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  <TITLE>GATEWAY FINANCIAL HOLDINGS, INC./DANIEL B. BERRY</TITLE>
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  <B><FONT size="5">SECURITIES AND EXCHANGE COMMISSION</FONT></B>
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  <B><FONT size="4">WASHINGTON, DC 20549</FONT></B>
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  <B><FONT size="4">FORM 144</FONT></B>
  
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  <B>NOTICE OF PROPOSED SALE OF SECURITIES</B>
  
  <DIV align="center">
  <B>PURSUANT TO RULE 144 UNDER THE SECURITIES</B>
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  <B>ACT OF 1933</B>
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          <TD><B><FONT size="2">ATTENTION:&nbsp;</FONT></B></TD>
          <TD align="left">
          <B><FONT size="2">Transmit for filing 3 copies of this form
          concurrently with either placing an order with a broker to
          execute sale or executing a sale directly with a market
          maker.</FONT></B></TD>
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          <TD align="left"><B><FONT size="2">GATEWAY FINANCIAL HOLDINGS,
  INC.</FONT></B></TD>
          <TD align="center"><B><FONT size="2">56-2264354</FONT></B></TD>
          <TD align="right"><B><FONT size="2">000-33223&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></B></TD>
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          <TD align="left"><B><FONT size="2">1(a)&nbsp;Name of Issuer (Please type or print)</FONT></B></TD>
          <TD align="center"><B><FONT size="2">(b)&nbsp;I.R.S. Ident. No.</FONT></B></TD>
          <TD align="right"><B><FONT size="2">(c)&nbsp;S.E.C. File No.</FONT></B></TD>
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          <TD align="left" colspan="2"><B><FONT size="2">1145 North
  Road Street</FONT></B></TD>
          <TD align="center"><B><FONT size="2">Elizabeth City,</FONT></B></TD>
          <TD align="center"><B><FONT size="2">NC</FONT></B></TD>
          <TD align="center"><B><FONT size="2">27909</FONT></B></TD>
          <TD align="right"><B><U><FONT size="2">252 334-1511</FONT></U><FONT size="2">&nbsp;</FONT></B></TD>
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          <TD align="left"><B><FONT size="2">1(d)&nbsp;Address of Issuer</FONT></B></TD>
          <TD align="center"><B><FONT size="2">Street</FONT></B></TD>
          <TD align="center"><B><FONT size="2">City</FONT></B></TD>
          <TD align="center"><B><FONT size="2">State</FONT></B></TD>
          <TD align="center"><B><FONT size="2">Zip Code</FONT></B></TD>
          <TD align="right"><B><U><FONT size="2">(e)&nbsp;Telephone No.</FONT></U><FONT size="2">&nbsp;</FONT></B></TD>
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  <B><FONT size="2">Area Code&nbsp;&nbsp;&nbsp;Number</FONT></B>
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          <FONT size="2">&nbsp;
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">Daniel B. Berry
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">&nbsp;
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
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          <FONT size="2">&nbsp;
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          <FONT size="2">&nbsp;
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          <FONT size="2">Officer
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top" colspan="4"><FONT size="2">1145 North Road Street,<BR> Elizabeth City, NC 27909
          </FONT></TD>
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          <FONT size="2">2(a)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
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          <FONT size="2">Name of Person for Whose
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
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          <FONT size="2">(b)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
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          <FONT size="2">Social Security
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(c)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
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          <FONT size="2">Relationship
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(d)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
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          <FONT size="2">
          Address&nbsp;Street&nbsp;City&nbsp;State&nbsp;Zip&nbsp; Code
          </FONT></TD>
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          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
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          <FONT size="2">Account the Securities
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
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          <FONT size="2">No. or I.R.S.
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
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          <FONT size="2">to Issuer
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
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          <TD><FONT size="2">&nbsp;</FONT></TD>
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          <FONT size="2">are to be Sold
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">Ident. No.
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
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          <TD><FONT size="2">INSTRUCTION:&nbsp;</FONT></TD>
          <TD align="left">
          <FONT size="2">The person filing this notice should contact the
          issuer to obtain the I.R.S. Identification Number and the S.E.C.
          File Number.
          </FONT></TD>
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          <TD>&nbsp;</TD>
          <TD><FONT size="2">3(a)</FONT></TD>
          <TD align="left">
          <FONT size="2">Title of the Class of Securities To Be Sold
          </FONT></TD>
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  <P align="left">Common Stock
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          <TD>&nbsp;</TD>
          <TD><FONT size="2">&nbsp; (b)</FONT></TD>
          <TD align="left">
          <FONT size="2">Name and Address of Each Broker Through Whom the
          Securities are to be Offered or Each Market Maker who is
          Acquiring the Securities
          </FONT></TD>
  </TR>
  
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  <P align="left">Ryan Beck &#38; Co., 222 Lakeview Avenue, West Palm
  Beach, FL 33401
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          <TD>&nbsp;</TD>
          <TD></TD>
          <TD align="left">
          <U><FONT size="2">S.E.C. use only</FONT></U><FONT size="2">
          Broker-Dealer File Number
          </FONT></TD>
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          <TD width="6%"></TD>
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          <TD>&nbsp;</TD>
          <TD><FONT size="2">&nbsp; (c)</FONT></TD>
          <TD align="left">
          <FONT size="2">Number of Shares or Other Units To Be Sold (See
          instr. 3(C))
          </FONT></TD>
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  <P align="center">
  
  
  <P align="left">2,310
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          <TD>&nbsp;</TD>
          <TD><FONT size="2">&nbsp; (d)</FONT></TD>
          <TD align="left">
          <FONT size="2">Aggregate Market Value (See instr. 3(d))
          </FONT></TD>
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  <P align="left">46,084.50
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          <TD>&nbsp;</TD>
          <TD><FONT size="2">&nbsp; (e)</FONT></TD>
          <TD align="left">
          <FONT size="2">Number of or Other Units Outstanding (See instr.
          3(e)) Shares
          </FONT></TD>
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  <P align="left">6,697,672
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          <TD>&nbsp;</TD>
          <TD><FONT size="2">&nbsp; (f)</FONT></TD>
          <TD align="left">
          <FONT size="2">Approximate Date of Sale (See instr. 3(f)) (Mo.
          Day Yr.)
          </FONT></TD>
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  <P align="center">
  
  
  <P align="left">05/23/2005
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          <TD>&nbsp;</TD>
          <TD><FONT size="2">&nbsp; (g)</FONT></TD>
          <TD align="left">
          <FONT size="2">Name of Each Securities Exchange (See instr. 3(g))
          </FONT></TD>
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  <P align="center">
  
  
  <P align="left">NASDAQ
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  <FONT size="2">INSTRUCTIONS:
  </FONT>
  
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          <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
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          <TD width="85%"><FONT size="2">&nbsp;</FONT></TD>
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          <TD align="left" valign="top">
          <FONT size="2">1.
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(a)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="bottom">
          <FONT size="2">Name of issuer.
          </FONT></TD>
  </TR>
  
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          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(b)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="bottom">
          <FONT size="2">Issuer&#146;s IRS Identification Number.
          </FONT></TD>
  </TR>
  
  <TR>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(c)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="bottom">
          <FONT size="2">Issuer&#146;s SEC file number, if any.
          </FONT></TD>
  </TR>
  
  <TR>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(d)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="bottom">
          <FONT size="2">Issuer&#146;s address, including zip code.
          </FONT></TD>
  </TR>
  
  <TR>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(e)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="bottom">
          <FONT size="2">Issuer&#146;s telephone number, including area
          code.
          </FONT></TD>
  </TR>
  
  <TR>
          <TD align="left" valign="top">
          <FONT size="2">2.
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(a)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="bottom">
          <FONT size="2">Name of person for whose account the securities
          are to be sold.
          </FONT></TD>
  </TR>
  
  <TR>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(b)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="bottom">
          <FONT size="2">Such person&#146;s IRS identification number, if
          such person is an entity.
          </FONT></TD>
  </TR>
  
  <TR>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(c)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="bottom">
          <FONT size="2">Such person&#146;s relationship to the issuer
          (e.g., officer, director, 10% stockholder, or member of
          immediate family of any of the foregoing).
          </FONT></TD>
  </TR>
  
  <TR>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(d)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="bottom">
          <FONT size="2">Such person&#146;s address, including zip code.
          </FONT></TD>
  </TR>
  
  <TR>
          <TD align="left" valign="top">
          <FONT size="2">3.
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(a)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="bottom">
          <FONT size="2">Title of the class of securities to be sold.
          </FONT></TD>
  </TR>
  
  <TR>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(b)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="bottom">
          <FONT size="2">Name and address of each broker through whom the
          securities are intended to be sold.
          </FONT></TD>
  </TR>
  
  <TR>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(c)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="bottom">
          <FONT size="2">Number of shares or other units to be sold (if
          debt securities, give the aggregate face amount).
          </FONT></TD>
  </TR>
  
  <TR>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(d)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="bottom">
          <FONT size="2">Aggregate market value of the securities to be
          sold as of a specified date within 10 days prior to the filing
          of this notice.
          </FONT></TD>
  </TR>
  
  <TR>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(e)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="bottom">
          <FONT size="2">Number of shares or other units of the class
          outstanding, or if debt securities the face amount thereof
          outstanding, as shown by the most recent report or statement
          published by the issuer.
          </FONT></TD>
  </TR>
  
  <TR>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(f)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="bottom">
          <FONT size="2">Approximate date on which the securities are to
          be sold.
          </FONT></TD>
  </TR>
  
  <TR>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="top">
          <FONT size="2">(g)
          </FONT></TD>
          <TD><FONT size="2">&nbsp;</FONT></TD>
          <TD align="left" valign="bottom">
          <FONT size="2">Name of each securities exchange, if any, on
          which the securities are intended to be sold.
          </FONT></TD>
  </TR>
  
  </TABLE>
  </CENTER>
  
  <P align="center">
  <HR size="1" width="100%" align="center" noshade>
  
  <DIV align="center">
  <HR size="1" width="100%" align="center" noshade>
  </DIV>
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
  
  <DIV align="center"><B>TABLE I&nbsp;&#151;&nbsp;SECURITIES TO BE SOLD</B></DIV>
  
  
  <DIV align="center"><B>Furnish the following information with respect to the
  acquisition of the</B></DIV>
  
  
  <DIV align="center"><B>securities to be sold and with respect to the payment of all
  or any part</B></DIV>
  
  
  <DIV align="center"><B>of the purchase price or other consideration therefor:</B></DIV>
  
  
  <CENTER>
  <TABLE width="100%" align="center" cellspacing="0" cellpadding="0" border="0">
  <TR>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
  
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
  
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="9%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
  
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="10%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
  
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
  
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
  
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="8%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
  </TR>
  
  <TR>
          <TD colspan="3"></TD>
          <TD></TD>
          <TD colspan="3"></TD>
          <TD></TD>
          <TD colspan="3"></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">Name of Person from</FONT></B></TD>
          <TD></TD>
          <TD colspan="3"></TD>
          <TD></TD>
          <TD colspan="3"></TD>
          <TD></TD>
          <TD colspan="3"></TD>
  </TR>
  
  <TR>
          <TD colspan="3"></TD>
          <TD></TD>
          <TD colspan="3"></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">Nature of</FONT></B></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">Whom Acquired</FONT></B></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">Amount of</FONT></B></TD>
          <TD></TD>
          <TD colspan="3"></TD>
          <TD></TD>
          <TD colspan="3"></TD>
  </TR>
  
  <TR>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">Title of</FONT></B></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">Date You</FONT></B></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">Acquisition</FONT></B></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">(if gift, also give</FONT></B></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">Securities</FONT></B></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">Date of</FONT></B></TD>
          <TD></TD>
          <TD colspan="3"></TD>
  </TR>
  
  <TR>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">the class</FONT></B></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">Acquired</FONT></B></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">Transaction</FONT></B></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">date donor acquired)</FONT></B></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">Acquired</FONT></B></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">Payment</FONT></B></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">Nature of Payment</FONT></B></TD>
  </TR>
  
  <TR>
          <TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
  </TR>
  <TR>
  
  <TD colspan="3" align="center" nowrap><B><FONT size="1">COMMON<BR>
  STOCK</FONT></B></TD>
          <TD>&nbsp;</TD>
  
          <TD colspan="3" align="center"><FONT size="1">6/29/01</FONT></TD>
  
          <TD>&nbsp;</TD>
          <TD colspan="3" align="center"><FONT size="1">PUBLIC<BR>
  OFFERING</FONT></TD>
  
          <TD>&nbsp;</TD>
          <TD colspan="3" align="center"><FONT size="1">GATEWAY FINANCIAL HOLDINGS,
  INC.</FONT></TD>
  
          <TD>&nbsp;</TD>
          <TD colspan="3" align="center"><FONT size="1">2,310</FONT></TD>
  
          <TD>&nbsp;</TD>
          <TD colspan="3" align="center"><FONT size="1">6/29/01</FONT></TD>
  
          <TD>&nbsp;</TD>
          <TD colspan="3" align="center"><FONT size="1">CASH</FONT></TD>
  </TR>
  </TABLE>
  </CENTER>
  
  
  
  <P align="left"><B><FONT size="2">INSTRUCTIONS:</FONT></B>
  
  
  
  <TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
  <TR>
          <TD width="2%"></TD>
          <TD width="98%"></TD>
  </TR>
  
  <TR valign="top">
          <TD><FONT size="2">1.&nbsp;</FONT></TD>
          <TD align="left">
          <FONT size="2">If the securities were purchased and full payment
          therefor was not made in cash at the time of purchase, explain
          in the table or in a note thereto the nature of the
          consideration given. If the consideration consisted of any note
          or other obligation, or if payment was made in installments
          describe the arrangement and state when the note or other
          obligation was discharged in full or the last installment paid.
          </FONT></TD>
  </TR>
  
  <TR valign="top">
          <TD><FONT size="2">2.&nbsp;</FONT></TD>
          <TD align="left">
          <FONT size="2">If within two years after the acquisition of the
          securities the person for whose account they are to be sold had
          any short positions, put or other option to dispose of
          securities referred to in paragraph&nbsp;(d)(3)&nbsp;of
          Rule&nbsp;144, furnish full information with respect thereto.
          </FONT></TD>
  </TR>
  
  </TABLE>
  
  <P align="center">
  <HR size="1" width="26%" align="center" noshade>
  
  <P align="center">
  <B>TABLE II&nbsp;&#151;&nbsp;SECURITIES SOLD DURING THE PAST
  THREE MONTHS</B>
  
  <DIV align="center">
  <B>Furnish the following information as to all securities of the
  issuer sold during the past three months by the person for whose
  account the securities are to be sold.</B>
  </DIV>
  
  <CENTER>
  <TABLE width="100%" align="center" cellspacing="0" cellpadding="0" border="0">
  
  <TR>
          <TD width="37%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="19%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="10%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
          <TD width="12%"><FONT size="2">&nbsp;</FONT></TD>
  </TR>
  
  <TR>
          <TD></TD>
          <TD></TD>
          <TD></TD>
          <TD></TD>
          <TD></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">Amount of</FONT></B></TD>
          <TD></TD>
          <TD></TD>
  </TR>
  
  <TR>
          <TD></TD>
          <TD></TD>
          <TD></TD>
          <TD></TD>
          <TD></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">Securities</FONT></B></TD>
          <TD></TD>
          <TD></TD>
  </TR>
  
  <TR>
          <TD align="center" nowrap><B><FONT size="1">Name and Address of Seller</FONT></B></TD>
          <TD></TD>
          <TD align="center" nowrap><B><FONT size="1">Title of Securities Sold</FONT></B></TD>
          <TD></TD>
          <TD align="center" nowrap><B><FONT size="1">Date of Sale</FONT></B></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><B><FONT size="1">Sold</FONT></B></TD>
          <TD></TD>
          <TD align="center" nowrap><B><FONT size="1">Gross Proceeds</FONT></B></TD>
  </TR>
  
  <TR>
          <TD align="center" nowrap><HR size="1" noshade></TD>
          <TD></TD>
          <TD align="center" nowrap><HR size="1" noshade></TD>
          <TD></TD>
          <TD align="center" nowrap><HR size="1" noshade></TD>
          <TD></TD>
          <TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
          <TD></TD>
          <TD align="center" nowrap><HR size="1" noshade></TD>
  </TR>
  
  </TABLE>
  </CENTER>
  
  
  <P align="left"><B><FONT size="2">REMARKS:</FONT></B>
  
  
  <P align="left"><B><FONT size="2">INSTRUCTIONS:</FONT></B>
  
  <DIV align="left"><FONT size="2">See the definition of &#147;person&#148; in
  paragraph&nbsp;(a)&nbsp;of Rule&nbsp;144. Information is to be
  given not only as to the person for whose account the securities
  are to be sold but also as to all other persons included in that
  definition. In addition, information shall be given as to sales
  by all persons whose sales are required by
  paragraph&nbsp;(e)&nbsp;of Rule&nbsp;144 to be aggregated with
  sales for the account of the person filing this notice.
  </FONT></DIV>
  
  
  <P align="center">MAY&nbsp;23, 2005<BR>
  <HR size="1" width="67%" align="center" noshade>
  
  <P align="center"><B>DATE OF NOTICE</B>
  
  
  <P align="left"><B><FONT size="2">ATTENTION:</FONT></B>
  <DIV align="left"><FONT size="2">The person for whose account the securities to
  which this notice relates are to be sold hereby represents by
  signing this notice that he does not know any material adverse
  information in regard to the current and prospective operations
  of the Issuer of the securities to be sold which has not been
  publicly disclosed.
  </FONT></DIV>
  
  
  <P align="center">/s/ D. Ben Berry<BR>
  <HR size="1" width="67%" align="center" noshade>
  <P align="center"><B>(SIGNATURE)</B>
  
  
  <P align="left"><FONT size="2">The notice shall be signed by the person for
  whose account the securities are to be sold. At least one copy
  of the notice shall be manually signed. Any copies not manually
  signed shall bear typed or printed signatures.
  </FONT>
  
  <P align="center"><B><FONT size="2">ATTENTION:&nbsp; INTERNATIONAL MISSTATEMENTS
  OR OMISSION OF FACTS CONSTITUTE FEDERAL</FONT></B>
  
  
  <DIV align="center"><B><FONT size="2">CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).</FONT></B></DIV>
  
  
  <P align="right"><B><FONT size="2">(8/96)</FONT></B>
  </BODY>
  </HTML>
metadata_documents: [{"type": "144", "sequence": "1", "filename": "g95506be144.htm", "description": "GATEWAY FINANCIAL HOLDINGS, INC./DANIEL B. BERRY", "secsgml_size_bytes": 33585}]
text: GATEWAY FINANCIAL HOLDINGS, INC./DANIEL B. BERRY
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, DC 20549
  FORM 144
  NOTICE OF PROPOSED SALE OF SECURITIES
  PURSUANT TO RULE 144 UNDER THE SECURITIES
  ACT OF 1933
  ATTENTION:
  Transmit for filing 3 copies of this form
          concurrently with either placing an order with a broker to
          execute sale or executing a sale directly with a market
          maker.
  GATEWAY FINANCIAL HOLDINGS,
  INC.
  56-2264354
  000-33223
  1(a) Name of Issuer (Please type or print)
  (b) I.R.S. Ident. No.
  (c) S.E.C. File No.
  1145 North
  Road Street
  Elizabeth City,
  NC
  27909
  252 334-1511
  1(d) Address of Issuer
  Street
  City
  State
  Zip Code
  (e) Telephone No.
  Area Code   Number
  Daniel B. Berry
  Officer
  1145 North Road Street,
  Elizabeth City, NC 27909
  2(a)
  Name of Person for Whose
  (b)
  Social Security
  (c)
  Relationship
  (d)
  Address Street City State Zip  Code
  Account the Securities
  No. or I.R.S.
  to Issuer
  are to be Sold
  Ident. No.
  INSTRUCTION:
  The person filing this notice should contact the
          issuer to obtain the I.R.S. Identification Number and the S.E.C.
          File Number.
  3(a)
  Title of the Class of Securities To Be Sold
  Common Stock
  (b)
  Name and Address of Each Broker Through Whom the
          Securities are to be Offered or Each Market Maker who is
          Acquiring the Securities
  Ryan Beck & Co., 222 Lakeview Avenue, West Palm
  Beach, FL 33401
  S.E.C. use only
  Broker-Dealer File Number
  (c)
  Number of Shares or Other Units To Be Sold (See
          instr. 3(C))
  2,310
  (d)
  Aggregate Market Value (See instr. 3(d))
  46,084.50
  (e)
  Number of or Other Units Outstanding (See instr.
          3(e)) Shares
  6,697,672
  (f)
  Approximate Date of Sale (See instr. 3(f)) (Mo.
          Day Yr.)
  05/23/2005
  (g)
  Name of Each Securities Exchange (See instr. 3(g))
  NASDAQ
  INSTRUCTIONS:
  1.
  (a)
  Name of issuer.
  (b)
  Issuer's IRS Identification Number.
  (c)
  Issuer's SEC file number, if any.
  (d)
  Issuer's address, including zip code.
  (e)
  Issuer's telephone number, including area
          code.
  2.
  (a)
  Name of person for whose account the securities
          are to be sold.
  (b)
  Such person's IRS identification number, if
          such person is an entity.
  (c)
  Such person's relationship to the issuer
          (e.g., officer, director, 10% stockholder, or member of
          immediate family of any of the foregoing).
  (d)
  Such person's address, including zip code.
  3.
  (a)
  Title of the class of securities to be sold.
  (b)
  Name and address of each broker through whom the
          securities are intended to be sold.
  (c)
  Number of shares or other units to be sold (if
          debt securities, give the aggregate face amount).
  (d)
  Aggregate market value of the securities to be
          sold as of a specified date within 10 days prior to the filing
          of this notice.
  (e)
  Number of shares or other units of the class
          outstanding, or if debt securities the face amount thereof
          outstanding, as shown by the most recent report or statement
          published by the issuer.
  (f)
  Approximate date on which the securities are to
          be sold.
  (g)
  Name of each securities exchange, if any, on
          which the securities are intended to be sold.
  TABLE I — SECURITIES TO BE SOLD
  Furnish the following information with respect to the
  acquisition of the
  securities to be sold and with respect to the payment of all
  or any part
  of the purchase price or other consideration therefor:
  Name of Person from
  Nature of
  Whom Acquired
  Amount of
  Title of
  Date You
  Acquisition
  (if gift, also give
  Securities
  Date of
  the class
  Acquired
  Transaction
  date donor acquired)
  Acquired
  Payment
  Nature of Payment
  COMMON
  STOCK
  6/29/01
  PUBLIC
  OFFERING
  GATEWAY FINANCIAL HOLDINGS,
  INC.
  2,310
  6/29/01
  CASH
  INSTRUCTIONS:
  1.
  If the securities were purchased and full payment
          therefor was not made in cash at the time of purchase, explain
          in the table or in a note thereto the nature of the
          consideration given. If the consideration consisted of any note
          or other obligation, or if payment was made in installments
          describe the arrangement and state when the note or other
          obligation was discharged in full or the last installment paid.
  2.
  If within two years after the acquisition of the
          securities the person for whose account they are to be sold had
          any short positions, put or other option to dispose of
          securities referred to in paragraph (d)(3) of
          Rule 144, furnish full information with respect thereto.
  TABLE II — SECURITIES SOLD DURING THE PAST
  THREE MONTHS
  Furnish the following information as to all securities of the
  issuer sold during the past three months by the person for whose
  account the securities are to be sold.
  Amount of
  Securities
  Name and Address of Seller
  Title of Securities Sold
  Date of Sale
  Sold
  Gross Proceeds
  REMARKS:
  INSTRUCTIONS:
  See the definition of "person" in
  paragraph (a) of Rule 144. Information is to be
  given not only as to the person for whose account the securities
  are to be sold but also as to all other persons included in that
  definition. In addition, information shall be given as to sales
  by all persons whose sales are required by
  paragraph (e) of Rule 144 to be aggregated with
  sales for the account of the person filing this notice.
  MAY 23, 2005
  DATE OF NOTICE
  ATTENTION:
  The person for whose account the securities to
  which this notice relates are to be sold hereby represents by
  signing this notice that he does not know any material adverse
  information in regard to the current and prospective operations
  of the Issuer of the securities to be sold which has not been
  publicly disclosed.
  /s/ D. Ben Berry
  (SIGNATURE)
  The notice shall be signed by the person for
  whose account the securities are to be sold. At least one copy
  of the notice shall be manually signed. Any copies not manually
  signed shall bear typed or printed signatures.
  ATTENTION:  INTERNATIONAL MISSTATEMENTS
  OR OMISSION OF FACTS CONSTITUTE FEDERAL
  CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
  (8/96)