EXHIBIT 99.1B
FREEDOM INVESTMENT TRUST III
AMENDMENT NO. 2 TO MASTER TRUST AGREEMENT
AS AMENDED AND RESTATED
Amendment No. 2 to the Master Trust Agreement dated June 16, 1989, as
amended and restated as of May 14, 1991, made at Boston, Massachusetts, as of
this 25th day of June, 1992.
W I T N E S S E T H:
WHEREAS, Section 7.3 of the Master Trust Agreement dated June 16, 1989,
as amended and restated as of May 14, 1991 (the "Agreement") of Freedom
Investment Trust III (the "Trust") provides that the Agreement may be amended at
any time, so long as such amendment does not adversely affect the rights of any
shareholder.
NOW, THEREFORE, the Trustees hereby state:
1. That paragraphs 1 and 2 of Amendment No. 1 to the Agreement and
Section 4.2 of the Agreement and all other appropriate references in the
Agreement are further amended to change the name, effective October 1, 1992 (not
August 10, 1992), of the established and designated Sub-Trusts as follows:
Freedom Environmental Fund to Xxxx Xxxxxxx Freedom Environmental Fund and
Freedom Discovery Fund to Xxxx Xxxxxxx Discovery Fund. Furthermore, that the
initial paragraph of Section 4.2 of the Agreement as heretofore in effect is
amended and restated, to read as follows effective October 1, 1992 (not August
10, 1992):
"Section 4.2 Establishment and Designation of Sub-Trusts. Without
limiting the authority of the Trustees set forth in Section 4.1 to
establish and designate any further Sub-Trusts, the Trustees hereby
establish and designate two Sub-Trusts: Xxxx Xxxxxxx Freedom
Environmental Fund and Xxxx Xxxxxxx Discovery Fund. The Shares of
such Sub-Trusts and any Shares of any further Sub-Trusts that may
from time to time be established and designated by the Trustees
shall (unless the Trustees otherwise determine with respect to some
further Sub-Trust at the time of establishing and designating the
same) have the following relative rights and preferences:"
The undersigned, being a majority of the Trustees of the Trust, hereby
certify that the amendment set forth above has been duly adopted in accordance
with the provisions of the Master Trust Agreement of the Trust.
IN WITNESS WHEREOF, the undersigned have hereunto set their hands and
seals for themselves and their assigns, as of this 25th day of June, 1992.
/s/ Xxxx X. Xxxxxx, Xx. /s/ Xxxxxxx X. Xxxxxx
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Xxxx X. Xxxxxx, Xx. Xxxxxxx X. Xxxxxx
/s/ Xxxxxx X. Xxxxxxxx, Xx. /s/ Xxxxxxx X. Xxxxxx, III
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Xxxxxx X. Xxxxxxxx, Xx. Xxxxxxx X. Xxxxxx, III
/s/ Xxxxxxx X. Xxxxxxx /s/ Xxxxx Xxxxxx, Xx.
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Xxxxxxx X. Xxxxxxx Xxxxx Xxxxxx, Xx.
/s/ Xxxxxx X. Xxxxxx /s/ Xxxxxxx Xxxxx
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Xxxxxx X. Xxxxxx Xxxxxxx Xxxxx
/s/ Xxxx X Xxxxx /s/ Xxxx X. Xxxxx
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Xxxx X. Xxxxx Xxxx X. Xxxxx
COMMONWEALTH OF MASSACHUSETTS )
) SS.
COUNTY OF SUFFOLK )
Then personally appeared the above-named Xxxx X. Xxxxxx, Xx. Xxxxxx X.
Xxxxxxxx, Xx., Xxxxxxx Xxxxxx, Xxxx X. Xxxxx, Xxxx X. Xxxxx, Xxxxxxx Xxxxx,
Xxxxxxx X. Xxxxxxx, Xxxxxx X. Xxxxxx, Xxxxxxx X. Xxxxxx, III and Xxxxx Xxxxxx,
Xx. and acknowledged this instrument to be his free act and deed as of the 25th
day of June, 1992.
/s/ (illegible)
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Notary Public
My commission expires: 1-24-97
00000.xx
