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This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities. The Offering is made only by the Offering Circular.
NEW ISSUE February 14,1975
’1,000,000
FARMERS AND MERCHANTS NATIONAL BANS Q1 / 0/Subordinated Capital Notes 0/2 /O Due February 14.1982
PRICE 100%
(Plus accrued interest)
Minimum Purchase $500 THESE NOTES SHALL NOT REPRESENT DEPOSITS OF THE BANK AND WILL NOT BE INSURED BY THE FDIC OR ANY OTHER GOVERNMENT AGENCY. THEY ARE UNSECURED AND SUBORDINATE IN RIGHT OF PAYMENT TO THE CLAIMS OF DEPOSITORS AND OTHER CREDITORS AS DESCRIBED IN THE OFFERING CIRCULAR. Offering Circular describing these Securities and the business of the Bonk are available at any office of
FARMERS AND MERCHANTS
NATIONAL BANK Berry ville—Flint Hill—Front Royal Middletown—Stephens City—Winchester or mail this coupon-to: Farmers and Merchants National Bank P.O. Box 38 Winchester, Virginia 22801 NAME _ ADDRESS_ CITY_STATE_ZIP
81.7%