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PROXY STATEMENT PURSUANT TO SECTION 14(A)
OF THE SECURITIES EXCHANGE ACT OF 1934
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, for use of the Commission Only (as permitted by Rule
14a-6(e)(2))
[ ] Definitive Proxy Statement
[ ] Definitive Additional Materials
[X] Soliciting Material Pursuant to ss. 240.14a-11(c) or ss. 240.14a-12
COMMUNITY BANCSHARES, INC.
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(Name of Registrant as Specified in Its Charter)
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(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.
(1) Title of each class of securities to which transaction applies:_____
(2) Aggregate number of securities to which transaction applies:________
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (Set forth the amount on which
the filing fee is calculated and state how it was determined):
(4) Proposed maximum aggregate value of transaction:____________________
(5) Total fee paid:_____________________________________________________
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange Act
Rule 0-11(a)(2) and identify the filing for which the offsetting fee
was paid previously. Identify the previous filing by registration
statement number, or the Form or Schedule and the date of its filing.
(1) Amount previously paid:____________________________________________
(2) Form, Schedule or Registration Statement No.:______________________
(3) Filing Party:______________________________________________________
(4) Date Filed:________________________________________________________
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THANK YOU
The directors and management of Community Bancshares, Inc. appreciate the
resounding vote of confidence extended to us by our shareholders. They voted
clearly in support of the company's performance, its services and its policy of
independent, locally-operated, community-centered banks.
We know that you, our friends and neighbors, are partners in sharing a vision of
expanding services and prudent growth. We believe we will succeed because of
your confidence and support.
[graphic of traffic light]
WE PROMISE
To continue providing you with a wide range of financial options that are
responsive to your needs and the needs of your home communities.
To always be responsible stewards of your money and your investment.
To keep looking out for new opportunities to grow your company.
Shareholders, Employees and Customers of:
Community Bancshares, Inc.
Thank You
WE COUNTED ON YOU ... YOU CAN COUNT ON US
Your friends at Community Bancshares, Inc.
Facing the future ...
Together
CERTAIN ADDITIONAL INFORMATION REQUIRED BY THE SECURITIES AND EXCHANGE
COMMISSION: Community Bancshares, Inc. (the "Company") solicited proxies for the
1999 Annual Meeting of Stockholders of the Company to vote for election of the
Board of Directors' nominees to serve as directors of the Company and for
approval of the Company's proposals. Such proxies were voted against proposals
presented at the Annual Meeting by certain members of the so-called Stockholders
for Integrity and Responsibility. The following individuals, each of whom is a
member of the Board of Directors of the Company, may be deemed to be
participants in the solicitation of such proxies and, as of March 1, 1999,
beneficially owned the number of shares of the Company's common stock indicated:
Glynn Debter, 37,067 shares; Roy B. Jackson, 5,000 shares; Denny G. Kelly,
370,000 shares; John J. Lewis, Jr., 43,667 shares; Loy McGruder, 58,022 shares;
Hodge Patterson, III, 80,077 shares; Kennon R. Patterson, Sr., 863,456 shares;
Merritt M. Robbins, 184,908 shares; Robert O. Summerford, 116,867 shares; Bishop
K. Walker, Jr., 569,479 shares; and R. Wayne Washam, 39,069 shares.
