The Tomahawk. [volume] (White Earth, Becker County, Minn.) 1903-192?, 1916-01-20
FIRE PROTECTION
PLAN IS SUCCESS
STATES INSURANCE ASSETS $685.
48s-woRks CONVINCED Ex-
PERTINENT is JUSTIFIED.
STATE CAPITOL HAPPENINGS
Events Of General Interess IN MIME
sofa Condensed and Revised for
the Greater Convenience
of Busy Readers.


Minnesota, which began Aug. l, 1913,
70 carry it's own fire insurance, had ON
Dec. 81 last surplus over all liablll-
ties of s187,073.69, with unearned pre-
miums of $46,413, making total assets
of $233,486.69. In the 212 years since
the state abandoned the old system
of fire insurance the losses incurred
reached $9,3S5.81, with about $4,000
900 of insurance in force. The expense
of administration was $712a.ais MAX
ing the total cost f16,512.75.
From these figures Samuel d.
Works, state insurance commissioner,
Is convinced that the experiment has
been amply justified.
There have been earned premiums
to the amount of $126,069, which with
the unearned premium of $46,413 and
$77,517 remaining from the latest leg
islative appropriation, comprise the as
sets of the states insurance account.
Contributes to Revenues.
State Insurance Commissioner S. d.
Works contributed to the general rev.
enues of the state during 1915 depart
ments earnings amounting to $S8,379,
&c. In the year previous the earnings
of the state insurance department
amounted to $81, 0S3.67.
The following companies were H.
censed last year: 100 stock FIRE, AZ
foreign fire, Is mutual fire, 1853 town
ship mutuals, IS level premium, 81
casualty (stock), II assessment casual
ty, Z hail and cyclone, IS fraternal, 5
assessment, life and accident.
There were four new stock fire COM
panies licensed, foreign fire, mutual
fire, TOWNSHIP mutual, level premium
life, stock casualty, 2 fraternal, 2
mutual casualty and 1 reciprocal ex-
change.
State To Sell Bonds.
If purchasers can be found, s.. s43, 600
in bonds of other states now held by
the various Minnesota trust funds will
be sold and the proceeds invested in
Minnesota state, County and municipal
securities which pay higher rate OF
interest.
At a meeting of the state invest
met board, State Treasurer Smith was
instructed to find without delay pur-
chasers for Virginia, Alabama and Del
aware state bonds now owned by Min
nesota and to report to the board any
offers received. In compliance Mr..
Smith left at once for New York and
will endeavor to find buyer among
the big insurance and investment COM
panies of the East.
X X X
Makes Plea to Farmers.
A plea to the farmers OF the state
not to permit the University to be
made the " football of politics., and to
spread the gospel of confidence in the
administration of the institution, espe-
cially among members of the legisla-
ture. was made by Fred B. Snyder.
president of the board Of regents, at
the final session of the farmers short
course at the Agricultural college.
Mr.. Snyder charged that the board OF
regents had been misrepresented re-
garding expenditures and the use OF
appropriations and read a resolution
which was introduced at the last ses-
sion of the legislature in support OF
his charges.
X X 4
VIII Aid Road Work.
The Minnesota Highway Commission
will continue furnishing speakers at
road meetings outside the state, par
ticularly in localities whose roads join
Minnesota, State Engineer George w.
Cooley says. Standards for roads and
bridges will be furnished. Mr.. Cooley
or anot1pr representative of the Office
will attend the good roads convention
at Huron, S. D., February 2.
X X X
State Farm Society Meets.
Subjects dealing almost entirely
State Fair and County fairs Of Min
nesota were to be the principal topics
Of discussion at the annual meeting
Of the Minnesota State Agricultural So
ciety, which was held at the state cap
itol. A big attendance was expected.
4 X 4
Urges Patriotism In Schools.
A circular probably will be sent out
from the Office of G. G. Schultz, state
superintendent Of education to school
authorities, urging them to make prop
er provision for the growth and express
sion Of true patriotic sentiment By
pupils and teachers in schools.
X X X
Protests Flat Charge For Icing.
]. ]. Farrell, state dairy and food
commissioner, was in Chicago to at
tend a hearing before the Interstate
commerce commission to protest On
behalf of the creameries Of Minnesota
against the commissions order allow.
ing refrigerator car companies 70
make fat charge for icing. Ship.
pers now pay for ice only when 1t u
furnished. Mr.. Farrell says the ne"
rule will work a great disadvantage to