Albemarle First Bank Responds to Two Shareholder Proposals.CHARLOTTESVILLE Charlottesville (shär`lətsvĭl), city (1990 pop. 40,341), seat of Albemarle co., central Va., on the Rivanna River, in a Piedmont farm region known for its apples; founded 1762, chartered as a city 1888. , Va. -- Albemarle First Bank (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : AFBK) stated today that, during the week of December 13, 2004, it has received two separate proposals from shareholders for possible consideration at the Bank's 2005 Annual Meeting of Shareholders. Both of these proposals relate to Board consideration of strategies for enhancing shareholder value, including a possible merger or sale of the Bank. Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM). The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs M. Boyd, President of the Bank, stated that the Bank would address both proposals promptly and in the manner required by law. Mr. Boyd also stated, "the Bank's Board of Directors is well aware of its duties and responsibilities and is and has been focusing on strategies for enhancing shareholder value. On this point, we all have a common interest. The Board will continue to address these and other Board issues in accordance Accordance is Bible Study Software for Macintosh developed by OakTree Software, Inc.[] As well as a standalone program, it is the base software packaged by Zondervan in their Bible Study suites for Macintosh. with its good faith business judgment of the best interests of the Bank and all of its shareholders." |
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