The Ellensburg dawn. [volume] (Ellensburg, Wash.) 1898-1914, 1901-02-08
MUTUAL INSUR ANCE
A GOOD SET OF BYLAWS
A Profitable Organization for
the Farmers.

ed mutual fire insurance company.
This week we publish the bylaws:
Sec. l. Th rec directors may
constitute a quorum for the trans
action of any business of the board ;
provided, however, that all the
members must have notice of the
time and place of all meetings.
Sec. 2. The board of directors
shall have power to charge a GER
tificate fee of one dollar for each
certificate issued.
SEC. 3. The board Of directors
shall make assessments us often as
necessary, but no assessment shall
be made when there is enough pro-
lection fund in the treasury to pay
the proven loss. Upon the order
of the board, the Secretary shall
make the assessment, which must
be signed by himself and the Presi-
dent, and filed in the office of the
Secretary, and when so filed, shall
be evidence that the sums assessed
are due the company from the per-
son+ against whom the same are
assessed. Every certificate holder
shall be assessed upon the basis OF
the value of his property protected
by his certificate; at such rate per
cent. as will when added to the
amount of protection money on
hand, pay off the loss and expenses
of collection. The expense of col
lection shall not exceed ten cents
per each member. When such as.
sessment shall have been completed
the Secretary shall prepare a circu-
lar, copy of which he shall deliv-
er or mail to each member of the
company, to his last known post
Office address, setting forth in such
circular the amount due from such
member, and requiring him to pay
such assessment to the treasurer at
his office within Thirty days from
from the date of such circular; the
circular shall also contain the
names of the losers for the payment
of which The assessment is made,
together with the several amounts
awarded such loser. The delivery
or mailing fsuch circular shall be
deemed sufficient notice of his or her
liability to pay. If any member
shall neglect or refuse, for the pc
riod of thirty days from date of
such circular, to pay such assess
ment, (including an assessment of
10 cents on the 800 to be paid an
nually by each member for period
of ten years from date of member
ship thenceforth every such delin-
quent shall cease to have any right
or claim against the association
while any overdue assessments
shall remain unpaid; any contract
for protection shall be suspended
until payment of same, but such
delinquent shall continue to be
liable for all demands due from
him to said association and the
treasurer shall forthwith proceed
to collect the same by law. 49,
Sec. 4. In case the certificate of
any member shall be shall be sus-
pended for the nonpayment of as
sessments, the Secretary shall i'm
mediately record the same in the
books of the association and upon
the payment Of the assessment to-
gether with the penalties, the mem
Der shall be restored and his Ger.
tificate become of full force and
effect But in case Of loss or dam
age during said suspension the
holder of said certificate shall re-
ceive no protection and shall not
be assessed on any losses that may
occur during suoh suspension.
SEC. 5. In case any property
that is protected in this association
be destroyed or damaged by una
voidable fire, the owner of such
property shall Immediately inform
the Secretary, whose duty it shall