<DOCUMENT>
<TYPE>EX-99.77Q1 OTHR EXHB
<SEQUENCE>3
<FILENAME>peoboardsize.txt
<TEXT>
On  September  8, 2005, due to the death of a director,  the
Board  of Directors voted to amend the Corporation's By-laws
to   reduce  the  size  of  the  Board  to  nine  directors.
Accordingly,  the  third sentence  of  Section  3.1  of  the
Corporation's  By-laws was amended to state: The  number  of
directors is fixed at nine. On November 10, 2005, due to the
resignation of a director and the election by the  Board  of
Directors of two new directors, the Board voted to amend the
Corporation's By-laws to increase the size of the  Board  to
ten  directors,  effective November 10, 2005.   Accordingly,
the  third sentence of Section 3.1 of the Corporation's  By-
laws  was amended to state: The number of directors is fixed
at ten.
</TEXT>
</DOCUMENT>
