McKee /s/ Bruce N. Alpert
Secretary Executive Vice President
