Portage sentinel. [volume] (Ravenna, Ohio) 1845-1854, 1851-06-09
FA R MI Il Ie -
INSURANCE COMPANY
OF PORTAGE. COUNTY,
OFFICE IN RAvENNA, OHIO.

THIS Company was organized, March
Il 9th, in conformity with tie Cnarrer
cbtained from the Legislature, Jan. 29nd,
iS5l.is now ready to take risks on the most
favorable terms. II will be seen that we
have adopted new system, which is thought
to be an improvement over any other, now
beforeea discriminating public. In the pro-
duetion of this company. it was our inien-
tion 20 f .rn one on new principle, as Tie
Old Mutual system has become very unpep-
u.ar among the farmers, and we aatter our
selves, from the approbationit has received
from the Farmers of Portage County, that
the company is destined to stand unrirdfed.
TO SECURE THE INTEREST OF
TIE FARMER MORE FULLY. the Conn
pany have divided their responsibility into
three classes or kinds of frsks viz:
Fare, Lightning, Tornado and Hal,
and II is So arranged that the applicant may
at his option Insure in either. One. 1'sco or
all Three of the classes; the cost always
being in proportion to the number of classes
or risk required of the company, and the
amount Of property to be insured, We be-
lieve by combining these principles of lnsu-
re-, ce, and harmonizlng them together, avoid
ing the hazards of large amounts in one risk,
and by using economy in the management
Of its affairs, that the Farmers Insurance
Company Of Portage County will furnish as
Cheap, safe and reliable protection
as can otherwise be obtained, and we hore
that Farmers of this county will have con-
fidence enough 10 scorD to shame those Me-
dina Agents who are using all possible dill
gcnce TO falsify and slaDder this company
BY every possible means that they can make
use OF, hen the only real objection they
have is tfey are envious of the good success
OF this company.
We presume that there are thousands of
farmers who would insure their property
without farther delay could they but be sat>
lsfed that there would be no assessments
made. To such we would ask, who ever
knew or ever hea rd of company that was
strictly Farmers Company that ever levied
do know Farmers Companies, that have
been in existence from to l2 years, and
have accumulated large fund over all loss
ses and expenses. The Western Farmers
Insurance Co., at Batavia, New York, when
they issued their 4,h annual report had over
1000 on hand; when they issued their 5th
report had over $4,000; when they issued
their 9Th report they had over $4,000, and
Now the question arises, if companies in
New York can do this why can we not do it
in this State. Our Charter and Bylaws
are very near like theirs, and it was our in
tent 10 form company on nearly the same
principle. Should our fund accumulate like
theirs, we shall have a dividend or distribu.
tioa Of the funds on policies that shall ex.
pire once in every Eve years during the ex-
istence of the company. IN NO OTHER
| COMPANY we care not where located, Can
the Farmer participate of the profits of the
funds at tke expiration of his policy as 1t is
thus arranged in this company.
Some of the i'm portant liberal features oi
this Company are:
LIST. No assessment can ever be made ex'
cept the same shall be necessary for the pay.
ment of actual losses.
end. No official or any other expenses
whatever can ever be assessed on the preml
| um notes.
Srd. Sec. 9th of the Act OF Incorporation
I provides that aay member may at ?ny time
surrender his policy and withdraw from th,
company, and shall be en-ltled to receive
back his deposite note &c. ....
4th. All losses will be adjusted on fai
and equitable principles, and litigation will
be avoided as far as the honor and the inter
ests of the members will permit.
! We hope that every Farmer to whose no
tice our circular shall be presented will be
fore insu ring elsewhere give our Charte
and Bylaws (which are sent to every mem
Der in his poicy,) thorough and candi,
/ perusal, and if upon such examination it ht
found that we possess rules and regulations
worthy of merit, We hope that every Farmer
will, without hesitation, confer upon us his
patronage, before a loss shall impress upoI
his mlnd the importance of so doing.
N. b. All communications on the business
of the company, should be addressed to thu
Secretary, Ravenna, Portage county, Ohio
OFFICERS.
/ RICHARD J. THOMPSON, President.
DAVID MCINTOSH, Vice President,
GEO. w. HINCKLEY, Secretary
ENOS P. BRAINERD. Treasurer
DIRECTORS. -zs
| David Mcintosh, Shalersville, -
Eli Booth, Edinburgh, go. s..--.
Alvah Udall, Hiram,
Moses Bundv, Jr., Pennington, b.
Samuel s. Splcer, Edinburgh,
Lewis +. Booth. Edinburgh,
GENERAL AGENTS..
VIM. a. Torrey, d. Sylvester Taylor, Jr
Shoes, Shoes!
TENTLEM EN- ant
-&R> " Youths Goat Bro
| gans. selling off fast a