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Bar Harbor Bankshares Message Board

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  • Daniel_Raider Daniel_Raider Sep 3, 1998 5:47 PM Flag

    mlaws98, JS1032, I only felt half the pa

    Thanks for the prompt and interesting
    response.

    I wish I could offer you some BAHR. I spent some
    time looking for shares a couple of years ago and gave
    up without being shown
    a single share.

    If
    BHB does own the BAHR shares as part of BHB's trust
    operations, which I think is likely, and BHB has investment
    power with respect to such holdings, I believe that BHB
    would have a fiduciary obligation to accept a bid for
    shares which is in the best interest of the beneficiary
    of the trust. I have no idea what the "market" price
    is of BAHR, but you if you're anxious to own at
    least a small number of shares, you might consider
    making a written offer to BHB's trust department at a
    price of perhaps 10% or 15% above
    "market".

    Thanks again for the reponse, and good luck in the hunt.

 
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