UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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) . . . . . . . . July 13, 1999
First National Bankshares Corporation
(Exact name of registrant as specified in its charter)
West Virginia 33-14252 62-1306172
(State or other juris- (Commission File No.) (IRS Employer Ident-
diction of corporation) ification No.)
One Cedar Street
Ronceverte, West Virginia 24970
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code (304) 647-4500
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Not Applicable
(Former name or former address, if changes since last report)
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Item 5. Other Events
On July 30, 1999, First National Bankshares Corporation ("First
National"), a West Virginia corporation and registered bank holding company
announced that its board of directors, in a regular meeting held July 27, 1999,
had resolved to propose to shareholders of First National an amendment to First
National's articles of incorporation increasing authorized common stock from
500,000 shares, par value $5.00, to 10,000,000 shares, par value $1.00, and if
such amendment is approved, to declare a 5 for 1 split of First National's
192,903 issued and outstanding shares of common stock.
The proposed amendment and split are contingent upon approval by First
National shareholders.
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.
First National Bankshares Corporation
July 30, 1999 By /S/ L. Thomas Bulla
(Date) L. Thomas Bulla
President and Chief Executive
Officer
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