Common use of Enumeration; Qualification Clause in Contracts

Enumeration; Qualification. The Trustees may, but are not required to, elect or appoint officers of the Trust. The officers of the Trust, if officers are elected or appointed, shall be a Chairman of the Trustees, a President, a Treasurer, a Secretary, Vice Presidents, and Assistant Treasurers, Assistant Secretaries and Assistant Vice Presidents, if any, as the Trustees from time to time may in their discretion elect or as appointed from time to time pursuant to authority delegated by the Trustees. The Trust may also have such agents as the Trustees from time to time may in their discretion appoint. The Chairman of the Trustees shall be a Trustee and may but need not be a shareholder; and any other officer may be but none need be a Trustee or shareholder. Any two or more offices may be held by the same person, except the offices of President and Vice President, but no officer shall execute, acknowledge or verify in more than one capacity any instrument required by law to be executed, acknowledged or verified by more than one officer.

Appears in 10 contracts

Samples: By Laws (Consulting Group Capital Markets Funds), By Laws (Smith Barney Adjustable Rate Government Income Fund), By Laws (Smith Barney Massachusetts Municipals Fund)

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Enumeration; Qualification. The Trustees may, but are not required to, -------------------------- elect or appoint officers of the Trust. The officers of the Trust, if officers are elected or appointed, shall be a Chairman of the Trustees, a President, a Treasurer, a Secretary, Vice Presidents, and Assistant Treasurers, Assistant Secretaries and Assistant Vice Presidents, if any, as the Trustees from time to time may in their discretion elect or as appointed from time to time pursuant to authority delegated by the Trustees. The Trust may also have such agents as the Trustees from time to time may in their discretion appoint. The Chairman of the Trustees shall be a Trustee and may but need not be a shareholder; and any other officer may be but none need be a Trustee or shareholder. Any two or more offices may be held by the same person, except the offices of President and Vice President, but no officer shall execute, acknowledge or verify in more than one capacity any instrument required by law to be executed, acknowledged or verified by more than one officer.

Appears in 3 contracts

Samples: By Laws (Smith Barney Funds Inc), By Laws (Smith Barney Principal Return Fund), By Laws (Smith Barney Income Funds)

Enumeration; Qualification. The Trustees may, but are not required to, elect or appoint officers of the Trust. The officers of the Trust, if officers are elected or appointed, shall be a Chairman of the Trustees, a President, a Treasurer, a Secretary, Vice Presidents, and Assistant Treasurers, Assistant Secretaries and Assistant Vice Presidents, if any, as the Trustees from time to time may in their discretion elect or as appointed from time to time pursuant to authority delegated by the Trustees. The Trust may also have such agents as the Trustees from time to time may in their discretion appoint. The Chairman of the Trustees shall be a Trustee and may but need not be a shareholder; and any other officer may be but none need be a Trustee or shareholder. Any two or more offices may be held by the same person, except the offices of President and Vice President, but no officer shall execute, acknowledge or verify in more than one capacity any instrument required by law to be executed, acknowledged or verified by more than one officer.

Appears in 2 contracts

Samples: By Laws (Stockjungle Com), By Laws (Smith Barney Multiple Discipline Account Trust)

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Enumeration; Qualification. The Trustees may, but are not required to, elect or appoint officers of the Trust. The officers of the Trust, if officers are elected or appointed, shall be a Chairman of the Trustees, a Chief Executive Officer, a President, a Treasurer, a Secretary, Vice Presidents, and Assistant Treasurers, Assistant Secretaries and Assistant Vice Presidents, if any, as the Trustees from time to time may in their discretion elect or as appointed from time to time pursuant to authority delegated by the Trustees. The Trust may also have such agents as the Trustees from time to time may in their discretion appoint. The Chairman of the Trustees shall be a Trustee and may but need not be a shareholder; and any other officer may be but none need be a Trustee or shareholder. Any two or more offices may be held by the same person, except the offices of President and Vice President, but no officer shall execute, acknowledge or verify in more than one capacity any instrument required by law to be executed, acknowledged or verified by more than one officer.

Appears in 1 contract

Samples: By Laws (Consulting Group Capital Markets Funds)

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