There's a problem with box 2. If the IOException is thrown in the stream's constructor (FileNotFoundException) then there will be a NullPointerException if we try to call close!

  InputStream in = null;
  try
  {
      in = new FileInputStream(new File("test.txt"));
      //do stuff with in
  }
  catch(IOException ie)
  {
      //SOPs
  }
  finally
  {
      try
      {
          if(in != null)
          {
              in.close();
          }
      }
      catch(IOException ioe)
      {
          //can't do anything about it
      }
  }

This merely proves your point! :-)