8-K 1 r8kchouestscott.txt 8K CHOUEST, SCOTT UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 15, 2005 BOL BANCSHARES, INC. (Exact name of registrant as specified in its charter) Louisiana 0-16934 72-1121561 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 300 St. Charles Avenue, New Orleans, LA 70130 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (504) 889-9400 N/A (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [] Pre-commencement communications pursuant to Rule 13e-4(b) under the Exchange Act (17 CFR 240.13e-4(c)) CURRENT REPORT ON FORM 8-K ITEM 5.02 Departure of Directors or Principal Officers (a) (1) Shannon Scott Chouest (Director) (i) Resignation effective February 22, 2005 (ii) Member of the Board of Directors and the Executive Committee, and the Audit & Finance Committee (sub- committees of the Board) (iii) Director Chouest thought the Board should entertain a proposal to acquire BOL Bancshares, Inc., which included its subsidiary Bank of Louisiana. Chairman of the Board disagreed. (2) Copy of Resignation attached. (3) (i) Mrs. Chouest has been mailed a copy of this disclosure, this date. (ii) By means of letter attached, Mrs. Chouest has been afforded the opportunity of stating whether she agrees or disagrees with the response in Item 5.02. (b) Director and President, James A. Comiskey, passed away on February 1, 2005. He had neither retired, resigned nor had been terminated. (c) New Executive Officer: (1) G. Harrison Scott, President Date appointed: April 12, 2005 (2) G. Harrison Scott is currently, and has been, Chairman of the Board of registrant. James A. Comiskey was President of registrant until his demise on February 1, 2005. Both positions are non-compensatory. (3) There is no employment agreement and no compensation. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BOL BANCSHARES, INC. (Registrant) April 15, 2005 /s/ G. Harrison Scott G. Harrison Scott Chairman (in his capacity as a duly authorized officer of the Registrant)