Salt Lake Telegram | 1925-03-31 | Page 14 | Salt Lake Roundup without Assets

i Salt Lake Roundup I I Without out Assets Salt Lake City Frontier r Roundup Rounds Round Round- up association has no assets and does not plan to r refinance This is the information matlon Imparted to the state by Sam I re Smith in a letter to John II H. Glenn state director of i finance and purchase who had endeavored enI endeavored en- en to collect as I the proportion proportion proportion pro pro- I portion of or the loss by fire in the I burning of at the grandstand at the t state fairgrounds last fall tall the tle I roundup rOl association having leased the state fairgrounds on which to j 1 give Its ita entertainment The indications indications indi- indi indications j in view of Ot the letter of at Director Di Director Director Di- Di rector Smith are that the stat have to assume the loss Demand was made on February 16 of at the current year upon the roundup as association association as- as for tor the amount stated and on Monday l tho the reply was re received received re- re rea a as follows As you probably know the corporation corporation corporation cor cor- has no assets and does not plan to refinance Just what the future of the present corporation will be we are unable to state We have have been advised by B Harding of ot San Francisco western western western west west- ern adjusters for tor Lloyds Lloyda that their company likewise disclaims any liability liability lia lia- liability on the claim as set forth In I your our letter However we have no objection to your taking this matter up direct di direct dl- dl with Lloyds representatives at I any time if It you so desire and and- we will be glad giad show you rou our policy I t written by them