The Virginian-Pilot
                             THE VIRGINIAN-PILOT 
              Copyright (c) 1996, Landmark Communications, Inc.

DATE: Monday, January 1, 1996                TAG: 9512300281
SECTION: BUSINESS WEEKLY          PAGE: 03   EDITION: FINAL 
SOURCE: By Juanita Raisor
        
                                             LENGTH: Medium:   76 lines

DIGEST

MERGERS

Gary Crumpler of Area Realty merged with Thomas J. Decker Jr. of The Prudential Decker Realty. The company will operate as The Prudential Decker Realty.

NEW BUSINESSES

Jackson Hewitt tax service, has opened Campbell Travel agency in its headquarter building on Bonney Road in Virginia Beach. The agency is managed by Brigette Campbell.

Rock White has acquired a business license to operate White & Associates certified public accountants in Chesapeake.

BANKRUPTCIES

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

R&R Finance Co. Inc. filed Chapter 11 reorganization on Dec. 4 with Assets of $297,518.88 and liabilities of $1,835,484.21.

MZ Inc., trading as Il Porto restaurant, filed Chapter 11 reorganization on Dec. 4 with assets of $152,558 and liabilities of $995,631.41.

Michael Walter Sullivan and Debra Lynn Sullivan, doing business as Dusters After Dark, filed Chapter 13 debt repayment plan on Dec. 7 with assets of $108,840 and liabilities of $171,079.

Elizabeth A. Nelson, accountant, filed Chapter 7 liquidation on Dec. 12 with assets of $3,265.59 and liabilities of $24,406.38.

Advanced Restoration Technology, trading as Artech Corp., concrete restoration, filed Chapter 11 reorganization on Dec. 12. Assets and liabilities were not available.

Gerald A. Gordon, carpenter contractor, filed Chapter 7 liquidation on Dec. 13 with assets of $133,423 and liabilities of $113,383.

Clifford Wayne Ottaway, trading as Key Security & Training Services, filed Chapter 11 reorganization on Dec. 14. Assets and liabilities were not available.

Professional Coating (North America) Inc., ship repair painting service, filed Chapter 7 liquidation on Dec. 14. Assets and liabilities were not available.

Benchwood Townhouses LLC, (R.G. Moore, Moore Management Corp.), filed Chapter 11 reorganization on Dec. 18 with assets of $2,498,626 and liabilities of $1,571,738.

W.A. Mallory Co. Inc., Simpkins Wholesale Co. (candy and tobacco company) filed Chapter 11 reorganization on Dec. 19 with assets of $300,000 and liabilities of $153,395.

Harold E. Brown and Linda K. Brown, fashions, filed Chapter 7 liquidation on Dec. 19 with assets of $9,790 and liabilities of $118,543.96.

Peking Duck Restaurant Inc., trading as Chinatown Restaurant, filed Chapter 11 reorganization on Dec. 20 with assets of $66,780 and liabilities of $230,000.

Spencer L. Scott, architect, filed Chapter 7 liquidation on Dec. 20 with assets of $436,779 and liabilities of $587,896.95.

Corporate Telecommunications Group Inc., trading as CTG, sales and service of telephone systems, filed Chapter 11 reorganization on Dec. 26 with assets of $6,712.39 and liabilities of $55,853.53.

CONTRACTS

Abante Corp. in Norfolk received a $562,868 contract for rehab of HVAC system in building 61 Thrun Hall at the USCG Support Station in Elizabeth City, N. C.

O.K. James Construction Inc. in Williamsburg received a $2.8 million contract for expansion of the alumni center at the College of William and Mary.

Inner-View Ltd. in Chesapeake received a $1.9 million contract for rehab of the Hampton Trunk Sewer Ext. 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