The Springdale news., 1912-10-11
To the Farmers of North West Ark
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 The Farmers Mutual Insurance Co.,, of Rogers, Ark, desires to call your attention to some of the articles with scare" headlines, which have been running in some of our local papers for some time. in regard to Mutual Insurance Com panies
 In the first place. it would be we'll to note the fact that great many so called Mutual Companies are that in name only, being organ ized i'll some city by few persons and run for the purpose of profit.
 Futher more, you will note that all of the articles mentioned make no mention of Stock Companies which have gone to the wall. We have before us a list of IS Stock Companies whose business is in the hands of a receiver and being wound up, 10 companies that have quit business and 58 companies com pelled to re-insure In other compan ies. :. This in 1911 If you will read the above mentioned articles carefully, you will see that all the laws and court rulings mentioned are in distant states and have no bearing whatever on companies or ganized in Arkansas. The Farmers Mutual of Rogers is incorporated under special act for farmers on- ly Our incorporation was perfect ed under the direction of the best legal talent to be had and the law governing the same explicitly states that such companies are not sub ject to, or amendable to, the gen eral Insurance laws of the state as are companies doing business for profit.
 It would seem from the 4howT that has gone Up that somebody got hurt
 This company was not organized for the purpose of hurting or an tagonizing anyone but for our pro tection only.
 It has no fine offices, no high salaried officers or accumulation of funds except as absolutely necessary to pay minimum expenses and ac- tual losses that may occur.
 Now to compare notes as 10 the cost of the two propositions, the stock Company and the Cooperative.
 The farmer insuring in the stock company will have to pay s15. 60 to $20 upon each s1000.00 of risk for term of years.
 After the agents rake off, is de ducted. every dollar of the remain der goes out of the community and ceases to be a factor among our home people. therefore it is to the interest of every business man to give us their good will, for every dollar passing through the Mutual Company's hands for any purpose whatever remains and Is spent with in our own jurisdiction.
 Now take the Mutual proposition. This company has been In opera tion for 3 years. years as The Beton County Farmers Mutual. af terwards incorporated as the Farm CTS Mutual with head quarters at Rogers For the above length of time all losses and expenses being fully paid the total assessments on each 5000 % of risk has been but S7S0.
 Finally. Tn whom can the farm CT place the most trust, in com pany of strangers in some distant city or several hundred of his own neighbors and friends, everyone of them a free holder and legally bound to protect him in case of misfortune We have no doubt but every member of this company would cheerfully eontribute an amount equal to an assessment should his immediate neighbor be SO unfortunate as to lose his home without insurance Our plan is sim ply to enlarge the neighbour hOod and broaden our acquaintance, ev- cry member paying an equitable share of the losses occurring.
 Anyone desiring information of the Farmers Mutual of Rogers Ark. inquire of R E. Weaver, Sec retary, or w D Baker, general solicitor, Rogers, Ark
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