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Howard Bancorp shareholders approve amendment to company's charter

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Howard Bancorp shareholders approve amendment to company's charter

Shareholders of Baltimore-based Howard Bancorp Inc. approved an amendment to the company's charter, to allow stockholders of the company to amend its bylaws.

The shareholders also voted in favor of amendments to the company's charter to change the current supermajority vote requirement to amend certain sections of the charter to a majority vote standard.

They also approved a nonbinding advisory proposal regarding the frequency of shareholder advisory vote on executive compensation.