Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1874-05-14
BLOOMINGTON
FARMERS FIRE INSURANCE COMPANY

FARMERS FIRE INSURANCE COMPANY
PREAMBLE :-wEKREAs, We now organize this
the lth day OF April A. D. 1874 by adopting the fol
lowing Articles of Association: WITNEsSETH
That we ana all other persons, who may become
M are hereby associated Ly the name Of tn.
BLo0MiNGTON FARMERS FIRE INSURANCE
COMPANY. Of the towns of Bloomington, Beetewn
Cassviiie Glen Haven, Little Grant, Mount Hope
MiliVlue, Patch Grove, Waterloo, Woodman and Wya
lusing.
ARTICLES OF ASSOCIATION ARrloLE l. The
OBJECT OF sad company being to insure buildings, al
wen as household furniture and other personal prop
eaty, against Loss or Damages by IRE or lightning.
The company to continue in force for thirty years
from date except provided in Art u.s. and assumes
all the rights privileges and liabilities provided in
Chapter los, General Laws of the State Wisconsin,
approved March 49, 1872 (and all amendment Is thereto
entitled: "An act authorizing the formation of Town
Insurance Companies"
Article 2. All persons who have become insured in
tins company are members thereof as long their
insurance continues
Article 3. The principal place of doing business
shall be in Bloomington, Grant County, Wisconsin,
and an annual meeting of the company shall be
held II the Village of Bloomington, the
first Tuesday in January of each year, at
ten o'clock A. NJ, for the election of officers
and the transaction of other business. And every
member shall have one vote for each two hun
dred dollars which he may be insured. The officers
of the company shall be nine Directors, and they
shall hold their office for year, and until others
are eiesteds The directors shall choose of their
NUMBER PRESIDENT and one for Secretary. The offices Of
the Secretary and Treasurer may be held by the
person. Said officers shall constitute Board Of Di-
rectors to manage the affairs of the company, a
majority OF whom shall constitute o quorum for
the transaction of business If from any cause the
annual meeting is not held at the time designated,
the President shall publish due notice and call said
meeting within twenty days for the election of
officers and the transaction Of other business vacsn
cies occurring in the Board shall be fllod by the
Board.
and Lightning Insurance Company, and eau never be
changed into Stock Company.
Article D. On being notified of loss 10 the Com
pany by Fire or Lightning the Directors shall con-
vene and appoint committee of not less than three
nor more than I'VE members of said company, to as
certain the amount of such loss.
Article g. After loss has been adjusted and it is
necessary TO make assessment 1t shall be the duty
of the Secretary TO write to each member and notify
him of the name Of the loser, the amount of the
property insured, the amount of loss aud his proper
ton of the assessment. The Secretary shall be al
lowed, IN making an assessment to add such sum to
the actual loss, as IN the Judgment OF the Board
of Directors shall be necessary to defray the current
expenses OF the company provided this sum shall at
no time exceed fifty dollars. 1t shall be the duty of
each member or the company within sixty days after
receiving such notice, to pay the Treasurer the
amount assigned as his her proportion of the
sessment II any member fail to pay his assessment
within the time specified, it may be collected by the
President in behalf of the Company in civil suit with
costs.
Article 7. The amount due the person sustaining
the loss snail be paid practicable and i'll
to exceed ninety days from the time of receiving
notice OF the loss, except provided in Section Of
Bylaws
Article 8, All property personal and real of each
member OF this company shall be liable for the
sessment made upon him.
Article 9. Any member of this company may with
draw thereirom, at any time, by giving notice in
writing to the President in his absence to the
Secretary thereof, and paying his share of all claims
tors, or majority thereof shall have power TO annul
any policy by giving notice in writing to that effect
to the holders thereof
Article 10. There shall be no more than two thou
sand fhaa MT
of property insured exceeds one hundred thousand
dollars and then not to exceed four thousand dollars
in any one risk and in NO EXCEED Two-THIRDs of
the value OF the property insured, including the in
surance OF other companies. In of double in
surance this company will only pay its ratabe pro-
portion OF two-thirds of the value of the property.
Article H. The Board of Directors Shall have author
ty to pass By Laws for the management and efficient
working of the company any of which may be altered
or repealed by the annual meeting.
Article II. This company shall only do business in
the towns of Bloomin gton, Beetown Cassville Glen
Haven, Little Grant, Mt Hope Milyille Patch Grove,
Waterloo, Woodman and Wyalusing in Grant County,
Wisconsin.
Article 10. The officers of the company shall be al
lowed one dollar and fifty cents for each day of ten
hours actually spent for the company.
Article 10. At the annual meeting in each year the
Secretary shall give explicit statement of the con-
diton and finance of the company.
Article Is, No insurance of this company shall
take effect until the amount of property insured
made liable for losses shall amount to twenty five
thousand dollars If at any time there be less than
twenty-five thousand dollars worth of property in
sared it shall be the duty of the President to call
meeting OF the company, ana they may discontinue
the company or take such measures they may
deem best.
BYLAWS.
Section /. The Secretary shall keep record of
when each person becomes a member, amount OF
property insured, and when he to be me mber
keep an explicit account of the proceedings of the
company. including the amount he pays for blanks
blank books, etc. necessary for the business of the
company
Section 2. This company may insure the following
property and when loss occurs assessments shall be
made in the following proportions Detached Farm
Dwellings-l. Detached Farm barns, granaries and
contents, hay and grain in stack. Stock while on
the premises-l. Detached dwellings those
seventyfYe feet apart), If buildings are under
seventy five and over fifty feet apart they shall pay
addition of onefourth rates attached II dwellings
and ont buildings less than fifty feet apart they
shall pay double rates attached There shall not be
more than four thousand dollars taken in liability
of burning within two hun bred feet and another risk
shall not be taken than two hundred feet from
the outside limits of such risk. Exceptions to the
foregoing regulations may, under favorable circum
stances be made by the appreciation Of the Board Of
Directors.
Section 8. This company will not be liable for dam
ages caused by FIRE originating from depositing by
the insured, ashes or embers in wooden vessels
Ashes Shall be taken up in earthen metallic vessels
and kept in brick stone vault, or placed not less
than forty feet from any building In all of fire
1t shall be the duty of the insured to all possible
diligence to save and preserve property If they
should fail to do So this company will not be liable
to pay make good the loss damage sustained on
account of such neglect.
Section 4. Insurance will take effect the day
when the application has been approved by the Pres
ident, unless otherwise agreed upon and in all
the insurance shall commence and expire at IL
O'Clock NJ. The applicant shall pay one dollar and
fifty cents for certificate, and one mill the dollar
on the amount insured, and no insurance shall take
effect until this sum is paid. From the fund raised
the current expenses OF the company shall be paid.
Section s. When insurance is taken on more than
one building in the same certificate the amount of
each must be named, and also the amount to be
raised on each kind Of personal property.
Section g. Certificates Of insurance may be assgna-
BILE sale of property with the consent of the Board
of Directors.
Section Z. If at any time member is repairing or
making additions to his buildings the company shall
carry only 10 per cent. of the amount insured upon
them, until the repairing or additions completed
and the shavings removed. Whenever such addi.
tion alteration shall have been completed shall
be the duty of the insured to obtain the approval of
the Secretary or Board of Directors. If such ap
prevail shall not be obtained, and the building is
burned the company shall be liable for the loss.
Section g. 1t shall be the duty of any party insured
in the company, who sustans q loss, to render the
desired by Them relative to the FIRE and membranes
ON the premises said statement to be verified by
affidavit
Section O. The Treasurer shall give bonds in the
of twenty thousand dollars for The faithful per-
Torrance Of his duties.
Section 10. When member wishes to increase his
or her insurance they can do SO by paying the usual
rate of one mill a dollar.
Section II. No dwelling house, or other building,
having defective chimneys, ues stove pipes shall
be insured in this company unless the said chmReys,
ues or pipes be repaired and made safe by direction
of Director, Secretary or Agent before policy
liability be issued by the officers Of this company.
Section Il. This company will not insure
pied dwelling houses, and will not be liable for,
pay any loss on any dwelling house which has been
vacant for thirty days previous to the occurrence of
the loss, unless consent thereto be endorsed the
policy by the Secretary and President of the Board
Section 10. This company will not be liable for
damage and loss by fire originating from Steam