SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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.
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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