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

DATE: Monday, December 11, 1995              TAG: 9512090220
SECTION: BUSINESS WEEKLY          PAGE: 18   EDITION: FINAL 
                                             LENGTH: Short :   50 lines

DIGEST

NEW BUSINESSES

Ted Belden has acquired a business license to operate BottomLine Resources, an expense control consulting business in Virginia Beach.

Charles E. Reichhoff, a former branch manager with First Union National Bank, has opened Reichhoff & Associates, specializing in capital acquisition and business expense reduction, on Pacific Avenue in Virginia Beach.

BANKRUPTCIES

Business bankruptcies filed in U.S. Bankruptcy Court in Norfolk:

Richard Hercules Inc. filed Chapter 7 liquidation on Nov. 27. Assets and liabilities were not available.

R.H. Johnston Contractor Inc., construction, filed Chapter 7 liquidation on Nov. 29. Assets and liabilities were not available.

Thomas W. Webber, marketing/advertising, filed Chapter 13 debt repayment plan on Nov. 29 with assets of $133,553 and liabilities of $130,952.62.

Robin L. Cullen, trading as Cullen Ventures Inc. and Pets & Plants, filed Chapter 7 liquidation on Nov. 30. Assets and liabilities were not available.

H.B. Inc., former parent company Home Builders Inc., motel construction, filed Chapter 7 liquidation on Nov. 30 with no assets and liabilities of $8,000.

Ribs Home Center Inc., trading as Ribs Furniture & T.V. Inc., filed Chapter 11 reorganization on Nov. 30, with assets of $50,000 and liabilities of $1,829,388.

Doris Estelle Shanks, doing business as Southwest Treasurer, filed Chapter 7 liquidation on Dec. 4 with assets of $13,890 and liabilities of $58,168.46.

Thomas Wayne Joyce, landscaping, filed Chapter 13 debt repayment plan on Dec. 4. Assets and liabilities were not available.

CONTRACTS

W. R. Hall Inc. received a $522,242 contract for simonsdale drainage improvements, phase 1, Roberts Ct. in Portsmouth.

- By Juanita Raisor MEMO: Digest reports news of record about businesses in Hampton Roads. Items

accepted include reports of mergers, acquisitions, relocations,

significant expansions, substantial government contract awards, national

honors and awards.

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

Brambleton Ave., Norfolk, VA 23510.

by CNB