Unionamerica, Inc

Correspondence between Otis Chandler and Harry J. Volk of Unionamerica, Inc. in regards to Otis Chandler resigning from the Board of Directors of Unionamerica, Inc. due to Chandler being named as a defendant in an action brought in the Federal District Court for the Northern District of California by the Securities and Exchange Commission, relating to certain oil ventures and companies organized by John P. Burke.