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Show 00 y BOND FIRM FOUND IN BAD CONDITION ; SIOUX CITY, lowa. March 25 Liabilities of tho American Bonding ' Casualty company of Sioux City, Iowa i"tnl S 112. 3 and assets arc. valued at Jl, 548, 852 according to 1 report filed with the district court by W, F. Grandy, receiver of the company After Aft-er deducting securities held by receivers re-ceivers in Illinois, Texas and Ohio, the report states the amount of assets will be tcduced about $-U12.S9. Iowa insurance Inspectors have checked off 1588,662, as non-admitted assets" and additional assets totalling S267.-173 S267.-173 are worthless, according to Mr Grandy's teport. The company went Into the hands of the receiver February 1, 1921 |