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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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) August 15, 1997
FIRST CHESAPEAKE FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
VIRGINIA 0-21912 54-1624428
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
9100 ARBORETUM PARKWAY, SUITE 160, RICHMOND, VIRGINIA 23236
(Address of principal executive offices)
Registrant's telephone number, including area code (804) 320-0160
(Former name or former address, if changed since last report.) Not applicable
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ITEM 5. OTHER EVENTS
The Board of Directors appointed Richard N. Chakejian, Jr. to the Board
of Directors on August 15, 1997. Mr. Chakejian becomes the third member
of First Chesapeake Financial Corporation's Board of Directors filling
the vacancy resulting from the resignation of C. Harril Whitehurst, Jr.
previously reported. Mr. Chakejian has spent most of his career
developing and opening full service retail dry cleaning/laundering
centers in the Philadelphia, Pennsylvania area. He is the Chief
Executive Officer of Tri-State Linen Company, Chief Operating Officer of
Ascadin Cleaners, Inc., and Chief Executive Officer of Bala Corp., a
company which markets and leases real estate. He has a BA Degree in
Economics and Political Science from Ohio Wesleyan University.
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SIGNATURE
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 hereto duly authorized.
FIRST CHESAPEAKE FINANCIAL CORPORATION
Date: September 4, 1997 By: Max E. Gray
Max E. Gray, Chairman, President
and Chief Executive Officer
