Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1914-12-02

contempt. (.Ady.)
this department by Hon. Arthur L.
+ -sher, superintendent of insurance OF
the province Of Saskatchewan under
date of August 20, 1914. He says.
Under Our law the municipalities
voting in favor O. the adoption OF this
bylaw virtually constituted themselves
a mutual hail company and worked az
solutel% independent of the goverA-
ment. You will appreciate the facl
that the prOyincegf Saskatchewan is
divided into five hundred odd mnnici-
palities, each with. their local self
governments. AS soon as twenty-five
municipalities passed. the hail insur-
ance bylaw, the act became opera
u We. Every year the reeves, who cor
respond To- Your county commission.
ers, meet in convention a1d two com
missiOners are selected by the reeves
the third member OF the commission,
who is chairman is appointed by the
government. This commission is
known as the hail insurance commits
sion and t~ransacts all business per
tanning thereto. A special rate Cor
tax) of 4 cents an acre is levied on ali
acreage and not merely on the acres
under. crop. There, are certain exemp-
tons specified IN The act. This tax Of
|4 cents an acre isslevied by the nut
n%icipality and in turn is RENTED to
the hail commission, who pool all, tnc
funds thus collected, and from this
pool is paid the losses that have &C.
during the season in the mu.
inequalities that have adopted the by
law. The adjusters are, appointed by
the commission. and special care is
taken in this respect. Should the fund
not be large enough to cover the
losses incurred, settlement is then
made pro rata. The amount Of insur-
ance is $500 per acre
Passed in 1912. :
1.-THE act was passed by the Legis'
lative Assembly of Saskatchewan dur.
ling the year 1912, and went into prac-
teal operation in 1913, when Us coun.
ties or rural communities voted to
come under the act 4 have obtained
a copy Of the first annual report OF
the chairman of the hail insurance
commission. from which the following
is quoted, =
During the month of October We
We're able to, make q, fairly accurate
estimate Of our revenue, and we We're
pleased indeed to know that there
would be sufficient to pay all claims
for Naturalization for losses, admin
istration expenses, and something
over, and you viii note BY reference
to our balance sheet that the total act
revenue amounts to $7SS, ASSOC. OF
this amount 1868, 1925 has been re
teived from the rural m%uncipalitie;
and claims to the amount of 1928.
4SS.N3 have been paid. The admins
trative expenses totalled $25,736.94 ,ol
1926 per cent Of our net revenue. Ad'
ding this latter to amount to tlt
claims paid we have $651,224.9i
When to this again we add the value
of office furniture on hand, we have
$652,416.55, leaving s7:n on hand. ii
the bank &'
''The report further shows that a
the time it was submitted March 3
1919 claims to the amount OF $l26,
472.62. we're still unpaid, on accoull
OF the fact that a number Of the rura
communities have been unable, on &C
count of the financial s%tringency o
other causes to discharge their obi
cations to this commission However
under date Of November 11,1914, Su
perintendent Fisher advised me tina
AL outstanding claims had since ibee.l
paid. The chairman Of the hail in
surance commission concludes his re
port as follows:
Taking into consideration TIL
many difficulties which were bound t
be encountered in the initial year o
such a vast, undertaking, and in add
ton to these, when one realizes tina
the season was an exceptionally ha2
ardous one, and the added fact Q
worldwide financial difficulties, tn
net results are very gratifying TO- tn
commission, andi though our surplut
is extremely small in comparison t
the volume Of business transacted
still we have the satisfaction Of know
ing that this, vast amount of none
has been dispersed into channel
where 1t has. in many eases been tn
only means Of providing coalsand ZOO
for families Of the. unfortunate. !
will provide seed and feed for th'
coming months; 1t has paid the inter
est on the mortgage and STAYED Of
foreclosures; it has revived hope i
the respondent and they have re
solved to try again, andsin this noblE
work let me greet you as co.workers
st will have been observed that IN, IN
SASKATCHEWAN system is III the nratur
of compulsory hail insurance unde
county option. Whether slcn q schemI
of insurance could i5e. put into eifec
in this state by legislative enactlnen
and without a constitutional me
mrent is doubtful. From5the standpoln
Of comparative results obtained unfe
Sfha Gan ntaYts and those Whicl