River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1897-02-18
The Mutual Insurance Company.


The promoters of the mutual fire
insurance company will have another
meeting at the Office of Mr.. Haugen
tomorrow, Friday, evening for the
purpose of perfecting the organiza-
ton. AT this meeting only those who
have signed the articles OF association
will be entitled to vote, but much
larger number than necessary to
organize has already been secured.
The true object of insurance is pro-
lection, not speculation, and the
decrease of what insurance companies
call the moral hazard by mutual
insurance is of itself sufficient to very
largely reduce the cost. In fact this
''moral hazard" constitutes a large
proportion of the cost of insurance on
the old plan. Honest people pay to
insure the companies against dis
honest insurance. All signers of the
articles of Incorporation should be on
hand tomorrow evening, as i'm
portant business will be before them
in the way of choosing directors and
adopting, or making provision for the
adoption, or a constitution and by
laws. Under the law the company
can not insure for more than two
thousand dollars in any one risk.
Provision will undoubtedly be made
for light assessment at the time Of
taking out policy so that there may
be on hand sufficient amount to
meet any ordinary loss in whole or in
part without making any assessment,
nd also TO insure contribution from
parties who desire insurance but who
may not be responsible for an assess
ment.
The following persons have signed
| the articles of Incorporation:
| Nils r. Haugen, G. w. Chinook, w. w.
| Thayer, F ID Ensign, John W. Barnett, L. N.
| Chapman, A. P. Forsythe, w IL. Williams,
| Thomas Foster, Nils II. wiger Geo. Tn Smith,
j. Ed. johnson, C. r.. Morse, o. W. Newcomb,
C. j Henriksen, o. NJ. White, L. C. Krauth
G. f. Sweet, f. A. Braekett, Ed. Elertson, G. T.
| APP Rob rts, Hans N. wiger, J. t. Deans. G. A.
| Hull, Tn mas Walker w. b. Currier, #
| Mucke lhausen s. starin. f. NJ Ulerieh. B. n
| Lawrence, c. G. Knowles, r. NJ. Briggs, f A.
| Howe, C. A. Upgren, A F. Moody. n. A
| Tn lander, ii. s. Wadsworth, l. 5. Rounsevell
| w. 5. Armstrong X. L. Lien, L. A. Toby, Z. ii
| Parker. Martin Olson, A. b. Rollins, j. p.
| Carroll w. ii. Wood Curtis & Lagerstedt, \. L.
| Michael, w. s. Ensign, j. II. LaDgdon, Pratt &
| Son, |. NJ. Beers. Nils Heyerdthl, VIM
| ii rtch:ns, 7. w. Ashley, c. ID. Parker, NJ. d.
| Proctor, j. NJ. Chinook, NJ. &. Pierce, j. w
| Wihn, G. A. Kmble, Martin Welker, Hugh
| Cameron, John Wells, r. p. Taylor, James
| Dunn, Lewis A. Plat. Samuel p. Peterson, A.
| A. Smith, +. j. Savage.
Mr.. Ward L. Smith of Fredericks-
town, Mo-, was troubled with chronic
diarrh9a for over thirty years. He
had become fully satisfied that it was
only question Of short time until
he would have to give up. He had
| been treated by some of the best ply
sicians in Europe and America but
| got no permanent relief. One day he
picked up newspaper and CHANGED to
read an advertisement of Chamber
| lain's Collie, Cholera and Diarrh9a
Remedy. He got a bottle of it, the
first dose helped him and its con-
tinued use cured him. For sale by r.
! S. Freeman, druggist.