Viewing page 113 of 116

This transcription has been completed. Contact us with corrections.

- 7 - 

Since further steps must be taken by the parties before the merger can be consummated, the actual transfer of Colonial's certificates to Eastern will not take place until an appropriate showing has been made to the Board by Eastern that all necessary steps have been completed, and that the Eastern accepts the conditions we have attached to our approval of the merger.

Appropriate orders will be entered.
 
Risley, Chairman, Adams, Vice Chairman, Gurney and Denny, Members of the Board, concurred in the above opinion.