SCHEDULE  14A  INFORMATION
Proxy  Statement  Pursuant  to  Section  14(a) of the Securities Exchange Act of
1934
(Amendment  No.  )
Filed  by  the  Registrant  [X]
Filed  by  a  Party  other  than  the  Registrant  [  ]

Check  the  appropriate  box:
[  ]  Preliminary  Proxy  Statement
[  ]  Confidential,  for  use  of the Commission Only (as permitted by Rule 14a-
    6(e)(2)
[x]  Definitive  Proxy  Statement
[  ]  Definitive  Additional  Materials
[  ]  Soliciting  Material  Pursuant to Rule 240. 14a-11 (c) or Rule 240. 14a-12

      CANANDAIGUA  NATIONAL  CORPORATION
(NAME  OF  REGISTRANT  AS  SPECIFIED  IN  ITS  CHARTER)

(NAME  OF  PERSON  (S)  FILING  PROXY  STATEMENT,  IF  OTHER  THAN  REGISTRANT)

Payment  of  Filing  Fee  (Check  the  appropriate  box):
[x]  No  fee  required
[  ]  Fee  computed  on table below per Exchange Act Rules 14a-6(i) (1) and 0-11
(1)  Title  of  each  class  of  securities  to  which  transaction  applies:
      Not  Applicable
(2)  Aggregate  number  of  securities  to  which  transaction  applies:
      Not  Applicable
(3)  Per  unit  price of other underlying value of transaction computed pursuant
    to  Exchange  Act  Rule  0-11:
      Not  Applicable
(4)  Proposed  maximum  aggregate  value  of  transaction:
      Not  Applicable
(5)  Total  fee  paid:
      Not  Applicable

[  ]  Fee  paid  previously  with  preliminary  materials.
[  ]  Check  box  if  any  part of the fee is offset as provided by Exchange Act
Rule  O-11  (a)  (2)  and  identify  the filing for which the offsetting fee was
paid
previously.  Identify  the  previous  filing  by  registration statement number,
or
the  Form  or  Schedule  and  the  date  of  its  filing.

(1)Amount  Previously  Paid:
      Not  Applicable
(2)  Form,  Schedule  or  Registration  Statement  No.:
      Not  Applicable
(3)  Filing  Party:
      Not  Applicable
(4)  Date  Filed:
      Not  Applicable

<PAGE>
                  CANANDAIGUA  NATIONAL  CORPORATION
                       72  SOUTH  MAIN  STREET
                    CANANDAIGUA,  NEW  YORK  14424

  This Proxy Statement is being mailed to holders of common stock, in connection
with  solicitation  of proxies by the Board of Directors of Canandaigua National
Corporation  for  use at the Annual Meeting of Stockholders to be held March 10,
1999  at  1:00  p.m.  at  the  Offices of the Corporation, 72 South Main Street,
Canandaigua,  NY 14424 and any adjournment thereof.  Each proxy that is properly
executed and returned will be voted at the meeting and, if a choice is specified
therein,  will be voted in accordance with the specification made.  If no choice
is specified, it will be voted in favor of the proposals set forth in the notice
enclosed herewith.  Any proxy may be revoked by the person giving it at any time
prior  to  its  exercise.

  Only  stockholders  of  record as of the close of business on January 31, 1999
are  entitled  to  notice of, and to vote at, the Annual Meeting.  On that date,
there  were outstanding and entitled to vote 159,531 shares of common stock, par
value  $50  per  share.  Each  share of common stock is entitled to one vote.  A
quorum  will  consist  of  the holders of not less than a majority of the shares
entitled  to  vote,  present  either  in  person  or  by  proxy.

  This  Proxy  Statement  and  the  accompanying  proxy  are  being  mailed  by
first-class  mail  on  February  23,  1999.

  All  expenses  incurred in connection with the solicitation of proxies will be
borne by the Corporation.  It is estimated that the cost of this solicitation of
security  holders  will  be  approximately  $4,840.

               SHAREHOLDERS  OF  MANAGEMENT  AND  OTHERS

Principal  Beneficial  Owners  of  Common  Stock
------------------------------------------------
<TABLE>

<CAPTION>

  A)  The  following  table  sets  forth,  as  of January 31, 1999, the name and
address  of  each  person  who  owns  of  record or who is known by the Board of
Directors  to  be  the  beneficial owner ("beneficial ownership" as used in this
Proxy  Statement  is  defined in Rule 13d-3 under the Securities Exchange Act of
1934)  of more than 5% of the Corporation's outstanding common stock, the number
of  shares  beneficially  owned,  and  the  percentage  of  the  Corporation's
outstanding  common  stock  so  owned  and  the  percentage  of  class  of  the
Corporation's  common  stock  beneficially  owned by all Directors and Principal
Officers  of  the  Corporation  as  a  group:


                                        Shares of Common  Percent of
                                        ----------------  -----------
Name and Address                          Stock Owned        Class
--------------------------------------  ----------------  -----------
<S>                                     <C>               <C>
All Directors and Principal Officers
of Corporation as a Group (12 persons)         13,217(1)       8.28 %

<FN>
(1) Includes shares set forth in footnotes to Table B
</TABLE>
As  of January 31, 1999, the Trust Department of The Canandaigua National Bank
and  Trust Company held in various fiduciary capacities 32,351 shares or 20.28 %
of  the  outstanding  shares.  The Trust Department of the bank has the power to
vote  11,672  of  these  shares.


<PAGE>
<TABLE>

<CAPTION>

B)  Beneficial  Ownership  by  Directors and Principal Officers: The following
table sets forth as of January 31, 1999, the amount and percentage of the common
stock  of the Corporation beneficially owned by each Director and each Principal
Officer.

                        Shares of Common  Percent of
Name and Address          Stock Owned        Class
----------------------  ----------------  -----------
<S>                     <C>               <C>
Patricia A. Boland                    50        .03 %
Canandaigua, NY

David Hamlin, Jr.                    150        .09 %
Bloomfield, NY

Frank H. Hamlin                    5,529       3.47 %
Naples, NY

George W. Hamlin, IV               1,703       1.07 %
Canandaigua, NY

Stephen D. Hamlin                  1,530        .96 %
Canandaigua, NY

James S. Fralick                      25        .02 %
Canandaigua, NY

Richard P. Miller, Jr.                20        .01 %
Naples, NY

Caroline C. Shipley                  116        .07 %
Canandaigua, NY

Alan J. Stone                      3,758       2.36 %
Honeoye, NY

Gregory S. MacKay                    156        .09 %
Canandaigua, NY

Robert G. Sheridan                    68        .04 %
Canandaigua, NY

Daniel P. Fuller                     112        .07 %
Canandaigua, NY
<FN>

David  Hamlin  Jr.  shares  include  70  shares in his self-directed IRA held by
subsidiary  bank.

George W. Hamlin, IV shares include 111 shares owned individually by his spouse.

Stephen  D.  Hamlin  shares include 410 shares owned individually by his spouse.
<PAGE>
Alan  J.  Stone  shares  include  475 shares owned by his IRA held by subsidiary
bank,  50  shares  owned  individually by his spouse, 83 shares owned by her IRA
held  by  the subsidiary bank and 280 shares owned by his two children under the
New  York  Uniform  Gifts  to  Minors  Act.

Gregory  S. MacKay shares include 39 shares owned individually by his spouse, 59
shares  owned  by his IRA held by subsidiary bank and 16 shares owned by his two
children.

Robert  G.  Sheridan  shares  include 18 shares owned as custodian for his three
children  under  New York Uniform Gifts to Minors Act and 10 shares owned by his
IRA  held  by  subsidiary  bank.

Daniel  P.  Fuller shares include 20 shares owned individually by his spouse and
50  shares  owned as custodian for his two children under New York Uniform Gifts
to  Minors  Act.
</TABLE>

                         ELECTION  OF  DIRECTORS

  The  number  of  Directors  to  be elected at the 1999 Annual Meeting is four.
Paul  Kellogg,  a  Class 2 Director, retired from the Board as of February 1998.
James S. Fralick was appointed to the Board of Directors on September 9, 1998 to
fill  Mr.  Kellogg's  term.  Richard  P. Miller, Jr., was appointed as a Class 3
Director  on  November  11,  1998.  Directors  are  elected  annually  by  the
stockholders  to  hold  office  for  three  years and until their successors are
elected  and qualified.    Management has nominated as Directors, and recommends
the  election,  of  the four persons listed below.  Nominees Frank H. Hamlin and
Stephen D. Hamlin are members of the present Board and were first elected by the
stockholders  of  the  Corporation  at the Annual Meeting held in 1984.  Nominee
Daniel  P.  Fuller is a member of the present Board and was first elected by the
stockholders  of  the  Corporation  at the Annual Meeting held in 1996.  Nominee
James  S.  Fralick  is  a member of the present Board having been appointed as a
Class  2 Director in 1998.  Each nominee has consented to be named in this Proxy
Statement  and to serve if elected.  If at the time of the Annual Meeting any of
them  becomes  unavailable  for election, the proxies may exercise discretionary
authority  to  vote  for  substitutes  proposed  by  the  Board  of  Directors.
Management  has  no  reason  to  believe  that  any  substitute nominees will be
required.

                INFORMATION  ON  DIRECTORS  AND  NOMINEES
<TABLE>

<CAPTION>
          1999  Incumbent  Class  2  Directors  -  Term  Expiring  1999

                                    Year First Elected
                                     Or Appointed to:   Principal Occupation
Name                                       Age              Corporation       Bank     For Past Five Years
----------------------------------  ------------------  --------------------  ----  -------------------------
<S>                                 <C>                 <C>                   <C>   <C>
Frank H. Hamlin                                     93                  1984  1948  Bank Director - Investor

Stephen D. Hamlin                                   62                  1984  1973  Chief Executive Officer -
                                                                                    Sonnenberg Gardens
                                                                                    February 1996 - present

James S. Fralick                                    56                  1998  1998  Director European
                                                                                    Economics Morgan Stanley
                                                                                    1993 - December 1997
                                                                                    Adjunct Professor -
                                                                                    University of Rochester
                                                                                    and Syracuse University
                                                                                    1998 - present
                                        Page 3
<PAGE>
Daniel P. Fuller                                    47                  1996  1996  President and General
                                                                                    Manager Bristol Mountain
                                                                                    Ski Resort - December 1984
                                                                                    to present

</TABLE>

<TABLE>

<CAPTION>
                    Class  1  Directors  -  Term  Expiring  2000

                                     Year First Elected
                                      Or Appointed to:   Principal Occupation
Name                                        Age              Corporation       Bank    For Past Five Years
-----------------------------------  ------------------  --------------------  ----  ------------------------
<S>                                  <C>                 <C>                   <C>   <C>
David Hamlin, Jr.                                    55                  1993  1993  Farmer; Retired Colonel,
                                                                                     New York State Air National
                                                                                     Guard

Caroline C. Shipley                                  59                  1984  1984  Educator - Director
                                                                                     New York State School
                                                                                     Boards Association
                                                                                     January 1991- present;
                                                                                     Vice President 1995;
                                                                                     President 1996 -1997

George W. Hamlin, IV                                 57                  1984  1979  President, CEO, CRA and
                                                                                     Trust Officer - The
                                                                                     Canandaigua National Bank
                                                                                     and Trust Company - April
                                                                                     1979 - present; Director of
                                                                                     the Buffalo Branch Federal
                                                                                     Reserve Bank of New York -
                                                                                     1992 - 1996; Director of
                                                                                     Federal Reserve Bank of New
                                                                                     York -1997 - Present

</TABLE>
<TABLE>

<CAPTION>

                    Class  3  Directors  -  Term  Expiring  2001

                                     Year First Elected
                                      Or Appointed to:   Principal Occupation
Name                                        Age              Corporation       Bank     For Past Five Years
-----------------------------------  ------------------  --------------------  ----  -------------------------
<S>                                  <C>                 <C>                   <C>   <C>

Robert G. Sheridan                                   50                  1984  1992  Senior Vice President and
                                                                                     Cashier - The Canandaigua
                                                                                     National Bank and Trust
                                                                                     Company - 1989 - present

Patricia A. Boland                                   63                  1986  1986  Retired Educator;
                                                                                     Retired Mayor - City of
                                                                                     Canandaigua

                                        Page 4
<PAGE>
Alan J. Stone                                        58                  1986  1986  CEO Stone Construction
                                                                                     Equipment, Inc. until 1986;
                                                                                     Managing Partner - Stone
                                                                                     Properties July 1986 -
                                                                                     present; Chairman of the
                                                                                     Board - Canandaigua
                                                                                     National Corporation -
                                                                                     February 1994 - present

Richard P. Miller, Jr.                               55                  1998  1998  Senior Vice President &
                                                                                     Chief Operating Officer
                                                                                     University of Rochester
                                                                                     1996 - present. Director
                                                                                     Genesee Corporation -
                                                                                     1987 - Present

<FN>

The  family relationships between the above-named Directors are as follows:  George Hamlin is the son of Frank
Hamlin.  Stephen  Hamlin  is the nephew of Frank Hamlin and first cousin of George Hamlin.  David Hamlin, Jr.,
is  a  first  cousin  once  removed  of  Frank  Hamlin  and  a  second  cousin  of  George and Stephen Hamlin.
</TABLE>
                   COMMITTEES  OF  THE  BOARD  OF  DIRECTORS

  The  Directors  of  Canandaigua  National Corporation and the Directors of The
Canandaigua  National  Bank  and  Trust  Company  are  the  same  persons.

  The  Corporation  does  not  have  standing Audit, Nominating, or Compensation
Committees.  These  functions  are  performed by the following committees of The
Canandaigua  National  Bank  and  Trust  Company:

  The  Examining  Committee consists of five (5) Directors who are not employees
of the subsidiary bank and who are appointed annually by the Board of Directors.
Members  of  the  Committee  are:

  Caroline  C.  Shipley;  Frank  H.  Hamlin;  James  S.  Fralick
  David  Hamlin,  Jr.;  Patricia  A.  Boland

  The  Examining  Committee  met  five  (5)  times  during 1998 to supervise the
internal  audit  and  compliance  activities  of  the Bank.  The function of the
Committee is to make or cause to be made suitable examinations every year and to
insure that the Bank's activities are being conducted in accordance with the law
and  the  banking  rules  and  regulations established by the Comptroller of the
Currency, other regulatory  and supervisory authorities, and in conformance with
established  policy.  In  addition,  the  Examining  Committee recommends to the
Board  of  Directors  the  services  of a reputable independent certified public
accounting  firm,  and  the  Board  of  Directors  then appoints the independent
certified  public  accounting  firm  at  the  annual  organizational  meeting of
Directors.  The  Committee  receives  and reviews the reports of the independent
certified  public  accounting  firm  and presents them to the Board of Directors
with  comments  and  recommendations.  At  least  once  during each twelve-month
period,  this Committee makes audits of the Trust Department or causes audits to
be  made  and  ascertains  whether  an adequate review of all the assets in each
trust  has  been  made.

<PAGE>
  The  Officer's  Compensation Committee consists of three (3) Directors who are
not  employees  of  the  subsidiary  bank  and who are appointed by the Board of
Directors  each  year.  Members  of  the  Committee  are  as  follows:

  Daniel  P.  Fuller;  Alan  J.  Stone;  Caroline  C.  Shipley

  The Officers' Compensation Committee met five (5) times during 1998 to perform
annual  reviews  of  officers'  performance.  Based  on the Committee's reviews,
recommendations  on officers' titles and salaries for the upcoming year are made
to  the  Board  of  Directors  for  approval.

  The Nominating and Governance Committee consists of four (4) Directors who are
not  employees  of  the  subsidiary  bank  and who are appointed by the Board of
Directors  each  year.  Members  of  the  Committee  are  as  follows:

  Patricia  Boland;  Daniel  P.  Fuller;  Caroline  C.  Shipley
  Alan  J.  Stone

  The  Nominating  and  Governance  Committee met three (3) times during 1998 to
determine  personal  and  professional  qualifications  for  Board  of  Director
candidates.  The  Committee  reviews  the  qualifications  of  and  interviews
candidates  for Director and makes recommendations to the Board of Directors for
approval.

  In  addition,  the  Board  will  consider  recommendations  submitted  by
stockholders.  Any  stockholder  wishing  to  make such a recommendations should
submit  it to the Secretary of the Corporation.  Notice of intention to make any
nominations  or  other  proposals, other than by the Board of Directors, must be
made in writing and must be received by the Secretary of the Corporation no less
than  twenty  (20)  days  prior  to  any  meeting of stockholders called for the
election  of  Directors.  Such  notification  should  contain  the  following
information  to the extent known to the notifying stockholder:  (a) the name and
address  of each proposed nominee; (b) the principal occupation of each proposed
nominee; (c) the total number of shares of capital stock of the Corporation that
will  be  voted  for  each  proposed nominee; (d) the number of shares of common
stock  of  the  Corporation  owned  by  the  notifying  stockholder.

  The  Board  of  Directors of the Corporation held twelve (12) regular meetings
during  1998.  No  incumbent Director of the Bank or of the Corporation attended
fewer  than  75%  of the aggregate of all the meetings of the Board of Directors
and  the  Committees  of  which  they  were  members.

                    BOARD  OF  DIRECTORS  COMPENSATION

  For  the years 1998 and 1997, no compensation was paid to members of the Board
of  Directors of Canandaigua National Corporation.  For the years 1998 and 1997,
the  Chairman  of  the  Board  of Directors of The Canandaigua National Bank and
Trust  Company  was compensated at the rate of $450 per meeting attended and the
remaining  members  were  paid  at  the  rate  of  $425  per  meeting  attended.

<PAGE>
                             PRINCIPAL  OFFICERS
<TABLE>

<CAPTION>

  The  following  table  sets  forth  selected  information  about the Principal
Officers  of  the Corporation, each of whom is elected by the Board of Directors
and  each  of  whom  holds  office  at the discretion of the Board of Directors:

                                                  Number
                       Office and                of Shares
                      Position with    Held     Beneficially
Name                   Corporation     Since       Owned      Age
--------------------  -------------  ---------  ------------  ---
<S>                   <C>            <C>        <C>           <C>

George W. Hamlin, IV  President           1984         1,703   57
Robert G. Sheridan    Secretary           1984            68   50
Gregory S. MacKay     Treasurer           1988           156   49

<FN>

George W. Hamlin, IV shares include 111 shares owned individually by his spouse.

Robert  G.  Sheridan  shares  include 18 shares owned as custodian for his three
children  under  New York Uniform Gifts to Minors Act and 10 shares owned by his
IRA  held  by  subsidiary  bank.

Gregory  S. MacKay shares include 39 shares owned individually by his spouse, 59
shares  owned  by his IRA held by subsidiary bank and 16 shares owned by his two
children.

  All  of  the  Principal  Officers  of  the  Corporation  are  officers  of the
subsidiary  bank and have served as officers of the subsidiary bank for the past
five  (5)  years.
</TABLE>

<TABLE>

<CAPTION>

                              EXECUTIVE  COMPENSATION
                            SUMMARY  COMPENSATION  TABLE


                                              Annual Compensation                Long-Term Compensation
                                              --------------------------------   -----------------------------
                                                                                 Awards  Other Compensation
                                                                                 ------  ---------------------
                                                                      Other               Defined
Name and                                                              Annual             Contribution
Principal                                     Salary       Bonus    Compensation  SARs      Plan         ESOP
Position                         Year           ($)          $)        ($)        PSAs       ($)          ($)
<S>                              <C>          <C>          <C>      <C>          <C>     <C>             <C>
George W. Hamlin, IV             1996         226,850      11,343      6,545      See       21,393       1,495
President                        1997         233,201       None       6,993      Table     20,960       1,716
                                 1998         248,951      18,826      7,316      Below     22,569       1,786

Robert G. Sheridan               1996          97,323       4,866      3,138      See       14,065         970
Secretary                        1997         100,048        None      2,953      Table     14,158       1,073
                                 1998         106,805       8,932      3,400      Below     15,255       1,192

</TABLE>

<PAGE>
                      STOCK  APPRECIATION  RIGHTS  (SAR)
                         PHANTOM  STOCK  AWARDS  (PSA)
<TABLE>

<CAPTION>
  The  table  set  forth  below  lists  the value of the Stock Appreciation Rights and
Phantom  Stock  Awards  as  of  the date of award using the highest of three different
estimates  of value: (1) the book value of the Corporation, (2) the appraised value of
the  stock  using  a third-party appraisal of the Corporation's stock prepared for the
Corporation's  Employee  Stock  Ownership  Plan,  and  (3)  the  price  at  which  the
Corporation's  stock  was  bought  and  sold  in  private  transactions  for which the
Corporation  has  information during the calendar quarter in which the award was made.
The  Corporation does not have pricing information regarding all private purchases and
sales  of the Corporation's stock, and the shares of the Corporation are not listed on
any  national exchange nor traded over the counter.  The Stock Appreciation Rights and
Phantom  Stock  Awards are perpetual.  Stock Appreciation Rights are exercisable after
five  years  from  the  date  of  award.  Phantom  Stock  Awards  are exercisable by a
recipient  upon  reaching  the  age  of  55  or  upon attaining 15 years of continuous
full-time  employment  with  the  company.

                                                                  Estimated
                                                                 Value as of   Estimated
                                           % of                    Date of    Value as of
                              Number       Total      Price         Award     End of Year
                             Granted      SAR/PSAs    SARs Only    SAR/PSAs     SAR/PSAs
Name           Year          SAR/PSA      Granted     $/share         ($)         ($)
<S>            <C>        <C>             <C>         <C>        <C>          <C>
George W.      1996       104.03/104.03     25%        214.55        9,627       11,031
Hamlin, IV                                                          31,947       33,351
               1997        36.75/36.75      25%        232.06        3,253        3,815
                                                                    11,782       12,343
               1998        65.63/65.63      25%        241.99        7,941        7,941
                                                                    23,822       23,822

Robert G.      1996        62.42/62.42      15%        214.55        5,776        6,619
Sheridan                                                            19,169       20,011
               1997        22.05/22.05      15%        232.06        1,952        2,289
                                                                     7,069        7,406
               1998        39.38/39.38      15%        241.99        4,765        4,765
                                                                    14,293       14,293
</TABLE>

<TABLE>

<CAPTION>

  The  following  table  sets forth below the aggregated SAR and PSA values at December 31, 1998 for the
named  executive  officers.  The  value of the SAR's and PSA's reflected in the table is the per-SAR and
per-PSA value of $363.00 at December 31, 1998 minus the related exercise price.  The per-SAR and per-PSA
value  at  December  31,  1998  is  the  higher  of  (1) the book value of the Corporation, (2) the last
appraised  value  of the stock using a third-party appraisal of the Corporation's stock prepared for the
Corporation's  Employee  Stock  Ownership  Plan,  or  (3) the price at which the Corporation's stock was
bought  and  sold during the last quarter of 1998 in a private transaction for which the Corporation has
information.

                 Total number of unexercised                     Total Value of
                     SAR's and PSA's at                    Unexercised in-the money SAR's
                      December 31, 1998                    and PSA's  at December 31, 1998
                 ------------------------------            -------------------------------
                 Exercisable      Unexercisable            Exercisable      Unexercisable
                     (#)              (#)                     ($)                ($)
<S>             <C>               <C>                      <C>              <C>
George W.
Hamlin, IV         1,116.96           396.51                  354,950            61,071

Robert G.
Sheridan             216.14           681.94                   48,154           201,459
<FN>

  No  Stock  Appreciation Rights or Phantom Stock Awards were exercised by the executive officers during
1998.
</TABLE>
<PAGE>
  Compensation  for  the  executive  officers for whom disclosure is required by
Item 402 of Regulation S-K is determined by the Officers' Compensation Committee
consisting  of  Daniel  P.  Fuller,  Caroline C. Shipley and Alan J. Stone.  The
Committee's  consideration  consists  of, but is not limited to, analysis of the
following  factors:  financial  performance  of the company, including return on
equity,  return  on  assets, growth of the company, and management of assets and
liabilities.  In  addition,  the  Officers'  Compensation  Committee  conducts a
comparison study of the company's executive compensation with that of comparable
positions  in  similar companies within the company's peer group.  The Committee
also  considers  intangible  factors  such as the scope of responsibility of the
executive, leadership within the company, the community and within the industry,
and  whether  the  company,  under  the executive's leadership, has been able to
serve  worthwhile  public  purposes  while  enhancing shareholder value.  All of
these  factors  are  considered  in  the context of the market for the company's
products  and  services,  and the complexity and difficulty of managing business
risks  in  the  prevailing  economic  conditions  and  regulatory  environment.

  In  1998 the stockholders approved a Stock Option Plan.  No stock options were
awarded  or  exercised  during  1998.

                                PERFORMANCE GRAPH

  The  following  performance  graph  is  required  to be set forth in the Proxy
Statement  by Item 402 (1) of Regulation S-K.  The theory incorporated into this
requirement  is that all corporations have organized orderly markets in which to
exchange  their  securities.  The  graph  is  provided  so that stockholders and
prospective  stockholders can compare market results with peer companies or with
indexes  of  companies  in  similar businesses or having similar capitalization,
e.g.,  those  companies  which  are  listed  on  the  NASDAQ  or  NYSE.

  THE  CORPORATION'S  COMMON  STOCK  IS  NOT  LISTED  WITH A NATIONAL SECURITIES
EXCHANGE,  NOR  IS  IT TRADED IN THE OVER-THE-COUNTER MARKET.  THE CORPORATION'S
COMMON  STOCK  IS  NOT  ACTIVELY  TRADED;  LESS  THAN  1%  OF  THE CORPORATION'S
OUTSTANDING  SHARES  HAVE  BEEN  BOUGHT  AND SOLD IN ANY YEAR REPRESENTED IN THE
GRAPH.  DUE  TO  THE  EXTREMELY LIMITED NUMBER OF TRANSACTIONS, THE AVERAGE SALE
PRICE  OF THE CORPORATION'S COMMON STOCK USED IN THE GRAPH MAY NOT BE INDICATIVE
OF  THE  ACTUAL  MARKET  VALUE OF THE CORPORATION'S COMMON STOCK.  THE GRAPH SET
FORTH  BELOW  DEPICTS  THE  AVERAGE SALE PRICE OF THE CORPORATION'S COMMON STOCK
BASED  ONLY  UPON  TRANSACTIONS FOR WHICH THE CORPORATION HAS PRICE INFORMATION.
THERE  ARE  PURCHASES  AND SALES OF THE CORPORATION'S COMMON STOCK FOR WHICH THE
CORPORATION  HAS  NO PRICE INFORMATION; THEREFORE, THE ACTUAL AVERAGE SALE PRICE
OF  ALL SHARES BOUGHT AND SOLD IN ANY QUARTER MAY BE DIFFERENT THAN SET FORTH IN
THE  GRAPH.

<PAGE>
                           (Omitted  Graph  Material)
<TABLE>

<CAPTION>

The  following  is  the  data  table  for  the  graph:


                                            Period Ending
                       ----------------------------------------------------------
Index                  12/31/93  12/31/94  12/31/95  12/31/96  12/31/97  12/31/98
<S>                    <C>       <C>       <C>       <C>       <C>       <C>
Canandaigua Nat. Corp    100.00    126.85    153.75    162.17    178.33    197.43
SNL Mid-Atl. Index       100.00     97.22    155.59    223.27    317.32    351.79
SNL <$500M Bank Index    100.00    107.55    147.13    189.37    322.82    294.76
</TABLE>

<PAGE>

                    INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS

  The  Board  of Directors has selected KPMG LLP as independent certified public
accountants of Canandaigua National Corporation until the Annual Meeting held in
1999.  Representatives  are  expected  to  be  present  at the meeting and to be
available  to  respond  to  appropriate  questions.  They  will  be  given  the
opportunity  to  make  a  statement  if  they  so  desire.


                              FINANCIAL INFORMATION

  Incorporated  by  reference  and  made  a  part hereof is the Annual Report of
Canandaigua  National  Corporation  for  the  year  ending  December  31,  1998.

                                  OTHER MATTERS

  The Board of Directors knows of no other matters to be brought before the 1999
Annual  Meeting  of  Stockholders.  However, if other matters should come before
the meeting, it is the intention of each person named in the Proxy to vote it in
accordance  with  his  or  her  judgment  on  such  matters.

      By  Order  of  the  Board  of  Directors

      /s/  George  W.  Hamlin,  IV
      George  W.  Hamlin,  IV
      Secretary  -  Board  of  Directors
      February  23,  1999