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First Potomac seeks to facilitate 'shareholder-friendly changes'

First Potomac Realty Trust is seeking a charter change that would allow shareholders to amend its bylaws by a majority vote.

The company's board recommends a vote for the amendment at its annual meeting of shareholders May 23. A majority vote would allow the shareholders to easily introduce "shareholder-friendly changes" regarding how the company is governed, First Potomac said in a release.

The power of bylaw amendment lies with the board of trustees.