Community dispatch disseminates nationwie community alerts, travel alerts, health outbreaks and other misc. announcements from federal, state and local government agencies
Monday, August 14, 2006
Notice of Pending Liquidation to Holders of Common Stock
Notice of Pending Liquidation to Holders of Common Stock: "The Benj. Franklin Federal Savings and Loan Association (Benj. Franklin) of Portland, Oregon was closed by the Resolution Trust Corporation on September 7, 1990. The Federal Deposit Insurance Corporation has been serving as successor receiver (the “FDIC”) for Benj. Franklin since January 1, 1996. Pursuant to applicable federal law, 12 U.S.C. Section 1821 (d) (11) (v), the FDIC shall pay surplus funds in the receivership to shareholders of Benj. Franklin after payment of all creditors and the administrative expenses of the receivership"
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