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                                                                    Exhibit 4.1

Unless this certificate is presented by an authorized representative of the
Depository Trust Company, a New York corporation (`DTC"), to the Company or its
agent for registration of transfer, exchange, or payment, and any certificate
issued is registered in the name of Cede & Co. or in such other name as is
requested by an authorized representative of DTC (and any payment is made to
Cede & Co. or to such other entity as is requested by an authorized
representative of DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner
hereof, Cede & Co., has an interest herein.

                       COCA-COLA BOTTLING CO. CONSOLIDATED
                           5.30% SENIOR NOTES DUE 2015
                           (Hereinafter, "Securities")
                              CUSIP No. 191098 AF 9

                                                                    $100,000,000

     COCA-COLA BOTTLING CO. CONSOLIDATED, a corporation duly organized and
existing under the laws of the State of Delaware (herein called the "Company,"
which term includes any successor corporation under the Indenture hereinafter
referred to), for value received, hereby promises to pay to Cede & Co., or
registered assigns, the principal sum of One Hundred Million Dollars
($100,000,000) on April 1, 2015, and to pay interest thereon from March 27, 2003
or from the most recent Interest Payment Date to which interest has been paid or
duly provided for, semi-annually on April 1 and October 1 in each year,
commencing October 1, 2003 at the rate of 5.30% per annum, until the principal
hereof is paid or made available for payment, and (to the extent that the
payment of such interest shall be legally enforceable) at the rate of 5.30% per
annum on any overdue principal and premium and on any overdue installment of
interest. Interest payments on this Security will be calculated on the basis of
a 360-day year consisting of twelve 30-day months. The interest so payable, and
punctually paid or duly provided for, on any Interest Payment Date will, as
provided in the Indenture, be paid to the Person in whose name this Security (or
one or more Predecessor Securities) is registered at the close of business on
the Regular Record Date for such interest, which shall be the March 15 or
September 15 (whether or not a Business Day), as the case may be, next preceding
such Interest Payment Date. Any such interest not so punctually paid or duly
provided for will forthwith cease to be payable to the Holder on such Regular
Record Date and may either be paid to the Person in whose name this Security (or
one or more Predecessor Securities) is registered at the close of business on a
Special Record Date for the payment of such Defaulted Interest to be fixed by
the Trustee, notice whereof shall be given to each Holder of Securities of this
series not less than 11 days prior to such Special Record Date, or be paid at
any time in any other lawful manner not inconsistent with the requirements of
any securities exchange on which the Securities of this series may be listed,
and upon such notice as may be required by such exchange, all as more fully
provided in the Indenture.

     Payment of the principal of (and premium, if any) and any such interest on
this Security will be made at the office or agency of the Company maintained for
that purpose in the Borough of Manhattan, The City of New York, New York, in
such coin or currency of the United States of America as at the time of payment
is legal tender for payment of public and private debts; provided, however, that
at the option of the Company payment of interest may be made by check

<PAGE>

mailed to the address of the Person entitled thereto as such address shall
appear in the Security Register.

     The Indenture contains provisions for defeasance at any time of (a) the
entire indebtedness represented by this Security and (b) certain restrictive
covenants, in each case upon compliance by the Company with certain conditions
set forth therein, which provisions apply to this Security.

     Securities of this series will be redeemable, as a whole or in part, at the
option of the Company, at any time or from time to time, on at least 30 days,
but not more than 60 days, prior notice mailed to the registered address of each
Holder of Securities of this series. The redemption prices will be equal to the
greater of (1) 100% of the principal amount of the Securities of this series
being redeemed or (2) the sum of the present values of the remaining scheduled
payments discounted, on a semiannual basis (assuming a 360-day year consisting
of twelve 30-day months), at a rate equal to the sum of the Treasury Rate (as
defined below) plus 20 basis points. In the case of each of clause (1) and (2),
accrued interest will be payable to the redemption date.

     "Treasury Rate" means, with respect to any redemption date, the rate per
annum equal to the semiannual equivalent yield to maturity of the Comparable
Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as
a percentage of its principal amount) equal to the Comparable Treasury Price for
such redemption date.

     "Comparable Treasury Issue" means the United States Treasury security
selected by a Reference Treasury Dealer as having a maturity comparable to the
remaining term of Securities of this series that would be utilized, at the time
of selection and in accordance with customary financial practice, in pricing new
issues of corporate debt securities of comparable maturity to the remaining term
of Securities of this series.

     "Comparable Treasury Price" means, with respect to any redemption date, (A)
the average of the Reference Treasury Dealer Quotations for such redemption
date, after excluding the highest and lowest such Reference Treasury Dealer
Quotations, (B) if the Trustee obtains fewer than three such Reference Treasury
Dealer Quotations, the average of all such quotations or (C) if only one
Reference Treasury Dealer Quotation is received, such quotation.

     "Reference Treasury Dealer" means (1) Salomon Smith Barney, Inc. or
Wachovia Securities, Inc. (or their respective affiliates which are Primary
Treasury Dealers) and their respective successors; provided, however, that if
any of the foregoing shall cease to be a primary U.S. Government securities
dealer in New York City (a "Primary Treasury Dealer"), the Company will
substitute therefore another Primary Treasury Dealer; and (2) any other Primary
Treasury Dealer(s) selected by the Company.

     "Reference Treasury Dealer Quotations" means, with respect to each
Reference Treasury Dealer and any redemption date, the average, as determined by
the Trustee, of the bid and asked prices for the Comparable Treasury Issue
(expressed in each case as a percentage of its principal amount) quoted in
writing to the Trustee by such Reference Treasury Dealer at 3:30 p.m., New York
City time, on the third business day preceding such redemption date.

     On and after the redemption date, interest will cease to accrue on
Securities of this series called for redemption (unless the Company defaults in
the payment of the redemption price and

                                        2

<PAGE>

accrued interest). On or before the redemption date, the Company will deposit
with a paying agent (or the Trustee) money sufficient to pay the redemption
price and accrued interest on the Securities of this series to be redeemed on
such date. If less than all of the Securities of this series are to be redeemed,
the Securities of this series to be redeemed shall be selected by the Trustee by
such method as the Trustee shall deem fair and appropriate.

     This Security is one of a duly authorized issue of securities of the
Company, issuable in one or more series under an Indenture, dated as of July 20,
1994, as supplemented and restated by a Supplemental Indenture dated March 3,
1995 (as supplemented, herein called the "Indenture"), between the Company and
NationsBank of Georgia, National Association, as Trustee (herein called the
"Trustee", which term includes Citibank, N.A., which succeeded to all of the
rights, powers, duties and obligations of the initial trustee under the
Indenture by agreement of all parties, effective September 15, 1995, as well as
any subsequent successor trustee under the Indenture), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of
the respective rights, limitations of rights, duties and immunities thereunder
of the Company, the Trustee and the Holders of this Security and of the terms
upon which this Security is, and is to be, authenticated and delivered. This
security is one of the series designated on the face hereof currently limited in
aggregate principal amount to $100,000,000.

     The Company may, from time to time, subject to compliance with the
applicable provisions of the Indenture, without giving notice to or seeking the
consent of the Holders, create and issue additional securities having a ranking,
interest rate, maturity and other terms and conditions identical to those of
this Security except for the issue date and any other terms specified by the
Company in order to facilitate the original issuance of such other securities.
Any such securities will, to the extent the Company so provides, constitute a
single series of securities under the Indenture.

     If an Event of Default with respect to this Security shall occur and be
continuing, the principal of this Security may be declared due and payable in
the manner and with the effect provided in the Indenture.

     The Indenture permits, with certain exceptions as therein provided, the
amendment thereof and the modification of the rights and obligations of the
Company and the rights of the Holders of the Securities of each series to be
affected under the Indenture at any time by the Company and the Trustee with the
consent of the Holders of not less than a majority in principal amount of the
Securities at the time Outstanding of each series affected. The Indenture also
contains provisions permitting the Holders of specified percentages in principal
amount of the Securities of each series at the time Outstanding, on behalf of
the Holders of all Securities of such series, to waive compliance by the Company
with certain provisions of the Indenture and certain past defaults under the
Indenture and their consequences. Any such consent or waiver by the Holder of
this Security shall be conclusive and binding upon such Holder and upon all
future Holders of this Security and of any Security issued upon the registration
of transfer hereof or in exchange herefor or in lieu hereof whether or not
notation of such consent or waiver is made upon this Security.

     No reference herein to the Indenture and no provision of this Security or
of the Indenture shall alter or impair the right of the Holder of this Security,
which is absolute and unconditional, to receive payment of the principal of (and
premium, if any) and, subject to Section 307 of the

                                       3

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Indenture, interest on this Security at the times, place and rate, and in the
coin or currency, herein prescribed.

     As long as this Security is represented in global form registered in the
name of the Depositary or its nominee (a "Global Security"), except as provided
in the Indenture, and subject to certain limitations therein set forth, no
Global Security shall be exchangeable or transferable, except as a whole, by the
Depositary to a nominee of the Depositary or by a nominee of the Depositary to
another nominee of the Depositary or by the Depositary or any such nominee to a
successor Depositary or a nominee of such successor depositary.

     The Securities of this series are issuable only in registered form without
coupons in denominations of $1,000 and any integral multiples of $1,000 in
excess thereof.

     No service charge shall be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith.

     Prior to due presentment of this Security for registration of transfer, the
Company, the Trustee and any agent of the Company or the Trustee may treat the
Person in whose name this Security is registered as the owner hereof for all
purposes, whether or not this Security be overdue, and neither the Company, the
Trustee nor any such agent shall be affected by notice to the contrary.

     All terms used in this Security which are defined in the Indenture shall
have the meanings assigned to them in the Indenture.

     Unless the certificate of authentication hereon has been executed by the
Trustee by manual signature, this Security shall not be entitled to any benefit
under the Indenture or be valid or obligatory for any purpose.

                            [Signature on Next Page]



<PAGE>

     IN WITNESS WHEREOF, the Company has caused this instrument to be duly
executed under its corporate seal.

Dated: March 27, 2003
<TABLE>
<S>                                                     <C>
Certificate of Authentication:                          COCA-COLA BOTTLING CO.
                                                        CONSOLIDATED

This is one of the Securities of the series designated
herein referred to in the within-mentioned Indenture.

Citibank, N.A., as Trustee                              By: /s/ David V. Singer
                                                           ---------------------
                                                           David V. Singer
                                                           Executive Vice President and Chief
                                                           Financial Officer

By: /s/ John J. Byrnes, Jr.
    --------------------------------
    Authorized Officer                                  Attest:


                                                        /s/ Mark S. Powers
                                                        ------------------------
                                                        Mark S. Powers
                                                        Assistant Secretary

                                                        [SEAL]
</TABLE>

                                       5

<PAGE>

                                   ASSIGNMENT

     FOR VALUE RECEIVED the undersigned hereby sells, assigns and transfers unto

PLEASE INSERT SOCIAL SECURITY OR OTHER
      IDENTIFYING NUMBER OF ASSIGNEE


________________________________________________________________________________
 (Name and address of assignee, including zip code, must be printed or
                                  typewritten)


________________________________________________________________________________


________________________________________________________________________________
the within Security, and all rights thereunder, hereby irrevocably constituting
                                 and appointing


________________________________________________________________________________
Attorney to transfer said Security on the books of the within Company, with full
power of substitution in the premises.

Dated: ___________________________   NOTICE: ___________________________________
                                             The signature to this assignment
                                             must correspond with the name as it
                                             appears upon the face of the within
                                             or attached Security in every
                                             particular, without alteration or
                                             enlargement or any change whatever.

                                       6