EXHIBIT 99.B1B
AMENDMENT NO. 1
AGREEMENT AND DECLARATION OF TRUST
INTEGRITY INVESTMENT TRUST
A trust known as INTEGRITY INVESTMENT TRUST (the "Trust") was created
by an Agreement and Declaration of Trust dated October 18, 1990 by Xxxxx X.
Xxxxxx, Trustee, on behalf of himself and all other persons who became trustees
thereunder. Section 7.3 of that Agreement and Declaration of Trust provides
that the provisions of the Agreement and Declaration of Trust may be amended at
any time, so long as such amendment does not adversely affect the rights of any
Shareholder with respect to which such amendment is or purports to be applicable
and so long as such amendment is not in contravention of applicable law,
including the Investment Company Act of 1940, by an instrument in writing signed
by a majority of the then trustees of the Trust. Pursuant to the authority
granted by Section 7.3 and Section 4.2 of the Agreement and Declaration of
Trust:
1. The name of the Trust shall be changed to "UNIVERSAL CAPITAL
INVESTMENT TRUST"; and
2. The name of the Sub-Trust previously designated "Integrity Growth
Fund" shall be changed to "UNIVERSAL CAPITAL GROWTH FUND";
in each case, to be effective immediately upon execution hereof.
* * * *
IN WITNESS WHEREOF, the undersigned, the sole Trustee and the
President of the Trust, hereby certifies that the foregoing amendment was duly
adopted by the sole Trustee of the Trust on November 2, l990, and has hereunto
set his hand and seal this 2nd day of November, 1990.
/s/ Xxxxx X. Xxxxxx
-----------------------------------
Xxxxx X. Xxxxxx
Trustee and President,
Integrity Investment Trust
State of Illinois )
)
County of DuPage )
Xxxxx X. Xxxxxx, personally known to me and personally known to me to
be the sole Trustee and the President of Integrity Investment Trust, appeared
before me in Oakbrook Terrace, Illinois and acknowledged the foregoing to be his
free act and deed, this 2nd day of November, 1990.
/s/ Xxxxxxx Xxx Xxxxxxxx
---------------------------------
Notary Public