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North Dallas Bank affiliate's liquidation proceeds distribution due in April

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North Dallas Bank affiliate's liquidation proceeds distribution due in April

The board of North Dallas Bank & Trust Co. affiliate N.D.B. Co. Inc. set March 31 as the record date for the distribution of the proceeds from its liquidation.

Distribution of liquidation proceeds will be April 7. The distribution will be roughly $4.32 per share.

N.D.B. Co.'s outstanding shares are held in trust for the benefit of North Dallas Bank & Trust shareholders.