The Virginian-Pilot
                             THE VIRGINIAN-PILOT 
              Copyright (c) 1995, Landmark Communications, Inc.

DATE: Monday, March 13, 1995                 TAG: 9503110186
SECTION: BUSINESS WEEKLY          PAGE: 09   EDITION: FINAL 
SOURCE:    - By Juanita Raisor
                                             LENGTH: Medium:   75 lines

DIGEST

INTERNET

Signet Banking Corp.---http:/wwww.infi.net/collegemoney

Home Technologies Group --- htg(AT)infi.net

BANKRUPTCIES

Bankruptcies filed in U.S. Bankruptcy Court in Norfolk:

All Tech Inc. filed Chapter 7 liquidation on March 2, with assets of $93 and liabilities of $35,623.40

First Choice Meats Inc. filed Chapter 7 liquidation on March 2, with assets of $3,525 and liabilities of $109,737.19.

Charles Marvin Kahler, home improvement, filed Chapter 7 liquidation on March 2, with assets of $5,958 and liabilities of $135,358.47.

Business Systems Installation Inc. filed Chapter 11 reorganization on March 2, with assets of $38,694.38 and liabilities of $171,528.42.

Roger Lemmond, also known as Hy-Tech Electric and Roger Lemmond Jr., filed Chapter 13 debt repayment plan on March 3, with assets of $151,696 and liabilities of $190,501.19.

Bankruptcies filed in U.S. Bankruptcy Court in Newport News:

Lenox Square Associates, Wellington Apartments, filed Chapter 11 reorganization on Dec. 28, with assets of $2 million and liabilities of $2.3 million.

Contemporary Concepts Inc., trading as Dirt Buster Laundromat, filed Chapter 11 reorganization on Jan. 27, with assets of $221,000 and liabilities of $38,100.

Cabinets Unlimited Inc. filed Chapter 7 liquidation on Feb. 1, with assets of $7,746 and liabilities of $59,651.

Woods TV & Appliance Center filed Chapter 7 liquidation on Feb. 10, with assets of $36,438 and liabilities of $102,914.

N.R.S. Associates Inc., doing business as, Randy Sawyer, general contractor, filed Chapter 7 liquidation on Feb. 10, with assets of $1,350 and liabilities of $324,915.

Tony Ulisse & Associates filed Chapter 11 reorganization on Feb. 21. Assets and liabilities were not available.

GOV. CONTRACTS

Rountree Construction Co. in Suffolk received a $1.9 million contract from the city of Portsmouth for Twin Pines Road widening, Phase 1.

The Oyster Point Construction Co. in Newport News received a $3.3 million contract from the Virginia Beach School Board for alterations and additions to Holland Elementary and Alanton Elementary Schools.

Mid-Eastern Builders Inc. in Chesapeake received a $4.9 million contract from ther County of Henrico for a regional jail project- Parham Landing wastewater treatment plant in New Kent County.

PVT. CONTRACTS

McKenzie Construction Corp. in Virginia Beach received a $1.3 million contract from Performance Buick/Pontiac for construction of a dealership on Portsmouth Boulevard at Taylor Road in Chesapeake.

Hoy Construction Inc. in Norfolk received a $520,000 contract from Virginia Beach Federal Savings Bank to build a bank facility on Greenbrier Parkway in Chesapeake.

CAB Builders Inc. received a $2.6 million contract from Macedonia United Church to build a church on Marshall Avenue in Norfolk. MEMO: Digest reports news of record about businesses in Hampton Roads. Items

accepted include reports of mergers, acquisitions, relocations,

significant expansions, government contract awards of more than

$500,000, national honors and awards.

Information should be sent to Juanita Raisor, Business News, 150 W.

Brambleton Ave., Norfolk, VA 23510.

by CNB