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Exhibit (a)(2)
AMENDMENT NO. 1 TO THE
AGREEMENT AND DECLARATION OF
COLONIAL INTERMEDIATE HIGH INCOME FUND
WHEREAS, Section 7 (b) of Article IX of the Agreement and Declaration
of Trust of Colonial Intermediate High Income Fund, a copy of which is on file
in the office of the Secretary of the Commonwealth of Massachusetts, provides
that said Agreement and Declaration of Trust may be amended at any time by an
instrument in writing signed by a majority of the then Trustees when authorized
so to do by a vote of a majority of the shareholders;
WHEREAS, Section 1 of Article V of said Agreement and Declaration of
Trust provides that until shares are issued the Trustees may exercise all rights
of shareholders and may take any action required by law, the Agreement and
Declaration of Trust or the by-laws to be taken by shareholders; and
WHEREAS, no shares have been issued by Colonial Intermediate High
Income Fund;
WE, THE UNDERSIGNED, being at least a majority of the Trustees of
Colonial Intermediate High Income Fund, do hereby certify that the undersigned
have authorized the following amendment to said Agreement and Declaration of
Trust as follows:
Section 3 of Article V is hereby amended by deleting the words "Thirty
per cent (30%)" from the first line thereof so that said section shall read in
its entirety as follows:
"Section 3. A majority of the Shares entitled to vote shall be a quorum
for the transaction of business at a Shareholders' meeting. Any lesser
number, however, shall be sufficient for adjournments. Any adjourned
session or sessions may be held within a reasonable time after the date
set for the original meeting without the necessity of further notice.
Except when a larger vote is required by any provision of this
Declaration of Trust or the By-Laws, a majority of the Shares voted
shall decide any questions and a plurality shall elect a Trustee."
The foregoing amendment shall become effective as of the time this
instrument is filed with the Secretary of the Commonwealth of Massachusetts.
IN WITNESS WHEREOF, the undersigned have hereunto set their hands in
the City of Boston, Massachusetts for themselves and their assigns, on this 15th
day of July, 1988.
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/s/ Xxx Xxxxxxxxx /s/ Xxxxxxxx X. Xxxxxxx
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Xxx Xxxxxxxxx Xxxxxxxx X. Xxxxxxx
/s/ Xxxx X. Xxxxxxx /s/ Xxxxxx X. Xxxxx
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Xxxx X. Xxxxxxx Xxxxxx X. Xxxxx
/s/ Xxxxx X. Xxxxx, Xx. /s/ Xxxx X. XxXxxxx, Xx.
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Xxxxx X. Xxxxx, Xx. Xxxx X. XxXxxxx, Xx.
THE COMMONWEALTH OF MASSACHUSETTS
Suffolk, ss. July 15, 1988
Then personally appeared the above-named Trustee(s) and acknowledged
the foregoing instrument to be his or their free act and deed, before me.
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Notary Public
My Commission expires:
(Notary's Seal)
