B-146593, JAN. 11, 1962
Highlights
TO PROVIDENT TRADESMENS BANK AND TRUST COMPANY: REFERENCE IS MADE TO YOUR LETTER DATED DECEMBER 6. WE HAVE TODAY DIRECTED THAT YOUR CLAIM BE ALLOWED IN AN AMOUNT EQUAL TO $1. TO THE DATE ON WHICH IT IS ESTIMATED SUCH PAYMENT WILL BE RECEIVED BY YOUR INSTITUTION. IT IS UNDERSTOOD THAT SUCH PAYMENT REPRESENTS FULL SETTLEMENT OF YOUR CLAIMS UNDER THE ASSIGNMENT IN QUESTION AND THAT YOUR ACCEPTANCE OF SUCH PAYMENT WILL THEREFORE OPERATE AS A RELEASE FROM ANY FURTHER CLAIMS BY YOUR INSTITUTION BASED UPON SUCH ASSIGNMENT.
B-146593, JAN. 11, 1962
TO PROVIDENT TRADESMENS BANK AND TRUST COMPANY:
REFERENCE IS MADE TO YOUR LETTER DATED DECEMBER 6, 1961, RELATIVE TO AN ASSIGNMENT TO YOUR INSTITUTION BY DIETERLY BROTHERS OF MONIES DUE UNDER CONTRACT DA-28-013-AI-2241.
IN ACCORDANCE WITH YOUR LETTER, WE HAVE TODAY DIRECTED THAT YOUR CLAIM BE ALLOWED IN AN AMOUNT EQUAL TO $1,250 PLUS INTEREST FROM JUNE 23, 1960, TO THE DATE ON WHICH IT IS ESTIMATED SUCH PAYMENT WILL BE RECEIVED BY YOUR INSTITUTION. IT IS UNDERSTOOD THAT SUCH PAYMENT REPRESENTS FULL SETTLEMENT OF YOUR CLAIMS UNDER THE ASSIGNMENT IN QUESTION AND THAT YOUR ACCEPTANCE OF SUCH PAYMENT WILL THEREFORE OPERATE AS A RELEASE FROM ANY FURTHER CLAIMS BY YOUR INSTITUTION BASED UPON SUCH ASSIGNMENT.