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neiiiuuuj, xj. ±u. xiuyuuii tiuuPrice,AFTERNOON SESSION.The first topic under consideration was “The most efficient means of working up the business of a Mutual Association.’* Discussion by J. C. Anderson, followed by R. A. Pi liner, of Des Moines, Murphy, of Jasper county, Brown, of Cerro Gordo county, and President Farrington.The blanket policy was advocated by C, D. Rein king, the plan of putting applicant under bonds by Geo. W. Franklin, and prompt payment of losses by Mr. Green, The committee on resolutions reported as follows:Resolved, That the most efficient means of working up the business of a Mutual Association is by using integrity, energy, knowledge and promptness in conducting its business by its officers.“The minimum and maximum territory and the amount of insurance fora Mutual Company,” was the next topic. Excellent papers were read by Mr. J, lt;J. Baker, of Emmet sburg, and Mr. D. M. Hayden, of Auies, which were followed by discussion under the five-minute rul*. Mr, Tatumrecommended the consolidation of small companies, while Mr. Lewis thought one county should be the maximum and minimum size of a company. The committee reported the following:Resolved, That it is the sense of this convention that a county, or its equivalent, is a reasonable amount of territory, and that the minimum amount should not be Jess than *100,0(X), increased as fast as possible.Mr. Reinking was appointed a committee on reduced railroad rates.The question, “Wha* constitutes farm machinery and agricultural implements, and what rules should govern their insurance?’5 was next taken, up and was openedby Mr. Miles Bradford, of Washington, who advocated the insurance of all machinery and tools used on the farm, and would itemize such machinery. After considerable discussion it wasResolved, That, In the judgment of this convention a wind mill is not a farm implement or farm machinery.
Newspaper Details
Homestead
Des Moines, Iowa, US
Fri, Jan 03, 1890
Page 10
Full Page
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Anonymous
USA 23 Sep 2019
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