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. 5)(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, Lyle, 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 1of 23 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. 5 PAGE 2 OF 12 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 [ ]
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. 5 PAGE 3 OF 12 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 [ ]
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. 5 PAGE 4 OF 12 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 40,829 Shares
EACH 9 SOLE DISPOSITIVE POWER
REPORTING None
PERSON 10 SHARED DISPOSITIVE POWER
WITH 40,829 Shares
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,829 Shares
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.8%
14 TYPE OF REPORTING PERSON
IN
CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 5 PAGE 5 OF 12 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 [ ]
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. 5 PAGE 6 OF 12 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 [ ]
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. 5 PAGE 7 OF 12 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 [ ]
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. 5 PAGE 8 OF 12 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 [ ]
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. 5 PAGE 9 OF 12 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 [ ]
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. 5 PAGE 10 OF 12 PAGES
INTRODUCTORY NOTE
This Amendment No. 5 to Statement on Schedule 13D (this "Amendment No.
5") is filed with the Securities and Exchange Commission ("SEC" or the
"Commission") 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. 5 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, as
joint filers, on November 3, 1998 (the "Original Filing"), and Amendment Nos. 1,
2, 3 and 4 thereto filed by R. C. Corr, Jr., each of the Reporting Persons, and
certain other persons, as joint filers, on December 31, 1998, March 22, 1999,
March 17, 2000, and March 12, 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.
The Reporting Persons are filing this Amendment No. 5 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. 5 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. 5, each of the Reporting Persons agrees
that this Amendment No. 5 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.
ITEM 4. PURPOSE OF TRANSACTION.
As previously reported, the Issuer has disclosed in multiple filings
with the SEC that it and its principal subsidiary, Community Bank, are the
subject of certain ongoing investigations by bank regulatory agencies and law
enforcement authorities. Both the Issuer and the Reporting Persons have also
previously disclosed in certain filings by such parties with the SEC that
certain lawsuits are pending, including those specifically described in Item 4
of Amendment No. 4 to Statement on Schedule 13D. In light of the serious nature
of the ongoing investigations and pending litigation, the Reporting Persons
concluded that a change in the Board of Directors and management of the Issuer
is necessary and in the best interests of all the shareholders of the Issuer.
Accordingly, in accordance with the nomination procedures set forth in the
Issuer's Bylaws, Corr, Inc. nominated Bryan A. Corr, Sr. on March 7, 2002, to
fill one of the vacancies on the Board of Directors subject to election at the
CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 5 PAGE 11 OF 12 PAGES
Issuer's 2002 Annual Meeting of Stockholders (the "Annual Meeting").
Nevertheless, at the time of such nomination, the Reporting Persons did not
determine whether they would take any additional actions with respect to Mr.
Corr's nomination, including the solicitation of proxies in connection
therewith.
After determining that there had been no change in the circumstances
involving the Issuer following the filing of the Issuer's proxy materials with
the SEC, Corr, Inc. has determined that it should communicate with the other
stockholders of the Issuer in connection with a proposed solicitation of proxies
to elect Mr. Corr as a Director of the Issuer at the Annual Meeting. In this
connection, Corr, Inc. has demanded and received the Issuer's stocklist
materials. In addition, certain of the Reporting Persons have made a proposal to
the Issuer for the settlement of all previously disclosed pending litigation
with the Issuer, its principal subsidiary and certain of its officers and
Directors.
Except as described in this Item 4, including the settlement of all
previously disclosed pending litigation, 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 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 May 10, 2002. 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. 5, which discussions are hereby incorporated
herein by reference.
CUSIP NO. 20343H 10 6 13D, AMENDMENT NO. 5 PAGE 12 OF 12 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. 5 is true, complete and correct.
Dated: May 23, 2002.
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, Treasurer 600 Third Avenue East
600 Third Avenue East 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)
Tina M. Corr (2) Employee - Corr Wireless 600 Third Avenue East
600 Third Avenue East Communications, LLC (5) Oneonta, Alabama 35121
Oneonta, Alabama 35121 Employee - Corr Wireless
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 - Currier Oneonta, Alabama 35121
Oneonta, Alabama 35121 Asset Management, Inc. (7)
Christy C. Chandler (3) Employee - Shelby County Board of 5640 Cahaba Valley Road
100 Fourth Avenue West 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 Company, Oneonta, Alabama 35121
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 Doris S. Corr,
individually and as personal representative of the Estate of R. C.
Corr, Jr., and Bryan A. Corr, Sr. Doris S. Corr and Bryan A. Corr, Sr.
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 40,829(5) * -- 40,829
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 4,826,601 shares of Common
Stock reported by the Issuer as being outstanding on May 10, 2002.
(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 100,000 shares of Common Stock that are the subject of
a lawsuit 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., Community Bank, Inc., Kennon
R. Patterson, Sr., Denny G. Kelly, Bishop K. Walker, et al. Civil
Action No. CV-00-260-OHJ, which was filed in the Circuit Court of
Blount County, Alabama on October 13, 2000. In this
lawsuit, the plaintiffs allege that the defendants, which consist of
Hugh Don Camp, Sr., his son, 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 of 100,000 shares of Common Stock owned by him, and that the
defendants entered into an illegal conspiracy to tortiously interfere
with such contract. All of the shares of Common Stock to have been
purchased in this transaction 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 and (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) Held with Bryan A. Corr, Sr. as a joint tenant with right of
survivorship.
(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