Pittsburgh Legal Newslog: Dwelling House Savings Continues to Raise Capital, but the Climb is Steeper at the End.

Posted By Cliff Tuttle | June 25, 2009

Posted by Cliff Tuttle (c) 2009
The local community rallied for Dwelling House last Friday. They marched from Hill House to Dwelling House and would have deposited enough to capitalize Dwelling House, if it had only been that easy. While the bank has already raised over $1,000,000 in conventional deposits, it must complete the capitalization with “non-withdrawable funds.” Here are the latest news reports:

Pittsburgh Post Gazette, June 20, 2009.

Pittsburgh Tribune Review, June 20, 2009.

Pittsburgh Tribune Review, June 24, 2009.

Thanks to the PG and Trib for their continuing coverage of this matter of critical importance to the Hill District and Pittsburgh — that means all of us.

CLT

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CLIFF TUTTLE has been a Pennsylvania lawyer for over 45 years and (inter alia) is a real estate litigator and legal writer. The posts in this blog are intended to provide general information about legal topics of interest to lawyers and consumers with a Pittsburgh and Western Pennsylvania focus. However, this information does not constitute legal advice and there is no lawyer-client relationship created when you read this blog. You are encouraged to leave comments but be aware that posted comments can be read by others. If you wish to contact me in privacy, please use the Contact Form located immediately below this message. I will reply promptly and in strict confidence.

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