EXHIBIT 1.1
[PICTURE OF EAGLE APPEARS HERE]
COMMON STOCK COMMON STOCK
NUMBER SHARES
SS
SEE REVERSE FOR
CERTAIN DEFINITIONS
CUSIP 840486 10 2
INCORPORATED UNDER THE LAWS OF THE STATE OF NORTH CAROLINA
SOUTH STREET FINANCIAL CORPORATION
ALBEMARLE, N.C.
THIS IS TO CERTIFY THAT
IS THE OWNER OF
FULLY PAID AND NONASSESSABLE SHARES OF THE COMMON STOCK, NO PAR VALUE OF
SOUTH STREET FINANCIAL CORPORATION
transferable on the books of the Corporation by the holder hereof in person or
by duly authorized Attorney upon surrender of this Certificate properly
endorsed. The security evidenced by this Certificate is not a deposit account
or savings account and is not federally insured or guaranteed. This Certificate
shall not be valid until countersigned and registered by the Transfer Agent and
Registrar.
WITNESS the facsimile seal of the Corporation and the signatures of its duly
authorized officers.
Dated:
[SIGNATURE OF SECRETARY [SOUTH STREET /s/Carl M. Hill
APPEARS HERE] FINANCIAL CORP.
SEAL APPEARS
SECRETARY HERE] PRESIDENT AND CHIEF
EXECUTIVE OFFICER
++++++++++++++++++++++++++++++++++++++++++++++
+ COUNTERSIGNED AND REGISTERED: +
+ +
+ TRANSFER AGENT AND REGISTRAR +
+ BY +
+ +
+ AUTHORIZED SIGNATURE +
++++++++++++++++++++++++++++++++++++++++++++++
SOUTH STREET FINANCIAL CORPORATION
The Corporation will furnish in any shareholder upon request and without
charge a copy of the Articles of Incorporation and Bylaws of the Corporation,
which set forth certain other provisions with respect to acquisition of shares
of the Corporation, as well as a description of the Corporation's authorized
common and preferred stock and other provisions affecting stockholder rights and
corporate governance.
The following abbreviations, when used in the Inscription on the face or
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 UNIF GIFT MIN ACT - Custodian
TEN ENT - as tenants by the entireties ----------- -----------
JT TEN - as joint tenants with right of (Cust) (Minor)
survivorship and not as tenants under Uniform Gifts to Minors
in common Act
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(state)
Additional abbreviations may also be used though not in the above list
For value received, herby sell,
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assign and transfer unto
PLEASE INSERT SOCIAL SECURITY
OR OTHER IDENTIFYING
NUMBER OF ASSIGNEE
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(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING
ZIP CODE OF ASSIGNEE)
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shares
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of the Capital Stock represented by the within Certificate, and do herby
irrevocably constituto and appoint
Attorney
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to transfer the said stock on the books of the with in named Corporation with
full power of substitution in the premises.
Dated
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NOTICE: THE SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND
WITH THE NAME AS WRITTEN UPON THE FACE OF THE
CERTIFICATE IN EVERY PARTICULAR ,WITHOUT ALTERATION
OR ENLARGEMENT OF ANY CHANGE WHATEVER.
SIGNATURE(S) GUARANTEED:
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THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE
GUARANTOR INSTITUTION (BANKS, STOCKHOLDERS, SAVINGS
AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH
MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE
MEDALLION PROGRAM) PURSUANT TO S.E.C. RULE 17Ad-16.
KEEP THIS CERTIFICATE IN A SAFE PLACE. IF IT IS LOST, STOLEN, MUTILATED OR
DESTROYED, THE CORPORATION WILL REQUIRE A BOND OF INDEMNITY AS A CONDITION
TO THE ISSUANCE OF A REPLACEMENT CERTIFICATE.
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AMERICAN BANK NOTE COMPANY JUlY 15, 1996 fm
3504 ATLANTIC AVENUE 045223bk
SUITE 12
LONG BEACH, CA 90807
(310)989-2333
(FAX) (310) 426-7450 proof NEW
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