Lexington gazette. [volume] (Lexington, Va.) 1871-1962, 1912-08-28
Rockbridge Mutual Fire Insurance
CCmpany's Annual Meeting

OerS oil the ROckbridge Mutual FIRE
Insurance Company was held in the |
Courthouse at Lexington, August
Gath, 1912. The meeting was called !
to order at IL a. IN. by President O. |
w. Effinger. J. NJ. Anderson was |
made chairman and F.. X. Paxton. |
secretary
The following committees wereap
pointed to ascertain the amount Of
insurance represented: w. J. Tardy,
Baxter OFT, Chas. Lindsay, Thomp-
son Paxton, A. NJ. Anderson and J.
r. Tardy, to tind out the amount
represented in person; w. B. Rees,
L. r. Alphio, DR.. G. z. Obenschain.
+. L. McClung. Chas. Hutchens
ana A. H. Wilson, to find out the
amount represented by proxy. The
committees reported 1865 shares
represented in person and 1852
shares represented by proxy, max
ing a total of 20, 407 shares, which
was not enough for a quorum and
the meeting adjourned until 2 p. m.
At this time the committees re-
ported total of 23,3l1 shares OF in
surance represented, which was in
excess of the amount required for
quorum.
Minutes of the last annual meet
ing, and those also of a called meet
ing, were read by Secretary w. G.
Firebaugh and approved.
The reportof Secretary and Treas
urer Firebaugh was presented and
accepted. The report shows the
Company to be in most successful
condition.
There are 1,2l1 policies in force,
an increase of "a over the previous
year; 1853 shares. an increase OF
2,U69 representing insurance in
force Of 81, 1919. $50. an increase of
SOB, $50.
The fire losses amounted TO 81
94l.5 90, which is $2l4.95 more than
the previous year. Following are
the fire losses for the year: NJ. D.
Wilson, barn, $462; L. S. Bowyer,
barn, $252.50; S. H. Smith, damage
to d welling, 1925; Natural Bridge
School Board, damage to Grim s
schoolhouse, 81. so; G. j. Reid, barn
and contents, 1900; w. NJ. Black
well. damage to dwelling, 81; ]. N.
Cunningham, damage to dwelling.
1925; Rockbridge County, Lime
Kiln bridge. 1000.
Tue average cost OF insurance for
{ the year was .093 cents per share or
.lS6 cents per one hundred dollars.
The receipts for the year with
balance) amounted TO 81, l29. 81; dis
bursements, 50. 963. AZ; leaving a bal
ance on hand of $l66 45.
On request of Secretary Firebaugh
a committee consisting of A. NJ. An.
derson, +. L. Mc~lung and ]. R.
Tardy was appointed to examine
the books of the secretary and
treasurer.
The next matter of business taken
up was the election of officers. A
motion proposed by w. A. KinneaI
to elect president by acclanatior
for term of one year was carried
G w. Ehinger was again unani
mously elected president of tbs
Company. w. c. Firebaugh wa,
re elected secretary and treasurer
The following directors wer,
elected: For Central District, c. p
u Rodes for a term of two years; Walk
> er's Greek District, Gold Reed for
term of one year; Kerr's Creek Dis
tric', ]. L. Teaford for a term o
three years; Buffalo District, w. A
Rhodes for term of three years.
,. The following resolution, offere,
u by G. T. Seebert aud amended o.
motion of Daniel Welsh, was adopted
Whereas. 1t is necessary tha
there should be a constitution an
:. set of bylaws pl epared for tn
:, proper conduct OF this Company
therefore
BE it resolved, That a commit
tee consisting of six members, d
! from each district, be appointed b
: the President of this Company
charged with she duty of preparin