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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) April 18, 1998
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CITIZENS FINANCIAL CORP.
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(Exact name of registrant as specified in its charter)
DELAWARE 2-96144 55-0666598
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(State of other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification #)
211 Third Street; Elkins, West Virginia 26241
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (304) 636-4095
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(Former name or former address, if changed since last report)
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Item 5. Other Events
At its annual meeting of shareholders on April 18, 1998, Citizens Financial
Corp.'s shareholders approved an amendment to the Company's Certificate of
Incorporation increasing the number of authorized shares of common stock from
one million two hundred fifty thousand (1,250,000) to two million two hundred
fifty thousand (2,250,000), the par value per share remaining two dollars
($2.00). This amendment is intended to assure that an adequate supply of
authorized, unissued shares is available for general corporate purposes.
Currently there are no specific plans for the use of such stock, however.
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SIGNATURES
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 thereunto duly authorized.
CITIZENS FINANCIAL CORP.
4/21/98 By /s/ Thomas K. Derbyshire
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Date Thomas K. Derbyshire
Treasurer
