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Mountain 1st shareholders eye lawsuit

Mountain 1st CEO Michael G. Mayer looks out at a questioner during shareholder meeting on Tuesday. [PHOTO COURTESY OF REG SMITH]

By Bill Moss, Published: December 10, 2013

Mountain 1st shareholders approved the sale of the once high-flying Hendersonville bank to Raleigh-based First Citizens on Tuesday, bringing to a close a rocky chapter in local banking history.

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