Panchayat institutions steal electricity

Now, many of these institutions have been blacklisted for stealing. Recently, the energy department sent a letter to the government, asking the latter to direct ZPs, TPs and GPs not to draw electricity unauthorizedly.

The corrected release reads: MARGARET BILLINGHAM, PIONEER IN HEART TRANSPLANT PATHOLOGY AT STANFORD, DIES AT78 Margaret Billingham, MD, a founder of the field of cardiac transplantationpathology who developed the "Billingham`s criteria" that doctors still use tograde heart transplant rejection, died of kidney cancer on July 14 She was 78. Heald, President, Chief Executive Officer, +1-831-457-5003, ext.2116, , or Vic Davis, Senior Vice President, ChiefFinancial Officer, +1-831-457-5003, ext. 2217, , bothof Santa Cruz County Bank. July 21 (Reuters) - Commercial lender CapitalSource Inc(CSE.N) on Tuesday sold $300 million of senior secured firstpriority notes in the 144a private placement market, said IFR,a Thomson Reuters service. Credit Suisse, Citigroup, JP Morgan, and Wells FargoSecurities were the joint bookrunning managers for the sale.BORROWER: CAPITALSOURCE INCAMT $300 MLN* COUPON 12.75 PCTMATURITY 07/15/2014TYPE SR SEC NTS ISS PRICE 93.966FIRST PAY 01/15/2010MOODY'S Ba3 YIELD 14.5 PCTSETTLEMENT 07/27/2009S&P DOUBLE-BSPREAD 1216 BPS PAY FREQ SEMI-ANNUALFITCH N/AMORE THAN TREASMAKE WHOLE CALL 100 BPS* $281.898 MLN PROCEEDS TO ISSUER Stocks  |  Bonds Stocks Bonds.

Such risks and uncertainties could cause results for subsequent interimperiods or for the entire year to differ materially from those indicated. Readers should not place undue reliance on the forward-looking statements,which reflect management's view only as of the date hereof.The Bankundertakes no obligation to publicly revise these forward-looking statementsto reflect subsequent events or circumstances. The Bank's full-service banking offices are located in Aptos,Capitola, Santa Cruz, Scotts Valley and Watsonville.The Bank commencedoperations on February 3, 2004 in Santa Cruz.Santa Cruz County Bank's common stock is listed on the Over the Counter (OTC)Bulletin Board under the stock symbol SCZC. More information on the Bank maybe obtained through its website: or by calling (831)457-5000.This release may contain forward-looking statements that are subject to risksand uncertainties.

Such risks and uncertainties may include but are notnecessarily limited to fluctuations in interest rates, inflation, governmentregulations and general economic conditions, and competition within thebusiness areas in which the Bank is conducting its operations, including thereal estate market in California and other factors beyond the Bank's control. The Bank operates five full-service banking offices, a BusinessLending Office and two self-serve banking centers, all of which have receiveda Green Business Certification Award by the Monterey Bay Area Green BusinessProgram. based upon its first quarter 2009 performance.--The Bank began to accept Registered Warrants issued by the State ofCalifornia for its customers during the State Budget Stalemate inJuly.About Santa Cruz County BankHeadquartered in Santa Cruz, Santa Cruz County Bank is a full service bankserving the banking needs of individuals and businesses throughout Santa CruzCounty. Tocomply with this rule, Santa Cruz County Bank recognized an extraordinaryexpense of $111,211 during the second quarter of 2009. An additional specialassessment of up to 5 basis points later in 2009 is probable, but the amountis uncertain.Year to Year Highlights for Second Quarter:For the Bank's second quarter-ended June 30, 2009 compared to the secondquarter-ended June 30, 2008:--Total deposits increased by $48.2million, 28%, to $218.7 million--Gross loans increased by $23.2 million, 18%, to $153.1 million--Total assets increased by $49.5million, 26%, to $241.2millionHighlights of Recent Activities: --The Bank's Gross Loans exceeded $150 million for the first time inthe Bank's history.--The Bank received a four-star "excellent rating" from BauerFinancial Reports, Inc. The assessment is part of the FDIC's effort to rebuild the DepositInsurance Fund and help maintain public confidence in the banking system.