SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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):
November 14, 2003 (November 14, 2003)
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COMMUNITY BANCSHARES, INC.
(Exact Name of Registrant as Specified in Its Charter)
DELAWARE
(State or Other Jurisdiction of Incorporation)
0-16461
(Commission File Number)
63-0868361
(I.R.S. Employer Identification Number)
68149 MAIN STREET
BLOUNTSVILLE, ALABAMA 35031
(Address of Principal Executive Offices)
(205) 429-1000
(Registrant's Telephone Number, Including Area Code)
NOT APPLICABLE
(Former Name or Former Address, If Changed From Last Report)
ITEM 5. OTHER EVENTS
On November 14, 2003 the Registrant mailed to each of its stockholders
a Notice of Proposed Settlement dated November 13, 2003 (the "Notice"), an Order
of the Circuit Court of Blount County dated November 11, 2003 (the "Order"), and
a Stipulation and Agreement of Pro Tanto Settlement (the "Stipulation")
concerning a proposed settlement of the lawsuits styled Benson et al. v.
Community Bancshares, Inc. et al and Packard et al v. Sheffield Electrical
Contractors, Inc. et al. Copies of the Notice, Order, and Stipulation are filed
as Exhibits 99.1, 99.2 and 99.3, respectively, hereto, which are incorporated
herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) The following exhibits are filed herewith:
Exhibit Number Description
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99.1 Notice to Stockholders of the Registrant dated November 13, 2003
99.2 Order of the Circuit Court of Blount County, Alabama dated November 11, 2003
99.3 Stipulation and Agreement of Pro Tanto Settlement
SIGNATURES
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 hereunto duly authorized.
COMMUNITY BANCSHARES, INC.
By: /s/ Patrick M. Frawley
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Patrick M. Frawley
Chairman, Chief Executive Officer and President
Date: November 14, 2003
EXHIBIT INDEX
Exhibit Number Description
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99.1 Notice to Stockholders of the Registrant dated November 13, 2003
99.2 Order of the Circuit Court of Blount County, Alabama dated November 11, 2003
99.3 Stipulation and Agreement of Pro Tanto Settlement