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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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 14, 1997
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Commercial Bancshares, Inc.
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(Exact Name of Registrant as Specified in Charter)
Ohio 0-27894 34-1787239
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State or Other Jurisdiction (Commission File IRS Employer
Of Incorporation Number) Identification No.
118 South Sandusky Avenue, Upper Sandusky, Ohio 43351
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (419) 294-5781
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5 - OTHER EVENTS
The normal monthly meeting of the Board of Directors of Commercial
Bancshares, Inc. was held on May 14, 1997. At this meeting, the Board declared a
3 for 1 split of the corporation's common stock, to be effected as a dividend,
for shareholders of record on June 13, 1997. A cash dividend was also declared
in the amount of thirty five cents per post-split share. The distribution date
for these dividends is June 30, 1997. The number of shares outstanding will
increase from 347,152 to 1,041,456 as a result of the split.
Also at this meeting, three of the Board's Directors, namely William T.
Gillen, B.E. Beaston, and Hazel D. Franks, announced their intention to resign
from the Board over the next several months. Directors Gillen and Beaston will
be retiring in September, 1997, and Director Franks will retire during the first
quarter, 1998. Each of the Directors had their own personal reasons for
retiring.
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.
Commercial Bancshares, Inc.
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(Registrant)
Date May 20, 1997 /s/ JAMES A. DEER
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James A. Deer, Secretary
