§ 17. Mr. BOWERMANasked the President of the Board of Trade whether litigation over the distribution of the assets of the Birkbeck Bank has terminated; whether the Official Receiver will be in a position to declare a further dividend; and, if so, can he state when such distribution will be made to the bank's depositors?
Mr. RUNCIMANThe litigation with regard to the assets of the Birkbeck Bank has ended. There are still some further assets to be realised, and the Official Receiver hopes to be able to declare a final dividend of about 8d. in the £, making a total distribution of 16s. 8d. in the £, not later than next March.