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creditors Four thousand depositor Bank of Portsmouth, the failed State checks in ten week receive are this losses, should salvage on their cent per Frank Lawrence, feel grateful to very State Bank, for of the defunct receiver, which he has efficient manner in the in his hands handled the trust placed Court of HustBain, of the Judge K. following discovery ings, immediately and the insolvency the Larkin shortage the wrecked bank. of his office in the Thursday at Beginning Bank, High and American National Lawrence will comdle streets, Receiver of salvage checks, the distribution mence to something amounting in the aggregate This distribution comes around $36,000. months after remarkably within eight State Bank doors. the of the closing bank failures in in the history of Never has there ever before come Virginia to creditors under year's distribution receivership. of the affairs of the Efficient handling of sharp State Bank, the application down of trust economies, and the holding of every expense brought about the present kind, has sult. For it all, Receiver Lawrence deserves warmest not only from benefited, but those who are directly from the public at large. for the benefit Receiver Lawrence in whose behalf ten State Bank creditors, per cent distribution checks have been be hand at his prepared, will not only on banking hours, beginning during for the distribution Thursday, checks, but for the of those who cannot come in banking time, will remain at his desk until six o'clock to Saturday, March in the evening up he will hold his office which date on National Bank until the American open Bank deposits amountThe total State to something like at the time closed. About the bank's doors were of however, was absorbed $36,000 this, the part of depositors obligations on which, under the statutory to the bank, became an offset law of Virginia, total deposit credits In this way posits. $360,000. Thus the total reduced to were distribution at this ten cent salvage per time of $36,000.