Omaha daily bee., 1906-02-09
INSURANCE OF THEIR OWN
Mutual System Of Fire Proteotio, Provided
by Retail Lumbermen.
WANT TARIFF OFF CANADA WHITE PINE
Endorse Presidents Antitrust aud
Forestry Reserve Policies and
Oppose Parcels Post Law
In Congress.

The Nebraska Retail Lumber Dealers as
ISOLATION adjourned its sixteenth annual
| convention at the Auditorium yesterday
afternoon after organizing a mutual fire
insurance company electing it's officers and
those of the association, adopting resolu-
lions favoring the abolition of the tariff
on white pine rough lumber imported from
Canada, opposing the formation of u lum-
Der trust In Nebraska, appealing to Ne
braskas delegation in congress to oppose
| the parcels post law, reaffirming opposi-
| ton to combination in restraint of trade
and expressing sympathy with the national
antitrust policies.
o. O. Snyder of ONeill was elected prcsi-
dent of the lumbermen's association and
William Krother of Stuart. vice president.
The new directors elected were p. NJ.
Green of Aurora and c. w. Eggleston of
Bennett for terms of three years. The other
directors, II. II. Mohr, A. V. Perry, Henry
Binger and A. b. Clubhouse. held over. The
legislative committee is G. w. Baldwin
OF Crete, p. d. Correll of Plainview and
7. w. Whiffen of De witt f. T. Chaplin
OF the Humbrd company and II. L. Harris
Of Minneapolis addressed the meeting on
prices and freight rates.
These were elected for the insurance
company:
President-P. NJ. Green, Aurora
Bennett.
secretary-Bird Crtchheld. Lincoln.
Treasurer-S a. Foster, Lincoln.
Directors for One Year-O. o. Snyder OF
0Neill, II: H; Mohr of Pierce, William
BROTHER of Stuart. Two Years-H II.
City, William Fried of Fremont. " Three ee
Years-P. M. Green of Aurora, C. w.
Eggleston of Bennett S. A. Foster of Lin
coin.
AS financial committee for the Insurance
company A. D. Perry Of Cambridge, S. d.
Ayres of Central City and p. D.. Correll
of Plainview were appointed.
Plans for Insurance.
The name of the insurance organiza ton is
to be the Nebraska Lumbermen's Mutual In
surance association and the home office
will be at Lincoln, which also will be the
principal place of business. The object
is to indemnify the members against loss
or damage by fire or lightning to their
lumber yards The rates and amounts of
insurance on each risk shall be fixed and
regulated by the board of directors which
is empowered to make rates. The asso-
citation is strictly mutual and will not
insure any person or Incorporation not a
member of the association. 1t shall not
divert its funds make assessments for
any other purpose than to indemnify it's
members against loss by fire or lightning
or to pay the necessary expenses of the
association or to create and maintain re-
serve funds.
All policies of insurance OF the associa-
ton shall be issued for a term of five
years and no policies to be issued
for more than $1,000 until there are 300
members, with insurance in force to the
amount of 500, 900. when each may take
out policies for $1,000 When there are COO
members, with insurance in force to the
amount of 100000, policies may issue not
to exceed $1,000 and when there are 1000
members with total OF $4,000 insurance,
policies may be issued at the discretion
Of the company. --.} .,--
No person is eligible as a member who IA
not retail lumber dealer. The officers
are president. vice president. secretary and
treasurer, who shall hold Office for one
year. A board of directors consisting of
nine members shall be elected. one-third
for one year. one-third for two years and
one-thrd for three years
For Forestry Preservation.
An elaborate resolution on forestry regu-
lation also was recommended. II recited
that whereas the preservation of the for
ests along sensible lines is necessary for
the future welfare and prosperity of the
nation, the products of the forests are
necessary for the protection, comfort and
well being OF the people, and a proper con-
sentative use Of the forests alone can main
tain the business Of numbering as a great
industry.
1t was resolved to indorse the views of
President Roosevelt to promote the policy
OF the United States government in seeking
to perpetuate the forests. while at the same
time approaching the needs of the people;
to indorse the movement inaugurated by
the National Lumber Manufacturers asso-
citation for the endowment of a chair of
applied forestry and practical numbering
in the Yale forest school providing for
course of instruction In forestry and hm-
bermen In the practical details of the Ium-
Der business.
TEXT OF RESOLUTIONS ADOPTED