-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, M1hXFvDRNR12koaSp6Q/g46gc+QyLHOzO2Fr8ilbZ9S7XtUGcjIYXVR7e93TqvHS whqI8mgr59sBkfC0/vLL5A== 0000950144-03-009127.txt : 20030731 0000950144-03-009127.hdr.sgml : 20030731 20030731130918 ACCESSION NUMBER: 0000950144-03-009127 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030731 GROUP MEMBERS: CHRISTY C. CHANDLER GROUP MEMBERS: CORR, INC. GROUP MEMBERS: DORIS S. CORR GROUP MEMBERS: JOAN M. CURRIER GROUP MEMBERS: JOHN DAVID CURRIER, JR. GROUP MEMBERS: JOHN DAVID CURRIER, SR. GROUP MEMBERS: TINA M. CORR SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COMMUNITY BANCSHARES INC /DE/ CENTRAL INDEX KEY: 0000752195 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 630868361 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-41163 FILM NUMBER: 03813914 BUSINESS ADDRESS: STREET 1: MAIN ST P O BOX 1000 CITY: BLOUNTSVILLE STATE: AL ZIP: 35031 BUSINESS PHONE: 2054291000 MAIL ADDRESS: STREET 1: MAIN STREET PO BOX 1000 CITY: BLOUNTSVILLE STATE: AL ZIP: 35031 FORMER COMPANY: FORMER CONFORMED NAME: BLOUNTSVILLE BANCSHARES INC DATE OF NAME CHANGE: 19860602 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CORR BRYAN A CENTRAL INDEX KEY: 0001072560 IRS NUMBER: 630373495 STATE OF INCORPORATION: AL FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: P.O BOX 1500 CITY: ONEONTA STATE: AL ZIP: 35121 BUSINESS PHONE: 2056253581 SC 13D/A 1 g83902sc13dza.txt COMMUNITY BANCSHARES, INC. / BRYAN A. CORR SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ---------- SCHEDULE 13D (RULE 13D-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(A) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(A) (AMENDMENT NO. 7)(1) COMMUNITY BANCSHARES, INC. (Name of Issuer) Common Stock, par value $.10 per share (Title of Class of Securities) 20343H 10 6 (CUSIP Number) J. Fred Kingren, Esq. Feld, Hyde, Wertheimer & Bryant, P.C. 2000 SouthBridge Parkway, Suite 500 Birmingham, Alabama 35209 (205) 802-7575 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) General Update (Date of Event Which Requires Filing of this Statement) If the Reporting Person has previously filed a Statement on Schedule 13G to report the acquisition that is the subject of this Statement on Schedule 13D, and is filing this Statement on Schedule 13D because of Rule 13d-1(e), 13d- 1(f) or 13d-1(g), check the following box [ ]. Note: Statements on Schedule 13D filed in paper format shall include a signed original and five copies of the Statement on Schedule 13D, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 21 Pages) - -------- (1) The remainder of this Cover Page shall be filled out for the Reporting Person's initial filing of this Statement on Schedule 13D with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior Cover Page. The information required on the remainder of this Cover Page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act. CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 2 OF 21 PAGES 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Doris S. Corr 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS Not Applicable 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF 7 SOLE VOTING POWER SHARES 160,356 Shares BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 151,362 Shares EACH 9 SOLE DISPOSITIVE POWER REPORTING 160,356 Shares PERSON 10 SHARED DISPOSITIVE POWER WITH 151,362 Shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 311,718 Shares 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 3 OF 21 PAGES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.5% 14 TYPE OF REPORTING PERSON IN CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 4 OF 21 PAGES 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Bryan A. Corr, Sr. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS Not Applicable 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF 7 SOLE VOTING POWER SHARES 14 Shares BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 192,191 Shares EACH 9 SOLE DISPOSITIVE POWER REPORTING 14 Shares PERSON 10 SHARED DISPOSITIVE POWER WITH 192,191 Shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 192,205 Shares 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 5 OF 21 PAGES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.0% 14 TYPE OF REPORTING PERSON IN CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 6 OF 21 PAGES 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Tina M. Corr 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS Not Applicable 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF 7 SOLE VOTING POWER SHARES None BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 160,829 Shares EACH 9 SOLE DISPOSITIVE POWER REPORTING None PERSON 10 SHARED DISPOSITIVE POWER WITH 160,829 Shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 160,829 Shares 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 7 OF 21 PAGES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.3% 14 TYPE OF REPORTING PERSON IN CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 8 OF 21 PAGES 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Joan M. Currier 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS Not Applicable 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF 7 SOLE VOTING POWER SHARES None BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 7,880 Shares EACH 9 SOLE DISPOSITIVE POWER REPORTING None PERSON 10 SHARED DISPOSITIVE POWER WITH 7,880 Shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,880 Shares 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 9 OF 21 PAGES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .2% 14 TYPE OF REPORTING PERSON IN CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 10 OF 21 PAGES 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) John David Currier, Sr. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS Not Applicable 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF 7 SOLE VOTING POWER SHARES None BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 7,880 Shares EACH 9 SOLE DISPOSITIVE POWER REPORTING None PERSON 10 SHARED DISPOSITIVE POWER WITH 7,880 Shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,880 Shares 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 11 OF 21 PAGES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .2% 14 TYPE OF REPORTING PERSON IN CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 12 OF 21 PAGES 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Christy C. Chandler 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS Not Applicable 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF 7 SOLE VOTING POWER SHARES 10,454 Shares BENEFICIALLY 8 SHARED VOTING POWER OWNED BY None EACH 9 SOLE DISPOSITIVE POWER REPORTING 10,454 Shares PERSON 10 SHARED DISPOSITIVE POWER WITH None 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,454 Shares 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 13 OF 21 PAGES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .2% 14 TYPE OF REPORTING PERSON IN CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 14 OF 21 PAGES 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) John David Currier, Jr. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS Not Applicable 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF 7 SOLE VOTING POWER SHARES 10,454 Shares BENEFICIALLY 8 SHARED VOTING POWER OWNED BY None EACH 9 SOLE DISPOSITIVE POWER REPORTING 10,454 Shares PERSON 10 SHARED DISPOSITIVE POWER WITH None 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,454 Shares 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 15 OF 21 PAGES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .2% 14 TYPE OF REPORTING PERSON IN CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 16 OF 21 PAGES 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Corr, Inc. (f/k/a Oneonta Telephone Company, Inc.) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS Not Applicable 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION State of Alabama NUMBER OF 7 SOLE VOTING POWER SHARES None BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 120,000 Shares EACH 9 SOLE DISPOSITIVE POWER REPORTING None PERSON 10 SHARED DISPOSITIVE POWER WITH 120,000 Shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 120,000 Shares 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 17 OF 21 PAGES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.5% 14 TYPE OF REPORTING PERSON CO CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 18 OF 21 PAGES INTRODUCTORY NOTE This Amendment No. 7 to Statement on Schedule 13D (this "Amendment No. 7") is filed with the Securities and Exchange Commission ("SEC") by Doris S. Corr, Bryan A. Corr, Sr., Tina M. Corr, Joan M. Currier, John David Currier, Sr., Christy C. Chandler (f/k/a Christina M. Currier), John David Currier, Jr. and Corr, Inc. (f/k/a Oneonta Telephone Company, Inc.), as joint filers (individually, a "Reporting Person", and, collectively, the "Reporting Persons"), with respect to the shares of the Common Stock, par value $ .10 per share ("Common Stock"), of Community Bancshares, Inc., a Delaware corporation (the "Issuer"). This Amendment No. 7 amends Items 2, 4, 5 and 6 of the Statement on Schedule 13D filed by R. C. Corr, Jr. and each of the Reporting Persons, except John David Currier, Jr., as joint filers, on November 3, 1998 (the "Original Filing"), and Amendment Nos. 1, 2, 3, 4, 5 and 6 thereto filed by R. C. Corr, Jr., certain of the Reporting Persons, and certain other persons, as joint filers, on December 31, 1998, March 22, 1999, March 17, 2000, March 12, 2002, May 23, 2002 and June 18, 2002, respectively. R.C. Corr, Jr., who was included as a Reporting Person in the Original Filing and Amendment Nos. 1, 2 and 3 thereto, died on June 22, 2001. All of the shares of Common Stock owned by R.C. Corr, Jr. on the date of his death are now owned by his widow, Doris S. Corr. John David Currier, Jr. was not included as a Reporting Person in the Original Filing and Amendment Nos. 1, 2 and 3 thereto because all of the shares of Common Stock reflected herein as owned by John David Currier, Jr. outright were previously reflected in those filings as being beneficially owned by Doris S. Corr and Joan M. Currier, as co-custodians for John David Currier, Jr. The Reporting Persons are filing this Amendment No. 7 because they may be deemed a "group" for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, although each of the Reporting Persons disclaims any membership in, and the existence of, such a group other than the group which has been previously reported and is now comprised of Doris S. Corr, Bryan A. Corr, Sr., Tina M. Corr, Joan M. Currier, John David Currier, Sr., Christy C. Chandler, John David Currier, Jr. and Corr, Inc. Neither the filing of this Amendment No. 7 nor any statement contained herein shall be deemed to be an admission by any of the Reporting Persons that any other group exists. Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person assumes responsibility for the accuracy or completeness of information furnished by another Reporting Person. By executing this Amendment No. 7, each of the Reporting Persons agrees that this Amendment No. 7 is filed on behalf of such Reporting Person. ITEM 2. IDENTITY AND BACKGROUND. Certain information with respect to each of the Reporting Persons is set forth on Schedule I, which is attached hereto and incorporated herein by reference. During the past five years, none of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), nor has any of the Reporting Persons been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or State securities laws or finding any violation with respect to such laws. Each of the Reporting Persons, with the exception of Corr, Inc., is a citizen of the United States of America. Corr, Inc. is an Alabama corporation. CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 19 OF 21 PAGES ITEM 4. PURPOSE OF TRANSACTION. As previously reported, the Issuer and certain of the Reporting Persons are parties to multiple lawsuits* regarding the Issuer and its principal subsidiary, Community Bank (the "Bank"). In connection with the Issuer's apparent efforts to settle certain litigation to which it is currently a party, the Reporting Persons have entered into discussions with representatives of the Issuer regarding the potential settlement of all litigation to which they, the Issuer and the Bank are parties. Although the outcome of these discussions is uncertain, and no settlement agreements have been entered into, the resolution of this litigation may include the redemption by the Issuer of its preferred share purchase rights issued under the Rights Plan adopted by the Issuer on January 7, 1999 (the "Rights Plan") and certain changes in the present Boards of Directors and management of the Issuer and the Bank. One of the lawsuits previously disclosed by the Issuer and certain of the Reporting Persons now styled Doris Corr, individually and as Personal Representative of the Estate of R.C. Corr, Jr. v. Hugh Don Camp, Sr., Don T. Camp, Community Bancshares, Inc., Kennon R. Patterson, Sr., Denny G. Kelly, Bishop K. Walker, et al., Civil Action No. CV-00-260-OHJ, was filed in the Circuit Court of Blount County, Alabama in October 2000. In this lawsuit, the plaintiffs, which include certain of the Reporting Persons, allege that the defendants consisting of Hugh Don Camp, Sr., Don T. Camp, the Issuer, its principal subsidiary and certain of its officers and Directors, breached or induced Hugh Don Camp, Sr. to breach a contract between him and the plaintiffs for the purchase by the plaintiff of 100,000 shares of Common Stock of the Issuer then owned by him (the "Camp Shares"), and that the Defendants entered into an illegal conspiracy to tortiously interfere with such contract. On September 16, 2002, the plaintiffs filed a proof of claim in the amount of $938,350 in the Chapter 11 bankruptcy proceeding filed by Hugh Don Camp, Sr., Case No. 01-06844-TBB-11, in the United States Bankruptcy Court for the Northern District of Alabama, Southern Division (the "Bankruptcy Court"). Pursuant to the Bankruptcy Court's Order dated January 17, 2003, Don T. Camp transferred to the Bankruptcy Estate of Hugh Don Camp, Sr. (the "Bankruptcy Estate") the Camp Shares, together with 507 additional shares of the Issuer's Common Stock (collectively, the "Bankruptcy Estate Shares"). The Trustee of the Bankruptcy Estate subsequently contacted the Reporting Persons to inquire whether they would be interested in purchasing the Bankruptcy Estate Shares. The Reporting Persons may have an interest in purchasing the Bankruptcy Estate Shares, but are unable to pursue discussions with the Trustee of the Bankruptcy Estate. They are unable to do so inasmuch as the Issuer has not redeemed its preferred share purchase rights issued under its Rights Plan or confirmed to the Reporting Persons that they are no longer part of a group of the Issuer's stockholders that has been designated by the Issuer as an "adverse person" under the Rights Plan. Except as described in this Item 4, none of the Reporting Persons has any plans or proposals as of the date hereof that relate to, or would result in, (i) the acquisition by any person of additional securities of the Issuer or the disposition of any such securities, (ii) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries, (iii) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries, (iv) any change in the present Board or management of the Issuer, including any plans - -------------------------- * These lawsuits include (i) Estate of R. C. Corr, Jr.; Doris S. Corr; Bryan A. Corr, Sr.; Tina M. Corr; Joan M. Currier; John David Currier; and Corr, Inc. f/k/a Oneonta Telephone Company, Inc. v. Kennon R. Patterson, Sr.; Kennon R. Patterson, Jr.; Glynn Debter; Stacey Mann; Merritt Robbins; Bishop K. Walker, Jr.; Roy B. Jackson; Loy McGruder; Robert O. Summerford; Denny G. Kelly; Jimmie Trotter; John J. Lewis, Jr.; Hodge Patterson; Edward Ferguson; Community Bancshares, Inc.; Community Bank, Inc., et al., Civil Action No. CV-00-216-OHJ, filed on September 14, 2000, in the Circuit Court of Blount County, Alabama; (ii) Doris Corr, individually and as Personal Representative of the Estate of R.C. Corr, Jr. v. Hugh Don Camp, Sr., Don T. Camp, Community Bancshares, Inc., Kennon R. Patterson, Sr., Denny G. Kelly, Bishop K. Walker, et al., Civil Action No. CV-00-260-OHJ, filed on October 13, 2000, in the Circuit Court of Blount County, Alabama; and (iii) Community Bancshares, Inc. and Community Bank v. Bryan A. Corr, Sr., Doris S. Corr, individually and as Executrix of the Estate of R.C. Corr, Jr., deceased, Tina M. Corr, Corr, Inc. f/k/a Oneonta Telephone Company, Inc., George Melvin Barnett, Michael A. Bean, Michael W. Alred, R. Wayne Washam, M. Lewis Benson, Doris E. Benson, John M. Packard, Jr., and Andy Mann, Civil Action No. CV-01-N-2835-S, filed on November 6, 2001, in the United States District Court for the Northern District of Alabama, Southern Division. CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 20 OF 21 PAGES or proposals to change the number or term of Directors or to fill any existing vacancies on the Board, (v) any material change in the present capitalization or dividend policy of the Issuer, (vi) any other material change in the Issuer's business or corporate structure, (vii) changes in the Issuer's charter or Bylaws or other actions which may impede the acquisition of control of the Issuer by any person, (viii) causing a class of securities of the Issuer to be delisted from any national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association, (ix) causing a class of equity securities of the Issuer to become eligible for termination of registration pursuant to Section 12 (g)(4) of the Exchange Act, or (x) any action similar to any of those enumerated in clauses (i) through (ix) above. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a), (b) The Reporting Persons beneficially own an aggregate of 381,349 shares of Common Stock, constituting approximately 7.9% of the shares of Common Stock reported by the Issuer as being outstanding on June 9, 2003. Schedule II, which is attached hereto and incorporated herein by reference, sets forth certain information with respect to the shares of Common Stock owned by each Reporting Person and the power of each Reporting Person to vote or to dispose of the shares of Common Stock owned by such Reporting Person. Each Reporting Person disclaims beneficial ownership of the shares of Common Stock beneficially owned by each of the other Reporting Persons except to the extent reflected in the notes to Schedule II. (c) Not applicable. (d) No person other than the Reporting Persons has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock beneficially owned by the Reporting Persons. (e) Not applicable. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. There are no other contracts, arrangements, understandings or relationships (legal or otherwise) to which any of the Reporting Persons is a party with respect to any shares of Common Stock, except those discussed in Items 4 and 5 of this Amendment No. 7, which discussions are hereby incorporated herein by reference. ------------------------- CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 7 PAGE 21 OF 21 PAGES SIGNATURES After reasonable inquiry and to the best of his, her or its knowledge and belief, each of the Reporting Persons does hereby certify that the information set forth in this Amendment No. 7 is true, complete and correct. Dated: July 31, 2003. DORIS S. CORR -------------------------------------------- Doris S. Corr BRYAN A. CORR, SR. -------------------------------------------- Bryan A. Corr, Sr. TINA M. CORR -------------------------------------------- Tina M. Corr JOAN M. CURRIER -------------------------------------------- Joan M. Currier JOHN DAVID CURRIER, SR. -------------------------------------------- John David Currier, Sr. CHRISTY C. CHANDLER -------------------------------------------- Christy C. Chandler JOHN DAVID CURRIER, JR. -------------------------------------------- John David Currier, Jr. CORR, INC. (f/k/a Oneonta Telephone Company, Inc.) By: BRYAN A. CORR, SR. ----------------------------------------- Bryan A. Corr, Sr. Its President and Chief Executive Officer SCHEDULE I INFORMATION RELATING TO REPORTING PERSONS
Principal Business Address of Corporation or Organization in Name and Business Present Principal Which Principal or Residence Address of Occupation of Occupation of Reporting Reporting Person Reporting Person Person is Conducted - ----------------------- ----------------- --------------------------- Doris S. Corr (1) Vice President, Secretary, 600 Third Avenue East 600 Third Avenue East Treasurer and a Director - Oneonta, Alabama 35121 Oneonta, Alabama 35121 Corr, Inc. (4) Bryan A. Corr, Sr. (1) (2) President, Chief Executive Officer, 600 Third Avenue East 600 Third Avenue East and a Director - Oneonta, Alabama 35121 Oneonta, Alabama 35121 Corr, Inc. (4) Employee - Corr Wireless Communications, LLC (5) Tina M. Corr (2) Director - Corr, Inc. (4) 600 Third Avenue East 600 Third Avenue East Employee - Corr Wireless Oneonta, Alabama 35121 Oneonta, Alabama 35121 Communications, LLC (5) Joan M. Currier (1)(3) President, Secretary, Treasurer, a 100 Fourth Avenue West 100 Fourth Avenue West Director and an Employee - Oneonta, Alabama 35121 Oneonta, Alabama 35121 Comfort Lifestyles, Inc. (6) John David Currier, Sr. (3) President, Secretary, Treasurer, a 100 Fourth Avenue West 100 Fourth Avenue West Director and an Employee - Oneonta, Alabama 35121 Oneonta, Alabama 35121 Currier Asset Management, Inc. (7) Christy C. Chandler (3) Employee - Shelby County Board 5640 Cahaba Valley Road 100 Fourth Avenue West of Education Birmingham, Alabama 35242 Oneonta, Alabama 35121 John David Currier, Jr. (3) Full-time student - Foy Student Union 100 Fourth Avenue West Auburn University Auburn, Alabama 36830 Oneonta, Alabama 35121 Corr, Inc. (4) 600 Third Avenue East (f/k/a Oneonta Telephone Oneonta, Alabama 35121 Company, Inc.) 600 Third Avenue East Oneonta, Alabama 35121
- ------------------------ (1) Bryan A. Corr, Sr. and Joan M. Currier are the children of R. C. Corr, Jr., who died on June 22, 2001, and Doris S. Corr. (2) Bryan A. Corr, Sr. and Tina M. Corr are spouses. (3) Joan M. Currier and John David Currier, Sr. are spouses. Christy C. Chandler and John David Currier, Jr. are the children of Joan M. Currier and John David Currier, Sr. (4) All of the outstanding shares of Corr, Inc., an Alabama corporation (f/k/a Oneonta Telephone Company, Inc.), are held by (i) Doris S. Corr, individually and as Trustee of the Marital Trust created under the Richard C. Corr, Jr. Management Trust dated May 15, 2000, (ii) Bryan A. Corr, Sr., individually and as Trustee of the Marital Trust created under the Richard C. Corr, Jr. Management Trust dated May 15, 2000, and (iii) Tina M. Corr. Doris S. Corr, Bryan A. Corr, Sr. and Tina M. Corr serve Corr, Inc. in the positions indicated in this Schedule I. Corr, Inc. has no other officers or Directors. Corr, Inc. is the holding company of CWC (as hereinafter defined). (5) Corr Wireless Communications, LLC ("CWC"), an Alabama limited liability company (f/k/a North Alabama Cellular, LLC and CorrComm, LLC), is a wholly owned subsidiary of Corr, Inc. The principal business of CWC is operating, acquiring, constructing and disposing of cellular telephone systems in north Alabama. (6) The principal business of Comfort Lifestyles, Inc. is the operation of a domiciliary in Oneonta, Alabama. (7) The principal business of Currier Asset Management, Inc. is the operation of a golf course located in Oneonta, Alabama. I-2 SCHEDULE II INFORMATION RELATING TO BENEFICIAL OWNERSHIP OF SHARES OF COMMON STOCK OF THE ISSUER BY THE REPORTING PERSONS
Number and Percentage of Number of Shares of Number of Shares of Shares of Common Stock With Common Stock With Common Stock Respect to Which the Respect to Which the Beneficially Owned Reporting Person Has Reporting Person Has Name of ------------------------------ Sole Voting and Shared Voting and Reporting Person Number Percentage(1) Dispositive Power Dispositive Power ----------------- ------------- ------------ -------------------- -------------------- Doris S. Corr 311,718(2)(3) 6.5% 160,356 151,362 Bryan A. Corr, Sr. 192,205(4) 4.0% 14 192,191 Tina M. Corr 160,829(5) 3.3% -- 160,829 Joan M. Currier 7,880(6) * -- 7,880 John David Currier, Sr. 7,880(7) * -- 7,880 Christy C. Chandler 10,454 * 10,454 -- John David Currier, Jr. 10,454 * 10,454 -- Corr, Inc. 120,000 2.5% -- 120,000 (f/k/a Oneonta Telephone Company, Inc.) Doris S. Corr, Bryan A. Corr, 381,349 7.9% 181,278 200,071 Sr., Tina M. Corr, Joan M. Currier, John David Currier, Sr., Christy C. Chandler, John David Currier, Jr. and Corr, Inc. as a Group
- ------------------- (1) Percentages are determined on the basis of 4,806,553 shares of Common Stock reported by the Issuer as being outstanding on June 9, 2003. (2) Includes (i) 10,454 shares held as Co-custodian with Bryan A. Corr, Sr. for her minor granddaughter, Lauren M. Corr, (ii) 10,454 shares held as Co-custodian with Bryan A. Corr, Sr. for her minor granddaughter, Kelly B. Corr, (iii) 10,454 shares held as Co-custodian with Bryan A. Corr, Sr. for her minor grandson, Bryan A. Corr, Jr., and (iv) 120,000 shares held by Corr, Inc. (f/k/a Oneonta Telephone Company, Inc.). (3) Does not include the Camp Shares discussed in Item 4 of this Amendment No. 7, which discussion is hereby incorporated herein by reference. All of the Camp Shares were to have been held of record by R.C. Corr, Jr. and Doris S. Corr, as joint tenants with right of survivorship, but Doris S. Corr, individually and as personal representative of the Estate of R.C. Corr, Jr., does not beneficially own any of such shares of Common Stock presently. (4) Includes (i) 40,829 shares held with Tina M. Corr as a joint tenant with right of survivorship, (ii) 10,454 shares held as Co-custodian with Doris S. Corr for his minor daughter, Lauren M. Corr, (iii) 10,454 shares held as Co-custodian with Doris S. Corr for his minor daughter, Kelly B. Corr, (iv) 10,454 shares held as Co-custodian with Doris S. Corr for his minor son, Bryan A. Corr, Jr., and (v) 120,000 shares held by Corr, Inc. (5) Includes (i) 40,829 shares held with Bryan A. Corr, Sr. as a joint tenant with right of survivorship and (ii) 120,000 shares held by Corr, Inc. (6) Held with John David Currier, Sr. as a joint tenant with right of survivorship. (7) Held with Joan M. Currier as a joint tenant with right of survivorship. * Less than 1%. II-2 -----END PRIVACY-ENHANCED MESSAGE-----