The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-05
TALK OF INSURANCE
ONE HUNDRED AND FIFTY DELE
GATES ATTEND NATIONAL
CONVENTION
GROWTH NOT SATISFACTORY
Delegates Urged to Work Diligently
for Extension of the Work
Officers Will Be Elect
ed, Too.

Thirty seven accredited companies and
state associations, making a total of $50
delegates, were represented yesterday at
the sixth annual meeting of the National
Association of Cooperative Mutual In
surance companies, which opened yester-
day morning in the city hall. President
w. d. Forbes, of Des Moines, Iowa, pre-
sided. In the absence of Gov. Van SAINT
the address of welcome was made by j.
Adam Bede on behalf of the state Mayor
Smith spoke for the city of ST. Paul
President H. A. Boardman, of the Com
mercial club, extended the Inequalities
of the club to the delegates. These ex-
pressionS Of good will were responded
to by G. L. Roberts, of Chattanooga,
Tenn.
President Forbes, in his annual ad-
dress outlined the phenomenal growth OF
mutual insurance companies in the
United States, explaining how the sys-
TEN of mutual insurance had placed the
system OF mutual insurance at the lowest
possible cost. Mutual insurance COM
panies We're not run as money making in
situations, and the competition between
such companies was friendly, not hostile.
President Forbes made a strong plea for
the extension of the national organizat ton
throughout the states, and for this pur-
pose that the funds be increased
The following committee on credentials
was appointed by the chair: l. B. Yates.
of Madelia; j. H. Casebeer, Of Blue
Springs, Neb., and H. A. Wiley, of Ke-
wanna, Ind.
At the afternoon session Secretary w.
b. Lynch read his report He stated
that while the association was strong in
itself, 1t had not shown a satisfactory
growth during the past year and he adj
V1sed every delegate to carry back to
the state association he represented, or to
hIG
work for the growth of the national as
ISOLATION.
w. B. Gasche, of Menda, Kan, read the
only paper that was presented yesterday.
The subject of his paper was THE OBJ
Jects and Methods of Stock Insurance
Companies in the Insurance Field 1t
was followed by a lengthy discussion as
to whether or not a proxy should be
recognized. The Nebraska state associa-
ton had elected as it's delegates D. c.
Perkins and w. f. Porter. l. Y NJ
SWygert, of the same state, was present
yesterday, representing a single company
Mr.. Porter was unable to attend the con-
vention, appointed Mr.. Swygert his proxy.
The national association has never ac-
cepted proxy, and a rather excited dis
cuss1On took place as to whether or not
IT was desirable to establish a precedent
The committee on credentials had report
ed adversely on the application and the
majority OF delegates upheld the report
During the remainder of the session the
reports of companies by delegates were
listened to-
Inc association will convene this morn
ing at 10 o'clock. 1t is expected that the
business will be concluded tomorrow
afternoon, when the officers will be
elected. w. D. Forbes, the present pre-
siding officer, will undoubtedly be re-
elected, as he has made a most satisfac-
tory president, and is very popular with
the majority of delegates.
The following Minnesota delegates vera
elected at the meeting of the Minnesota
association held yesterday morning at the
Merchants; ]. j. Furlong, Andrew French
and H. w. Wads worth.
Minnesota Delegates Meet.
The Minnesota association met lass
evening In representatives hall at the
capitol and general invitation to the
members from other states resulted in a
large attendance and widely diversified
discussion of topics of general interest
Considerable time was devoted to re-
ports from officers of the various COM
pan1es of the state as to the methods on
Whlch their respective companies are con-
quoted and discussion of the merits of
those different methods.
Inc question Of efticacious and inexpen-
slVe protection of farm buildings against
lightning was also given considerable at
ten ton.
The state association adjourned to meet
at o'clock this morning at the headquar-
ters in the Merchants hotel. 1t was an
nounced that one of the important oues
the National association would be that of
reinsurance.