-5-
directors were Frank Barnes, Jr., John Barnes, Willard K.
Gaillard, Edwin Barnes, and Ladson Barnes, Jr.
In 1912, E.L. Barnes acquired the stock of Rock Hill. Rock
Hill has been owned and operated by the Barnes family for more
than 80 years. The Barnes family has taken steps (described
below) to preserve its control of Rock Hill. There have been no
sales of Rock Hill common stock since 1912.
Frank Barnes, Jr., and Edwin Barnes began working for Rock
Hill in 1946. Frank Barnes, Jr., was president, chief executive
officer, and chairman of the board of directors in 1992. Edwin
Barnes was its secretary and treasurer in 1992. John Barnes was
one of Rock Hill's vice presidents in 1992.
Four members of the fourth generation of the Barnes family
(i.e., great-grandchildren of E.L. Barnes) worked for Rock Hill
3(...continued)
Estate of Francis M. Barnes 13,642 8.28
Charles Douglas Barnes 1,831 1.11
Anne B. Grant 1,645 1.00
Bryant G. Barnes 1,620 0.98
Frank S. Barnes, III 1,620 0.98
Mary Anne G. Barnes 430 0.26
Louise B. Barnes 580 0.35
Susan Sanders Barnes 1,500 0.91
Frances Talbert Barnes 1,536 0.93
Jean D. Barnes 430 0.26
John M. Barnes, Jr. 1,831 1.11
J. Barnes, Jr., & C. Barnes,
Trustees 338 0.21
Jean S. Barnes 1,493 0.91
Susan B. Ellis 36 0.02
Total 164,760 100.00%
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Last modified: May 25, 2011