8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)                   May 26, 2010                                           

Commission File Number	Registrant, State of Incorporation, Address And Telephone Number	I.R.S. Employer Identification No.
1-3526	THE SOUTHERN COMPANY (A Delaware Corporation) 30 Ivan Allen Jr. Boulevard, N.W. Atlanta, Georgia 30308 (404) 506-5000	58-0690070

The name and address of the registrant have not changed since the last report.

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.07.                      Submission of Matters to a Vote of Security Holders.

The Southern Company (the “Company”) held its Annual Meeting of Stockholders on May 26, 2010.  At the meeting, stockholders elected all 11 of the directors nominated by the Board of Directors.  Each director received a greater number of votes cast “for” election than votes “withheld” from election as reflected below.  In addition, the Company’s stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2010 and approved:

(1) an amendment to the By-Laws of the Company to adopt a majority vote standard and eliminate cumulative voting in uncontested director elections;

(2) an amendment to the Company’s Certificate of Incorporation to eliminate cumulative voting in elections of directors; and

(3) an amendment to the Company’s Certificate of Incorporation to increase the number of authorized shares of common stock.

The two stockholder proposals that were presented at the meeting are briefly discussed below and were not approved.  For more information on the proposals, see the Company’s proxy statement dated April 13, 2010.

 Set forth below are the final voting results for each of the proposals.

No. 1 -  Election of director nominees

Director	Votes For	Votes Withheld	Broker Non-Votes
Juanita Powell Baranco	446,308,865	8,801,990	207,746,357
Jon A. Boscia	449,408,843	5,702,012	207,746,357
Henry A. Clark III	448,724,213	6,386,642	207,746,357
H. William Habermeyer, Jr.	448,737,852	6,373,003	207,746,357
Veronica M. Hagen	441,494,885	13,615,970	207,746,357
Warren A. Hood, Jr.	449,258,651	5,852,204	207,746,357
Donald M. James	395,289,237	59,821,618	207,746,357
J. Neal Purcell	448,591,822	6,519,033	207,746,357
David M. Ratcliffe	443,516,566	11,594,289	207,746,357
William G. Smith, Jr.	449,415,351	5,695,504	207,746,357
Larry D. Thompson	446,462,746	8,648,109	207,746,357

No. 2 - Proposal to ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2010

Votes For	Votes Against	Abstentions	Broker Non-Votes
604,559,514	5,989,333	52,308,365	0

No. 3 - Proposal to amend the By-Laws of the Company to adopt a majority vote standard and eliminate cumulative voting in uncontested director elections.

Votes For	Votes Against	Abstentions	Broker Non-Votes
606,729,455	49,111,456	7,016,301	0

No. 4 - Proposal to amend the Company’s Certificate of Incorporation to eliminate cumulative voting in election of directors

Votes For	Votes Against	Abstentions	Broker Non-Votes
611,669,040	43,957,067	7,231,105	0

No. 5 - Proposal to amend the Company’s Certificate of Incorporation to increase the number of authorized shares of common stock

Votes For	Votes Against	Abstentions	Broker Non-Votes
572,953,518	34,941,363	54,962,331	0

No. 6 - Stockholder Proposal regarding a climate change environmental report

Votes For	Votes Against	Abstentions	Broker Non-Votes
38,094,665	347,780,889	69,235,301	207,746,357

No. 7 - Stockholder Proposal regarding a coal combustion byproducts environmental report

Votes For	Votes Against	Abstentions	Broker Non-Votes
80,883,224	303,993,233	70,234,398	207,746,357

Item 9.01.                      Financial Statements and Exhibits.

(d)      Exhibits

3.1 Certificate of Amendment to the Certificate of Incorporation of the Company effective May 27, 2010.

3.2 By-Laws of the Company, as amended effective May 26, 2010.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:          June 1, 2010 THE SOUTHERN COMPANY       By      /s/Melissa K. Caen                Melissa K. Caen             Assistant Secretary

EX-3.1

Exhibit 3.1

CERTIFICATE OF AMENDMENT

OF

CERTIFICATE OF INCORPORATION

OF

THE SOUTHERN COMPANY

 THE SOUTHERN COMPANY, a corporation organized and existing under and by virtue of the General Corporation Law of the State of Delaware (hereinafter called the “Company”), DOES HEREBY CERTIFY, under its corporate seal as follows:

 1.  The Board of Directors of the Company, at a meeting of said Board of Directors duly called and held on February 15, 2010, duly adopted the following resolutions, which have not been revoked or modified and are in full force and effect:

 A.  Increase Number of Authorized Shares

 “RESOLVED:  That the Board of Directors of the Company hereby:

 (1)  Proposes, sets forth and declares advisable, and recommends to the stockholders their approval of, an amendment of the Company’s Certificate of Incorporation, as heretofore amended, so as to increase the authorized number of shares of common stock of the par value of $5 from 1,000,000,000 to 1,500,000,000, and for such purpose Article FOURTH of said Certificate of Incorporation should be amended to read as follows:

      ‘FOURTH:  The total number of shares of stock which the corporation shall have authority to issue is 1,500,000,000 shares, all of which are to be shares of common stock with a par value of five dollars ($5) each.’

 (2)  Directs that the amendment so proposed be considered at the next annual meeting of stockholders of the Company which shall be called and held upon notice in accordance with Section 222 of the General Corporation Law of the State of Delaware, which notice shall set forth a brief summary of the change to be effected by such amendment; and

 RESOLVED FURTHER:  That the officers of the Company are hereby authorized to do any and all things necessary or appropriate, and as counsel may advise, to effect such amendment of the Certificate of Incorporation.”

B.  Eliminate Cumulative Voting

 “RESOLVED:  That the Board of Directors of the Company hereby:

(1)  Proposes, sets forth and declares advisable, and recommends to the stockholders their approval of, an amendment to the Company’s Certificate of Incorporation, as heretofore amended, so as to delete therefrom subdivision (2) of Article NINTH in its entirety and to renumber the succeeding subdivisions of said Article NINTH accordingly; and

(2)  Directs that the amendment so proposed be considered at the next annual meeting of stockholders of the Company which shall be called and held upon notice in accordance with Section 222 of the General Corporation Law of the State of Delaware, which notice shall set forth a brief summary of the change to be effected by such amendment;

RESOLVED FURTHER:  That, at any time prior to the effectiveness of the filing of such amendment to the Certificate of Incorporation with the Secretary of State of the State of Delaware and in the event that the amendment of the Company’s By-Laws to provide for majority voting in uncontested elections of directors and to eliminate cumulative voting in uncontested elections of directors is not approved by the stockholders of the Company, notwithstanding authorization of such amendment to the Certificate of Incorporation by the stockholders of the Company, the Board of Directors may abandon such amendment to the Certificate of Incorporation without further action by the stockholders of the Company; and

RESOLVED FURTHER:  That the officers of the Company are hereby authorized to do any and all things necessary or appropriate, and as counsel may advise, to effect such amendment of the Certificate of Incorporation.”

2.  Thereafter, pursuant to the foregoing resolutions, at the next annual meeting of stockholders of the Company which was duly called and held in accordance with said resolutions and with Sections 222 and 242 of said General Corporation Law on Wednesday, May 26, 2010 at 10:00 a.m., Eastern time, the proposed amendments were considered, a vote of the stockholders entitled to vote, by ballot, in person or by proxy, was taken for and against

the proposed amendments, and the holders of (i) a majority of the issued and outstanding shares of common stock of the Company, being the only class of stock authorized or issued and therefore the only stock entitled to vote on the amendment to increase the number of authorized shares, voted in favor of said amendment and (ii) more than two-thirds of the issued and outstanding shares of common stock of the Company, being the only class of stock authorized or issued and therefore the only stock entitled to vote on the amendment to eliminate cumulative voting, voted in favor of said amendment.

3.  The capital of the Company will not be reduced under or by reason of said amendments.

4.  The amendments hereinbefore set forth with respect to Article FOURTH and to Article NINTH of the Certificate of Incorporation of the Company have been duly adopted in accordance with the provisions of Section 242 of said General Corporation Law.

(Signatures to follow on next page)

IN WITNESS WHEREOF, THE SOUTHERN COMPANY has caused its corporate seal to be hereunto affixed and this certificate to be signed and acknowledged by David M. Ratcliffe, its President and Chief Executive Officer, and to be attested by Melissa K. Caen, its Assistant Secretary, this 27th day of May, 2010.

THE SOUTHERN COMPANY

By:     /s/ David M. Ratcliffe

David M. Ratcliffe

President and Chief Executive Officer

ATTEST:

By:      /s/ Melissa K. Caen

Melissa K. Caen

Assistant Secretary

EX-3.2

Exhibit 3.2

THE SOUTHERN COMPANY

BY-LAWS

As Amended Effective May 26, 2010

OFFICES.

 1.           The principal office of the Corporation shall be in the City of Wilmington, County of New Castle, State of Delaware.

The Corporation shall also have an office in Atlanta, Georgia.

The Corporation may have offices at such other places as the Board of Directors may from time to time determine.

SEAL.

 2.           The corporate seal shall have inscribed thereon the name of the Corporation, the year of its organization and the words "Corporate Seal, Delaware."

STOCKHOLDERS' MEETINGS.

 3.           All meetings of the stockholders shall be held at the office of the Corporation in the City of Wilmington, County of New Castle, State of Delaware, except such meetings as the Board of Directors expressly determine shall be held elsewhere in which case meetings may be held upon notice as hereinafter provided, at such other place or places within or without the State of Delaware as said Board of Directors may determine.

 4.           The annual meeting of the stockholders shall be held at 11:00 o'clock A.M. Eastern Standard Time on the fourth Wednesday in the month of May in each year, if not a legal holiday, and if a legal holiday, then on the next secular day following, at 11:00 o'clock A.M. Eastern Standard Time, when the stockholders entitled to vote thereon shall elect the Board of Directors and transact such other business as may be brought before the meeting.  At the annual meeting any business may be transacted, irrespective of whether the notice calling such meeting shall have contained a reference thereto.

The time and place named in these By-Laws for the annual meeting at which the Board of Directors is to be elected shall not be changed within sixty (60) days next before the day on which said election is to be held.  A notice of any change shall be given to each stockholder

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twenty days before the election is held, in person or by letter mailed to his last known post-office address.

 5.           At all meetings of the stockholders, the holders of a majority of the shares of the stock issued and outstanding and entitled to vote thereat present in person or represented by proxy shall constitute a quorum requi­site for the transaction of business, except as otherwise provided by law, by the Certificate of Incorporation or by these By-Laws.  If, however, a quorum shall not be present or represented at any meeting of the stockholders, the stockholders entitled to vote thereat, present in person or by proxy, shall have power to adjourn the meeting from time to time without notice other than announcement at the meeting, until the requisite amount of voting stock shall be present.  At such adjourned meeting at which the requisite amount of voting stock shall be represented, any business may be transacted which might have been transacted at the meeting as originally notified.

 6.           Each stockholder entitled to vote in accordance with the Certificate of Incorporation or any amendment thereof and in accordance with the provisions of these By-Laws or of any action taken pursuant thereto shall be entitled to one vote, in person or by proxy, for each share of stock entitled to vote held by such stockholder, but no proxy shall be voted on after three years from its date unless such proxy provides for a longer period.  Except where the transfer books of the Corporation shall have been closed or a date shall have been fixed as a record date for the determination of its stockholders entitled to vote, as hereinafter provided, no share of stock shall be voted on at any election for directors which shall have been transferred on the books of the Corporation within twenty days next preceding such election of directors.  The vote for directors, and, upon the demand of any stockholder, the vote upon any question before the meeting, shall be by ballot.  Each director shall be elected by the vote of the majority of the votes cast with respect to the director at any meeting for the election of directors at which a quorum is present; provided that if the number of nominees exceeds the number of directors to be elected, directors shall be elected by a plurality vote and each stockholder shall be entitled to as many votes as shall equal the number of his shares of stock multiplied by the number of directors to be elected, and he may cast all of such votes for a single director or may distribute them among the number to be voted for, or any two of them as he may see fit, which right when exercised shall be termed cumulative voting.  All other questions shall be decided by plurality vote except as otherwise provided by the Certificate of Incorporation and/or by the laws of the State of Delaware.  For purposes of this Section 6, a majority of the votes cast means that the number of shares voted “for” the election of a director must exceed the number of votes cast “against” the election of that director.

 7.           Written notice of the annual meeting shall be mailed to each stock­holder entitled to vote thereat, at such address as appears on the stock books of the Corporation, at least ten days prior to the meeting.  It shall be the duty of every stockholder to furnish to the Secretary of the Corporation or to the Transfer Agent, if any, of the class or series of stock owned by him, his post-office address and to notify said Secretary or Transfer Agent of any change therein.

 8.           At least ten days before every election of directors, the Secretary shall prepare and make or cause to be prepared and made, a complete list of the stockholders entitled to vote at said election, arranged in alphabetical order, with the residence of each, and the number of voting shares held by each.  Such list shall be open at the place where said election is to be held for said

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ten days, to the examination of any stockholder, and shall be produced and kept at the time and place of election during the whole time thereof, and subject to the inspection of any stockholder who may be present.

 9.           Special meetings of the stockholders, for any purpose or purposes, unless otherwise prescribed by statute, may be called by the Chairman of the Board or the President, and shall be called by the Chairman of the Board or President or Secretary upon the order in writing of a majority of or by resolution of the Board of Directors, or at the request in writing of stockholders owning ten percentum of the entire capital stock of the Corporation issued and outstanding and entitled to vote.  Such request or order shall state the purpose or purposes of the proposed meeting.  On failure by the Chairman of the Board or President or Secretary to call such special meeting when duly requested, the makers of such request or order may call such special meeting over their own signatures.

10.           Written notice of a special meeting of stockholders, stating the time and place and object thereof, shall be mailed, postage prepaid, or delivered, at least ten days before such meeting, to each stockholder entitled to vote thereat at his last known post-office address appearing on the books of the Corporation.  No business may be transacted at such meeting except that referred to in said notice, or in a supplemental notice given also in compliance with the provisions hereof.

JUDGES.

11.           At each meeting of the stockholders, the polls shall be opened and closed, the proxies and ballots shall be received and taken in charge of, all questions touching on the qualifications of voters and the validity of proxies and the acceptance and rejection of votes shall be decided, the number of shares voted shall be counted, the manner of voting said shares shall be ascertained, and the result of the voting shall be declared by two judges.  Such judges shall be appointed by the Board of Directors before or at the meeting, and if no such appointment shall have been made, then by the meeting.  If for any reason any of the judges previously appointed shall fail to attend or refuse or be unable to serve, judges in place of any so failing to attend or refusing or unable to serve shall be appointed either by the Board of Directors or by the stockholders' meeting.

DIRECTORS.

12.           The business of the Corporation shall be managed by a Board of Directors.  The number of directors which shall constitute the whole Board shall be fixed from time to time by resolution of the Board of Directors, but in no case shall be less than three.  Directors need not be stockholders.  Each director (whether elected at an annual meeting, or to fill a vacancy or newly created directorship or otherwise) shall hold office until his successor is elected and qualified or until his earlier resignation or removal.

Any director of this Corporation may resign at any time by giving written notice to the Chairman of the Board or President or Secretary of the Corporation.  Such resignation shall take effect at the time specified therein; and, unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

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13.           In case of any vacancies in the Board of Directors through death, resignation, disqualification, removal or other cause, the remaining directors if less than a quorum, by affirmative vote of a majority thereof, or, if a quorum, by a majority vote of such quorum, may elect a successor or successors, and the director or directors so chosen shall hold office until the next annual election and until their successor or successors shall be elected and qualified.

14.           The Board of Directors may hold their meetings and have one or more offices, and keep the books of the Corporation, at such place or places as they may from time to time determine.

15.           A person being a full-time executive employee of the Corporation or any of its subsidiaries when first elected a director of the Corporation (an "employee-director") shall not be eligible to serve as a director when not an executive employee, whether by reason of resignation, retirement or other cause; and a person not an employee-director shall not be eligible for election or re-election as a director of the corporation after his 70th birthday.

Any employee-director not eligible to serve as a director by reason of the foregoing provision shall be eligible to serve as an advisory director, as hereinafter provided for in Section 24 of these By­-Laws, until his 70th birthday.  The foregoing provisions with respect to the eligibility of a person not an employee-director to serve as a director shall not apply to any person so long as such person shall serve as a member of the Independent Litigation Committee established and designated by the Board of Directors on September 17, 1986.

In addition to the powers and authorities expressly conferred upon it by statute, by the Certificate of Incorporation and by these By-Laws, the Board of Directors may exercise all such powers of the Corporation and do all such lawful acts and things as may be done by the Corporation as are not by statute or by the Certificate of Incorporation or by these By-Laws directed or required to be exercised or done by the stockholders.

FEES OF DIRECTORS.

16.           Directors shall be reimbursed for expenses, if any, incurred in attending meetings of the Board of Directors and in otherwise performing duties as such directors.  Directors who perform no paid duties, as an officer, employee or otherwise than as a director, for the Corporation or any of its subsidiaries, may be paid by the Corporation such compensation for their services as directors or as members of a committee authorized by the Board of Directors as may from time to time be fixed by vote of a majority of the members of the Board of Directors or by the vote of the holders of a majority of that part of the capital stock of the Corporation having voting powers which is represented in person or by proxy at any annual meeting of stockholders or at any special meeting called for that purpose (provided that a lawful quorum of stockholders be there represented in person or by proxy).

MEETINGS OF THE BOARD.

17.           The newly elected Board may meet at such place and time as shall be fixed by the vote of the stockholders at the meeting at which such newly elected Board was elected, for the purpose of organization or otherwise, and no notice of such meeting shall be necessary to the newly elected directors in order legally to constitute the meeting, provided a quorum shall be present, or

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they may meet at such place and time as shall be stated in a notice given to such directors either personally or by mail or telegram two days prior to such meeting or as shall be fixed by the consent in writing of all the directors.

18.           Regular meetings of the Board may be held without notice at such time and place as shall from time to time be determined by the Board.

19.           Special meetings of the Board may be called by the Chairman of the Board or the President, on two days' notice to each director, by delivered letter, by mail or by telegram or by personal communication either over the telephone or otherwise; special meetings shall be called by the Secretary in like manner and on like notice, on the written request of two directors or on the request of the Chairman of the Board or the President.

20.           At all meetings of the Board of Directors, one-half of the number of directors then in office, or, if there shall be an odd number of directors, then a majority thereof, shall be necessary and sufficient to constitute a quorum for the transaction of business, and the act of a majority of the directors present at any meeting at which there is a quorum shall be the act of the Board of Directors, except as may be otherwise specifically permitted or provided by statute, or by the Certificate of Incorporation, or by these By-Laws.  If at any meeting of the Board there shall be less than a quorum present, a majority of those present may adjourn the meeting from time to time until a quorum is obtained, and no further notice thereof need be given other than by announcement at said meeting which shall be so adjourned.

COMMITTEES OF THE BOARD.

21.           The Board of Directors may, by resolution passed by a majority of the whole Board, designate one or more committees, each committee to consist of two or more of the directors of the Corporation, which to the extent provided in the resolution, shall have and may exercise powers of the Board of Directors in the management of the business and affairs of the Corporation.  The Board of Directors may designate one or more advisory directors to be a member or members of any such committee but no such advisory director shall have power to vote as a member of such committee.  The Board of Directors may also, by resolution adopted by a majority of a quorum of the Board, designate one or more committees with solely advisory functions, each such committee to consist of two or more of the directors and of such other persons as shall be specified in such resolution.  Such committee or committees shall have such name or names as may be determined from time to time by the Board of Directors.

22.           The term of office of each member of any such committee shall be for such period as may be from time to time determined by the Board of Directors but any member of any such committee may be removed at any time by the Board of Directors and shall cease to hold such office upon his ceasing to be a director (or advisory director) or upon his resigna­tion.  Vacancies in the membership of any such committee may be filled by the Board of Directors.  Except as otherwise determined by the Board of Directors, each such committee may establish its own rules of procedure but shall make a written report or recommendation to the Board of Directors upon completion of its duties or whenever requested by the Board.

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OFFICERS.

23.           The officers of the Corporation shall be chosen by the Board of Directors at its first meeting after each annual meeting of stockholders. The executive officers shall be the President, such one or more Vice ­Presidents and such other officers as the Board of Directors may from time to time determine.  The administrative officers shall be a Secretary and a Treasurer, and such one or more Assistant Secretaries and Assistant Treasurers as the Board may from time to time determine.  Any two or, except for the offices of President and Secretary, more offices may be held by the same person.  The President shall be chosen from among the members of the Board of Directors, but the other officers need not be members of the Board.

24.           The Board of Directors may at any time appoint or reappoint as an advisory director any person eligible to serve as such under the second paragraph of Section 15 of these By-Laws whose services as such will be, in the opinion of the Board of Directors, of value to the Corporation.  An advisory director shall be entitled to notice of and to attend and advise at, but not to vote at, meetings of the Board of Directors, and any committees thereof to which he shall be designated, and for his services may be paid, in the discretion of the Board of Directors, compensation and reimbursement of expenses on the same basis as if he were a director.  The term of office of each advisory director shall terminate on the earlier of the date when he ceases to be eligible for such position under said paragraph of Section 15 or, subject to reappointment, the date of the first meeting of the Board of Directors after the annual meeting of stockholders next following his appointment.

25.           The Board of Directors may appoint such other officers and agents as it shall deem necessary, who shall exercise such powers and perform such duties as shall be determined from time to time by the Board of Directors.

26.           Except as otherwise determined by the Board of Directors, the officers of the Corporation shall hold office until their successors are chosen and qualified.  Any officer may be removed at any time by the Board of Directors.  In the event of any vacancy occurring in any office of the Corporation by reason of death, resignation, removal or otherwise, such vacancy may be filled by, or in the manner prescribed by, the Board of Directors.  The Board of Directors may assign, or provide for the assignment or devolution of, the powers and duties of any officer to any other officer or agent of the Corporation.

POWERS AND DUTIES OF THE CHAIRMAN OF THE BOARD.

27.           The Board of Directors may from time to time in its discretion appoint from among the members of the Board of Directors a Chairman of the Board with such powers and duties as may be assigned to him from time to time by the Board.

POWERS AND DUTIES OF THE PRESIDENT.

28.           The President, subject to action by the Board of Directors, shall be the chief executive officer of the Corporation, shall have supervision and charge of all of the affairs of the Corporation, shall preside at all meetings of the Board of Directors and of stockholders, unless a Chairman of the Board has been appointed under Section 27; and shall perform and do all acts

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and things incident to the position of President and shall have such other powers and duties as may be assigned to him, from time to time, by the Board of Directors.

POWERS AND DUTIES OF VICE-PRESIDENTS.

29.           The Vice-Presidents shall exercise such of the powers and perform such of the duties of the President on behalf of the Corporation as may be respectively assigned to them from time to time by the Board of Directors or the President.  In the absence or inability of the President to act, the Executive Vice-President, if there shall be a Vice-President designated as such by the Board of Directors, or such Vice-President as shall have been designated by the Board of Directors for the purpose, or, in the event of the failure of the Board of Directors so to designate, then the Vice-President senior in service, or, in the absence or inability of such Vice-President to act, any Vice-President shall have and possess all of the powers and discharge all of the duties of the President, subject however to the Board of Directors.

POWERS AND DUTIES OF THE TREASURER.

30.           It shall be the duty of the Treasurer to have the care and custody of all the funds and securities of the Corporation which may come into his hands as Treasurer, and to endorse checks, drafts and other instruments for the payment of money for deposit or collection when necessary or proper and to deposit the same to the credit of the Corporation in such bank or banks or depository as the Board of Directors may designate, and he may endorse all commercial documents requiring endorsements for or on behalf of the Corporation.  He may sign all receipts and vouchers for the payments made to the Corporation.  He shall render an account of his transactions to the Board of Directors as often as the Board shall require the same.  He shall enter regularly in the books to be kept by him for that purpose, full and adequate account of all moneys received and paid by him on account of the Corporation.  He shall have charge of the supervision of the accounting system of the Corporation, including the preparation and filing of all reports required by law to be made to any and all public authorities and officials.  He shall perform all acts incident to the position of Treasurer, subject to the control of the Board of Directors.  He shall when requested, pursuant to vote of the Board of Directors, give a bond to the Corporation conditioned for the faithful performance of his duties, the expense of which bond shall be borne by the Corporation.

POWERS AND DUTIES OF THE SECRETARY.

31.           The Secretary shall be sworn to the faithful discharge of his duty. He shall act as custodian of the minutes of all meetings of the Board of Directors and of the stockholders; he shall attend to the giving and serving of all notices of the Corporation; and he shall attest the seal of the Corporation upon all contracts and instruments executed under such seal.  He shall have charge of the stock certificate book, transfer book and stock ledger, and such other books and papers as the Board of Directors may direct.  He shall, in general, perform all the duties of Secretary, subject to the control of the Board of Directors.

ASSISTANT SECRETARIES AND ASSISTANT TREASURERS.

32.           An Assistant Secretary or an Assistant Treasurer shall, in the absence or disability or at

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the request of the Secretary or Treasurer respectively, perform the duties of the Secretary or Treasurer respectively, and shall perform such other duties as may from time to time be imposed upon him by the Board of Directors or by the President.  The performance of any such duty shall be conclusive evidence of his right to act.

DUTIES OF OFFICERS MAY BE DELEGATED.

33.           In case of the absence of any officer of the Corporation, or for any other reason that the Board may deem sufficient, the Board may dele­gate, for the time being, the powers or duties, or any of them, of such officer to any other officer, or to any director.

TRANSFER AGENT AND REGISTRAR.

34.           The Board of Directors may appoint one or more Transfer Agents or Transfer Clerks and Registrars, and may require all stock certificates, certificates representing any rights or options and any written notices or statements relative to uncertificated stock to be signed by such Transfer Agents or Transfer Clerks acting on behalf of the Corporation and by such Registrars.

CERTIFICATES FOR SHARES.

35.           The shares of the Corporation shall be represented by a certificate or shall be uncertificated and shall be entered in the books of the Corporation and registered as they are issued.  Certificates shall be signed by, or in the name of the Corporation by, the President or a Vice-President or any other officer authorized by law and by the Treasurer or an Assistant Treasurer or the Secretary or an Assistant Secretary.

Within a reasonable time after the issuance or transfer of uncertificated stock, the Corporation shall send to the registered owner thereof a written notice containing the information required to be set forth or stated on certificates pursuant to the Delaware General Corporate Law or a statement that the Corporation will furnish without charge to each stockholder who so requests the powers, designations, preferences and relative participating, optional or other special rights of each class of stock or series thereof and the qualifications, limitations or restrictions of such preferences and/or rights.

Any of or all the signatures on a certificate may be facsimile.  In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate shall have ceased to be such officer, transfer agent or registrar before such certificate is issued, such certificate may be issued by the Corporation with the same effect as if he were such officer, transfer agent or registrar at the date of issue.

TRANSFER OF STOCK

36.           Upon surrender to the Corporation or the transfer agent of the Corporation of a certificate for shares duly endorsed or accompanied by proper evidence of succession, assignation or authority to transfer, it shall be the duty of the Corporation to issue a new certificate or evidence of the issuance of uncertificated shares to the person entitled thereto, cancel the old certificate

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and record the transaction upon the Corporations books.  Upon the receipt of proper transfer instructions from the registered owner of uncertificated shares, such uncertificated shares shall be cancelled, issuance of new equivalent uncertificated shares or certificated shares shall be made to the person entitled thereto and the transaction shall be recorded upon the books of the Corporation.

CLOSING TRANSFER BOOKS AND FIXING RECORD DATE.

37.           The Board of Directors shall have power to close the stock transfer books of the Corporation for a period not exceeding sixty days preceding the date of any meeting of stockholders or the date for payment of any dividend or the date for the allotment of rights or the date when any change or conversion or exchange of capital stock shall go into effect or for a period of not exceeding sixty days in connection with obtaining the consent of stockholders for any purpose; provided, however, that in lieu of closing the stock transfer books, the Board of Directors may fix in advance a date, not exceeding sixty days preceding the date of any meeting of stockholders, or the date for the payment of any dividend, or the date for the allotment of rights, or the date when any change or conversion or exchange of capital stock shall go into effect, or a date in connection with obtaining such consent, as a record date for the determination of the stockholders entitled to notice of, and to vote at, any such meeting or any adjournment thereof, or entitled to receive payment of any such dividend, or to any such allotment of rights, or to exercise the rights in respect of any such change, conversion or exchange of capital stock, or to give such consent, and in such case such stockholders and only such stockholders as shall be stockholders of record on the date so fixed shall be entitled to such notice of, and to vote at, such meeting and any adjournment thereof, or to receive payment of such dividend, or to receive such allotment of rights, or to exercise such rights, or to give such consent, as the case may be, notwithstanding any transfer of any stock on the books of the Corporation after any such record date fixed as aforesaid.

REGISTERED STOCKHOLDERS.

38.           The Corporation shall be entitled to treat the holder of record of any share or shares of stock or of any right or rights or option or options as the holder in fact thereof and accordingly shall not be bound to recognize any equitable or other claim to or interest in such share, right or option on the part of any other person, whether or not it shall have express or other notice thereof, save as expressly provided by the laws of Delaware.

LOST, STOLEN OR DESTROYED CERTIFICATES.

39.           The Corporation may issue a new certificate or certificates of stock or uncertificated shares in place of any certificate or certificates theretofore issued by the Corporation alleged to have been lost, stolen or destroyed, upon the making of an affidavit of that fact by the person claiming the certificate of stock to be lost, stolen, or destroyed when authorizing such issue of a new certificate or certificates or uncertificated shares, the Board of Directors may, in its discretion and as a condition precedent to the issuance thereof, require the owner of such lost, stolen or destroyed certificate or certificates, or his legal representative, to give the Corporation a bond in such sum as it may direct as indemnity against any claim that may be made against the Corporation with respect to the certificate alleged to have been lost, stolen or destroyed.

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ANNUAL REPORT AND INSPECTION OF BOOKS.

40.           The President shall make and present to the annual meeting of stock­holders a report showing a Balance Sheet and an Income Statement for the preceding fiscal year.  A copy of such report shall be mailed to each stockholder of the Corporation at least fifteen days in advance of the annual meeting of the Corporation.  Such report may also contain such other information and may be in such detail as the President and the Board of Directors may determine in their absolute discretion.

The stockholders of the Corporation by a majority vote at any meeting of stockholders duly called, or in case the stockholders shall fail to act, the Board of Directors shall have power from time to time to determine whether and to what extent and at what times and places and under what conditions and regulations the accounts and books of the Corporation (other than the stock ledger) or any of them, shall be open to the inspection of stockholders; and no stockholder shall have any right to inspect any account or book or document of the Corporation, except as conferred by statute or authorized by the Board of Directors or by a resolution of the stockholders.

CHECKS.

41.           All checks or demands for money and notes of the Corporation shall be signed by such officer or officers as the Board of Directors may from time to time designate.

FISCAL YEAR.

42.           The fiscal year shall begin the first day of January in each year, and shall end on the thirty-first day of December of such year.

NOTICES.

43.           Whenever under the provisions of these By-Laws notice is required to be given to any director, officer or stockholder, it shall not be con­strued to mean personal notice, unless otherwise provided in these By-Laws, but such notice may be given in writing, by mail, by depositing the same in a post-office or letterbox, in a post-paid wrapper, addressed to such stockholder, officer or director at such address as appears on the books of the Corporation, or, in default of other address, to such director, officer or stockholder at the General Post Office in the City of Wilmington, Delaware, and such notice shall be deemed to be given at the time when the same shall be thus mailed.

Notice need not be given of any adjourned meeting, special or regular of stockholders or directors other than by announcement at the meeting which is being adjourned.

Any stockholder, director or officer may waive any notice required to be given by statute or under the provisions of the Certificate of Incorporation or under these By-Laws, and such waiver shall be deemed equivalent to the notice so required; provided, always, that such waiver shall be

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in writing and signed by such stockholder, officer or director, or by his duly authorized attorney, whether before or after the meeting or the time stated therein notice of which is being waived.

ACTION IN RELIANCE UPON ORDERS OF REGULATORY BODIES.

44.           No present or future director or officer of the Corporation (or his heirs, executors and administrators) shall be liable for any act, omission, step or conduct taken or had in good faith which (whether by condition or otherwise) is required, authorized or approved by any order or orders issued pursuant to:  the Public Utility Holding Company Act of 1935; the Federal Power Act; or any state statute regulating the Corporation or its subsidiaries by reason of their being public utility companies or public utility holding companies; or any amendment to any thereof.  In any action, suit or proceeding based on any act, omission, step or conduct, as in this By-Law described, the provisions hereof shall be brought to the attention of the Court.  In the event that such provisions are found by the Court not to constitute a valid defense on the grounds of not being applicable to the particular class of plaintiff, each such director and officer (and his heirs, executors and administrators) shall be reimbursed for, or indemnified against, all expenses and liabilities incurred by him or imposed on him, in connection with, or arising out of, any such action, suit or proceeding based on any act, omission, step or conduct taken or had in good faith as in this By-Law described.  Such expenses and liabilities shall include, but shall not be limited to, judgments, court costs and attorneys' fees.  The foregoing rights shall not be exclusive of any other rights to which any director or officer may otherwise be entitled and shall be available whether or not the director or officer continues to be a director or officer at the time of incurring such expenses and liabilities.

INDEMNIFICATION AND RELATED MATTERS.

45.           Each person who is or was a director or officer of the Corporation and who was or is a party or was or is threatened to be made a party to any threatened, pending or completed claim, action, suit or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that he is or was a director or officer of the Corporation, or is or was serving at the request of the Corporation as a director, officer, employee, agent or trustee of another corporation, partnership, joint venture, trust, employee benefit plan or other enterprise, shall be indemnified by the Corporation as a matter of right against any and all expenses (including attorneys' fees) actually and reasonably incurred by him and against any and all claims, judgments, fines, penalties, liabilities and amounts paid in settlement actually incurred by him in defense of such claim, action, suit or proceeding, including appeals, to the full extent permitted by applicable law.  The indemnification provided by this Section shall inure to the benefit of the heirs, executors and administrators of such person.

Expenses (including attorneys' fees) incurred by a director or officer of the Corporation with respect to the defense of any such claim, action, suit or proceeding may be advanced by the Corporation prior to the final disposition of such claim, action, suit or proceeding, as authorized by the Board of Directors in the specific case, upon receipt of an undertaking by or on behalf of such person to repay such amount unless it shall ultimately be determined that such person is entitled to be indemnified by the Corporation under this Section or otherwise; provided, however, that the advancement of such expenses shall not be deemed to be indemnification unless and until it shall ultimately be determined that such person is entitled to be indemnified by

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the Corporation.

The Corporation may purchase and maintain insurance at the expense of the Corporation on behalf of any person who is or was a director, officer, employee or agent of the Corporation, or any person who is or was serving at the request of Corporation as a director (or the equivalent), officer, employee, agent or trustee of another corporation, partnership, joint venture, trust, employee benefit plan or other enterprise, against any liability or expense (including attorneys' fees) asserted against him and incurred by him in any such capacity, or arising out of his status as such, whether or not the Corporation would have the power to indemnify him against such liability or expense under this Section or otherwise.

The foregoing rights shall not be exclusive of any other rights to which any such director or officer may otherwise be entitled and shall be available whether or not the director or officer continues to be a director or officer at the time of incurring any such expenses and liabilities.

If any word, clause or provision of the By-Laws or any indemnification made under Section 44 or Section 45 hereof shall for any reason be determined to be invalid, the provisions of the By-Laws shall not otherwise be affected thereby but shall remain in full force and effect.  The masculine pronoun, as used in the By-Laws, means the masculine and feminine wherever applicable.

AMENDMENTS.

46.           The By-Laws of the Corporation may be altered, amended or repealed (a) at any meeting of the Board of Directors by the vote of a majority of the entire Board then in office, or (b) by the vote of the holders of a majority of that part of the capital stock of the Corporation having voting powers which is represented in person or by proxy at any annual meeting of stockholders or at any special meeting called for that purpose (provided that a lawful quorum of stockholders be there represented in person or by proxy), or (c) without a meeting by the written consent of the holders of all of the issued and outstanding capital stock of the Corporation having voting powers; provided, however, that the Board of Directors shall not have power to alter, amend or repeal the provisions of Sections 5, 44 or 46 of the By-Laws and provided, further, that an alteration, amendment or repeal of any other provision of the By-Laws by the Board of Directors shall cease to be effective unless submitted to and ratified or approved at the next annual or special meeting at which a lawful quorum of stock­holders is represented in person or by proxy by the vote of the holders of a majority of that part of the capital stock of the Corporation having voting powers which is represented in person or by proxy at such meeting.

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