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The liquidators of the City of Glasgow Bank are paying the remaining debts due by the bank to all who present claims. They have been enabled to do so because the principal solvent shareholders have formed themselves into a company and taken over the bank assets, which they will hold and dispose of at a favourable opportunity.

Source: The Illustrated London News, No.2257—Vol. LXXXI, Saturday, August 5, 1882, p.142