OCR Text |
Show ed to receive the value of their shares In cash if and when the merger becomes effective by making written demand to Walker Bank & Trust Company at any time within 30 days after the effective ef-fective date of the merger. Such a written demand must be accompanied by the surrender sur-render of the dissenting stockholder's stock certificates. certifi-cates. The value of shares of Milford State Bank held by dissenting stockholders shall be determined as of the date of the May 18, 1979 special meeting of stockholders stock-holders In accordance ,with the statutory appraisal procedure pro-cedure set forth in Section 7-6-5, Utah Code Annotated 1953, as amended. Dated 'this 23rd day of April, 1979. S.G. Hickman President Published in the Beaver County News April 26 and May 3, 1979. NOTICE OF SPECIALMEETING OF STOCKHOLDERS OF MILFORD STATE BANK TO BE HELD MAY 18, 1979 Pursuant to Section 7 -6 -5, Utah Code Annotated, 1953, as amended, notice is hereby here-by given that a special meeting meet-ing of the stockholders of Milford State Bank will be held on May 18, 1979, in the offices of Milford State Bank, Milford, Utah, for the purpose of voting on the approval of the Agreement of Merger between Walker Bank & Trust Company and Milford State Bank. The Agreement of Merger, which provides for the merger of Milford State Bank with and into Walker Bank & Trust Company, must be approved by a vote of two -thirds of the outstanding voting stock of Milford State Bank. A copy of the Agreement of Merger is enclosed for your information. Dissenting stockholders will be entitled to the payment pay-ment of the value of only those shares which are voted against approval of the Agreement of Merger. Stockholders who vote their shares against approval of the merger shall be entitl- |