DATE: Monday, April 21, 1997                TAG: 9704190310

SECTION: BUSINESS                PAGE: D2   EDITION: FINAL 

                                            LENGTH:   29 lines

NEWS OF RECORD

BANKRUPTCIES

Bankruptcies, of business and individuals operating businesses, filed in U.S. Bankruptcy Court in Norfolk:

Americas Foods Inc., production of fresh and frozen sandwiches, filed Chapter 11 reorganization on April 4 with assets of $5,875,000 and liabilities of $5,833,845.16.

Appletree Companies Inc. filed for Chapter 11 reorganization on April 4 with assets of $5,875,000 and liabilities of $5,833,845.16.

Luther D. Polston III, trading as Fresh Start Construction, filed Chapter 13 debt repayment plan on April 8. Assets and liabilities were not available.

Zephana Compton Bivens, trading as Wood Artistry and Toys, filed Chapter 7 liquidation on April 9 with assets of $8,375.69 and liabilities of $78,039.10.

Donald Gaines Gregory and Virginia Florence Gregory, D.G. Construction Co., filed Chapter 7 liquidation on April 10. Assets and liabilities were not available.

CONTRACTS

Triad of Va. Inc. in Chesapeake received a $439,210 contract for Rosemont Road/Windsor Woods drainage in Virginia Beach.

Womack Contractors in Chesapeake received a $1 million contract for the Volvo Parkway 1994 road bond referendum in Chesapeake.

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