SCHEDULE 14A INFORMATION
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 Rule 14a-11(c)
or Rule 14a-12
GOLDEN ISLES FINANCIAL HOLDINGS, INC.
(Name of Registrant as Specified in Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the
Registrant)
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[ x] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-
6(i)(1) and 0-11.
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transaction computed pursuant to Exchange Act Rule 0-
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GOLDEN ISLES FINANCIAL HOLDINGS, INC.
200 Plantation Chase
St. Simons Island, Georgia 31522
February 13, 1997
Dear Shareholders:
Many of you have asked us about what will occur between now
and the special stockholders' meeting scheduled for March 11, 1997
and what will occur at the meeting. Your Board of Directors
wanted to let you know what you can expect.
At the special meeting, the shareholders will vote on two
proposals made by Mr. Greg Junkin, Mr. Scott Junkin and Mr. Paul
Lockyer (collectively, the Junkin Group). The first proposal is
to remove certain present directors from the Board and elect two
new directors named by the Junkin Group. The second proposal is
to enlarge the Board by five members and to elect five additional
members to be named by the Junkin Group.
The Board voted 6 to 2 (with only Mr. Greg Junkin and Mr.
Paul Lockyer voting against) to oppose the two proposals. Within
the next couple of days, the Board will be sending you proxy
material describing why it opposes these proposals, along with an
orange proxy card asking you to vote against these proposals.
Mr.Greg Junkin has sent separate proxy materials soliciting
support for the proposals, along with a proxy card asking you to
vote in favor of the proposals. WE STRONGLY ENCOURAGE YOU TO
CAREFULLY READ BOTH PROXY STATEMENTS BEFORE CHOOSING THE CARD
NAMING YOUR SELECTED PROXIES AND CASTING YOUR VOTE.
You do not have to vote by way of the proxy card. You may
come to the meeting and vote in person if you choose. Even if you
return a proxy card, you may still come to the meeting and vote in
person if you choose. Sending in the proxy card does not preclude
you from attending the meeting or from casting your vote in
person. ABOVE ALL, IT IS IMPORTANT THAT YOU VOTE - EITHER
BY SENDING IN A PROXY CARD AND/OR COMING TO THE SPECIAL MEETING.
If you have any questions, please feel free to contact any
one of the undersigned directors.
February 13, 1997
Page 2
Very truly yours,
/s/ L. Mac Harden
L. Mac Harden
/s/ Kermit Keenum
Kermit Keenum
/s/ Jimmy D. Veal
Jimmy D. Veal
/s/ Michael D. Hodges
Michael D. Hodges
/s/ Russell C. Jacobs, Jr.
Russell C. Jacobs, Jr.
/s/ J. Thomas Whelchel
J. Thomas Whelchel
