Attached files
| file | filename |
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| EX-3.2 - EX-3.2 - TRUSTMARK CORP | trmk-ex32_7.htm |
| EX-99.1 - EX-99.1 - TRUSTMARK CORP | trmk-ex991_29.htm |
| 8-K - 8-K - TRUSTMARK CORP | trmk-8k_20160426.htm |
EXHIBIT 3.1
RESTATED
ARTICLES OF INCORPORATION
OF
TRUSTMARK CORPORATION
FIRST: The name of the corporation is TRUSTMARK CORPORATION.
SECOND: The period of its duration is perpetual.
THIRD: The specific purposes for which the corporation is organized stated in general terms are:
(1)To receive and hold the common stock and other securities of a commercial bank and other financial institutions and business interests.
(2)To engage in acts and activities which directly or indirectly relate to or complement the business of banking or other financial institutions and business interests.
(3)To engage in other investment activities and in the furnishing of goods and services to financial, trade and commercial activities.
(4)To engage in any and all types of business activity.
(5)To do all things necessary, convenient or desirable for the accomplishment of any of the purposes or the attainment of any of the objectives herein set forth and to do all things incidental thereto which are not prohibited by law.
FOURTH: The aggregate number of shares Trustmark is authorized to issue is (i) two hundred fifty million (250,000,000) shares of no-par common stock, and (ii) twenty million (20,000,000) shares of no-par preferred stock.
The common stock of Trustmark may be issued in such amounts and for such consideration as determined from time to time by the Board of Directors. The holders of
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common stock shall have unlimited voting rights and, subject to the preferences and rights, if any, of any holders of any other class of stock, holders of common stock shall have the right to receive such dividends as may be declared, from time to time, by the Board of Directors and shall be entitled to receive the net assets of Trustmark upon liquidation.
The Board of Directors of Trustmark is authorized, subject only to any limitations prescribed by law and the Articles of Incorporation of Trustmark, to provide for the issuance of shares of preferred stock of Trustmark in one or more classes or series without any further action of the shareholders of Trustmark by filing such Articles of Amendment as may be required by law establishing the number of such shares to be issued and the designation, powers, terms, preferences, rights and limitations thereof. The authority of the Board of Directors with respect to a class or series shall include, but not be limited to, the authority to determine the following:
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(i) |
The number of shares constituting that class or series and the distinctive designation of that class or series; |
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(ii) |
The dividend rate on the shares of that class or series, whether dividends shall be cumulative, and if so, from which date or dates, and the relative rights and priorities, if any, of the right to the payment of dividends on shares of that class or series; |
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(iii) |
Whether that class or series shall have voting rights in addition to any voting rights required by law, and, if so, the terms of such voting rights; |
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(iv) |
Whether that class or series shall have conversion privileges, and, if so, the terms and conditions of such conversion, including provisions for adjustment of the conversion rate as a consequence of such events as the Board of Directors shall determine; |
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(vi) |
Whether that class or series shall have a sinking fund for the redemption or purchase of shares of that class or series, and, if so, the terms and amount of such sinking fund; |
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(vii) |
The rights of the shares of that class or series in the event of voluntary or involuntary liquidation, dissolution, or winding-up of Trustmark, and the relative rights and priorities, if any, of payment of shares of that class or series; and |
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(viii) |
Any other relative rights, preferences, and limitations of that class or series. |
FIFTH: The corporation will not commence business until consideration of the value of at least One Thousand and No/100 Dollars ($1,000.00) has been received for the issuance of shares.
SIXTH: Shareholders shall have no pre-emptive right to acquire additional or treasury shares of the corporation.
SEVENTH: The post office address of the corporation’s registered office is 248 East Capitol Street, Jackson, Mississippi, and the name of its registered agent at such address is Granville Tate, Jr.
EIGHTH: The number of directors constituting the initial board of directors of the corporation is three (3). Subsequently the corporation shall have the number of directors (but
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not less than three) as may be designated in its bylaws, any additional directors to be elected at an annual or special meeting of shareholders called for that purpose.
NINTH: The name and post office address of each incorporator is:
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Name |
Street and Post Office Address
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Robert M. Hearin |
248 East Capitol Street Jackson, Mississippi
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John B. Tullos |
248 East Capitol Street Jackson, Mississippi
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TENTH: Except in connection with vacancies as provided for in the corporation’s bylaws, a nominee for director shall be elected at any meeting of shareholders at which a quorum is present if the votes cast for such nominee’s election exceed the votes cast against such nominee’s election; provided, however, that nominees for director shall be elected by a plurality of the votes cast at any meeting of shareholders for which the number of nominees exceeds the number of directors to be elected.
ELEVENTH: Holders of shares of the corporation shall not be entitled to cumulate their votes in the election of directors.
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