COMMON STOCK
NUMBER ___                                            ___ SHARES

                  COMMUNITY NATIONAL CORPORATION

                                               CUSIP 204000 10 3
This certifies that 


is the owner of

Fully paid and nonassessable shares of common stock, par value
$1.00 per share, of

Community National Corporation (the "Corporation"), a corporation
organized under the laws of the State of Tennessee.  The shares
represented by this certificate are transferable only on the
stock transfer books of the Corporation by the holder of record
hereof, or by his duly authorized attorney or legal
representative upon the surrender of this certificate property
endorsed.  This certificate is not valid until countersigned and
registered by the Corporation's transfer agent and registrar.

THIS SECURITY IS NOT A DEPOSIT OR ACCOUNT AND IS NOT FEDERALLY
INSURED OR GUARANTEED.

IN WITNESS WHEREOF, the Corporation has caused this certificate
to be executed by the facsimile signatures of its duly authorized
officers and has caused a facsimile of its corporate seal to be
hereunto affixed.

Dated:

/s/  Arba Milam Taylor                   /s/ Howard W. Tignor
____________________________             _____________________
Arba Milam Taylor                        Howard W. Tignor
Secretary                                President and Chief
                                          Executive Officer

Countersigned and Registered:
   

                            By: _____________________________
                                 Transfer Agent and Registrar

                                _____________________________
                                 Authorized Signature

                      [CORPORATE SEAL]

- -----------------------------------------------------------------
     The Charter includes a provision which imposes certain
restrictions on the voting rights of beneficial owners of more
than 10% of any class of equity security of the Corporation
unless the acquisition of shares in excess of 10% is approved by
a two-thirds vote of the Continuing Directors (as such term is
defined in the Corporation's Charter).  The Corporation will
furnish without charge to each stockholder who so requests
information relating to the voting restrictions on more than 10%
beneficial owners.
- -----------------------------------------------------------------


     The shares represented by this certificate are issued
subject to all the provisions of the Charter and Bylaws of the
Corporation as from time to time amended (copies of which are on
file at the principal executive office of the Corporation), to
all of which the holder by acceptance hereof assents.

     The Corporation will furnish without charge to each
stockholder who so requests, the designations, relative rights,
preferences and limitations, determined for each series (and the
authority of the Board of Directors to determine variations for
future series) of each class of stock or series thereof that the
Corporation is authorized to issue, participating, optional or
other special rights of each class of stock or series thereof and
the qualifications, limitations or restrictions of such
preferences and/or rights.  Such request may be made in writing
to the Secretary of the Corporation.

     The following abbreviations, when used in the inscription on
the face of this Certificate, shall be construed as though they
were written out in full according to applicable laws or
regulations:

TEN COM -     as tenants in common
TEN ENT -     as tenants by the entireties
JT TEN  -     as joint tenants with right of survivorship and not
              as tenants in common
UNIF TRANSFER MIN ACT - ..........Custodian.......... under 
                          (Cust)              (Minor)
Uniform Transfers to Minors Act.......................
                                       (State)

     Additional abbreviations may also be used though not in the
above list.

NOTE:  THE SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND WITH THE
NAME OF THE STOCKHOLDER(S) AS WRITTEN UPON THE FACE OF THE
CERTIFICATE IN EVERY PARTICULAR, WITHOUT ALTERATION OR
ENLARGEMENT OR ANY CHANGE WHATEVER. 

     FOR VALUE RECEIVED, _______________________________ HEREBY
SELL, ASSIGN AND TRANSFER UNTO

PLEASE INSERT SOCIAL SECURITY OR OTHER
  IDENTIFYING NUMBER OF ASSIGNEE
 ________________________________
/_______________________________/
_________________________________________________________________
(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE,
OF ASSIGNEE)
_________________________________________________________________
__________________________________________________________ Shares
of the common stock evidenced by this certificate, and do hereby
irrevocably constitute and appoint ____________________________,
Attorney, to transfer the said shares on the books of the
Corporation, with full power of substitution.


Dated _______________________     _____________________________
                                  Signature


                                  _____________________________
                                  Signature

In presence of: ___________________________