HomeMy WebLinkAbout0930 EXHIBIT A
i
~ PLAN OF MERCER
OF
. SU?NHl~NK MORTGAGE COMPAIdY
MITH AND INTO
TRUST CO1~+~ANY MORTGAGE
~
I.
CONSTITUENT CORPORATIONS
Th~ nam~e of the corporations proposinq to caerq~ ar~ Sunbank
~ 1 Mortqaq• Company, a Florida corporation ("Sunbank Mortqaq~
i ~
Compaay") and Trust CosQpany Mortqa~s, a Georqia corporation ;
;
f ~
; , ("Truat Company Mortqaq~").
~ ~ II.
~ ~EB
€
* Purauan?t to Stction 14-2-217 ot th• Georqia Husineas
€
~ Gorporation Cod• and Saction 607.234 ot th~ Elorids Business
F
i
~ Corporation Lav, Sunbank Mortqaq• Company shall be merqed (th~
~
~ "Merysr"} with and into Trust Company Mortqaq• at th• tim• the
r M~rq~r bacom~a •ttactiv~ pursutnt to Article V of this Plan of
~ Marqer, which tim~ i~ h~r~in r~t~rr~d to a• th~ "Effactive Tima".
Trust Company Mortqaq• shall b~ tho survivinq corporation in the
Merq~r {th~ "M~rq~r"j.
` III.
. {
M~AIIIER Jh2~ BASIS QrF' CQNVERTING SHARES
s
(a) Upon th• ~ff~ctiven~a~ of th~ M~rq~r, tho 75,000
~
~ ~ outstandinq •harei ot capital •tock ot Sunbank Mortqaqs Company
~ 'J~~~V i ~n~~t ~VO
~ y ' . -
_ r""'~~'ry ~`u~+..~.'~~,_ r ~~~"'°f"aft`~'~':,r~ ~~~s. -y'~-~,.:..
. r t aG ~--~,~T-~'_sr,~
~ -