-4-
1. Ownership of Rock Hill
At all times relevant to this case, Rock Hill had
outstanding 80,000 shares of voting stock2 and 164,760 shares of
nonvoting common stock.3 The members of Rock Hill's board of
2 On Dec. 22, 1992, immediately before the gifts in
question, the voting common stock of Rock Hill was held as
follows:
Shareholder Number of shares Percentage
Estate of Ladson A. Barnes 33,348 41.69%
Edwin L. Barnes 13,866 17.33
John M. Barnes 13,867 17.33
Frank S. Barnes, Jr. 13,867 17.33
Rebecca B. Francis, Trustee 3,000 3.75
for Ladson Barnes, Jr., Trust
Oma W. Barnes 1,655 2.07
Ladson A. Barnes, Jr. 397 .50
Total 80,000 100.00%
3 On Dec. 22, 1992, immediately before the gifts in
question, the nonvoting common stock of Rock Hill was held as
follows:
Shareholder Number of shares Percentage
Estate of Ladson A. Barnes 68,198 41.39%
Edwin L. Barnes 18,893 11.47
John M. Barnes 18,156 11.02
Frank S. Barnes, Jr. 18,198 11.05
Rebecca B. Francis, Trustee 0 0
Oma W. Barnes 3,262 1.98
Ladson A. Barnes, Jr. 6,340 3.85
Edwin L. Barnes, Jr. 1,536 0.93
Mary Lea B. Tyler 1,645 1.00
(continued...)
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011