§ 48. Mr. Snowasked the President of the Board of Trade what is the present intention regarding a distribution by the liquidators of Yates Bank, Lichfield, to depositors; and what sum is in hand at present by the liquidators for distribution.
§ Mr. ErrollI am informed that the distribution of a dividend is dependent upon the outcome of the civil proceedings which have been initiated by the company; about £130,000 is in hand, from which the cost of the liquidation will have to be paid.