SECURITY BANK HOLDING CO
S-8, EX-4, 2000-10-17
STATE COMMERCIAL BANKS
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                                  EXHIBIT 4.1

                          SPECIMEN STOCK CERTIFICATE


Number                  INDEPENDENT FINANCIAL NETWORK                   Shares
                        Experts in Community Banking

              INCORPORATED UNDER THE LAWS OF THE STATE OF OREGON

                                                              See Reverse Side
                                                       For Certain Definitions

                                                            CUSIP  453854 10 1

THIS CERTIFIES THAT _______________________

is the owner of


     FULLY  PAID AND  NON-ASSESSABLE  SHARES OF THE COMMON  STOCK,  OF THE PAR
VALUE OF $5.00 PER SHARE, of

                         INDEPENDENT FINANCIAL NETWORK

                                    COMMON

transferable  only on the books of the  Corporation  by the  holder  hereof in
person or by Attorney upon surrender of this certificate properly endorsed.

     IN WITNESS  WHEREOF,  the said Corporation has caused this certificate to
be signed by the facsimile signatures of its duly authorized officers.

Dated:  _____________

      /s/ Linda Goodwin                               /s/ Charles D. Brummel
      ----------------------                          ----------------------
      Secretary/Treasurer                             President

     The Corporation  will furnish to any shareholder upon request and without
charge a full  statement of the  designations,  preferences,  limitations  and
relative  rights of the shares of each class  authorized  to be issued and the
variations in the relative rights and  preferences  between the shares of each
series of a class of shares as far as the same have been fixed and  determined
and the  authority of the Board of directors to fix and determine the relative
rights and preferences of the subsequent series.

     The following abbreviations,  when used in the inscription on the face of
this  certificate,  shall be construed as though they were written out in full
according to applicable laws or regulations:




                                 Ex. 4.1 - 1
<PAGE>

<TABLE>

<S>                                             <C>
TEN COM - as tenants in common                  Oregon custodians use the following:

TENENT -  as tenants by the entireties          (Name) CUST UL OREG (Name) MIN-_______________ as
                                                 Custodian under the laws of Oregon, for
                                                 ______________________________, a minor
JT TEN -  as joint tenants with right
  OR      of survivorship and not as
JT TEN -  tenants in common                      Custodians under law of other States use the
 WROS                                            following:
                                                 (Name) CUST (Name) UNIF GIFT MIN ACT --
                                                 ________________ as Custodian for
                                                 _________________________, a minor
                                                 Under ___________________Uniform Gifts to Minors
                                                 Act        (State)
</TABLE>

     Additional abbreviations may also be used though not in the above list.

For value received _____ hereby sell, assign and transfer unto

Please insert social security or other identifying number of assignee:

------------------------------------------------------------------------------
            Please Print or Typewrite Name and Address of Assignee

------------------------------------------------------------------------------

------------------------------------------------------------------------------

----------------------------------------------------------------------- shares
of the capital  stock  represented  by the within  Certificate,  and do hereby
irrevocably constitute and appoint

--------------------------------------------------------------------- Attorney
to transfer the said stock on the books of the  within-named  Corporation with
full power of substitution in the premises.

Dated
                    ----------------------------------------------------------
                    Notice:  The signature to this  assignment must correspond
                    with the name as written upon the face of the  certificate
                    in every particular  without  alteration or enlargement or
                    any change whatever.

SIGNATURE GUARANTEED

All  guarantees  must be made by a  financial  institution
(such as a bank or broker) which is a  participant  in the
securities  transfer agents medallion  program  ("STAMP"),
the New York  Stock  Exchange,  Inc.  medallion  signature
program  (SEMP")  and must not be dated.  Guarantees  by a
Notary Public are not acceptable.




                                 Ex. 4.1 - 2



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