The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1919-06-12
MUTUAL COMPANY
CLOSES GOOD Year
NORTH FORK MUTUAL ORGANI-
ZATION HOLD ANNUAL MEET
ING IN SAUK CENTRE.
HAVE $4,000 CASH ON HAND
NO OUTSTANDING BILLS-OF-
FCERS ELECTED-MEET AT
BROOTEN NEXT YEAR.

BROOTEN NEXT YEAR.
The annual meeting of the Farmers
Mutual Insurance Company of North
Fork, held. at the Commercial Club
rooms, Sank Centre Monday attracted
a good number of farmers from quite
distance in spite of the very heavy
roads, -
The North Fork is one of the very
strongest farmers mutual companies
in Minnesota. The secretary's report
showed that at the close of the fiscal
year, December 81, 1918, there were
1923 policies in force carrying s2,467,-
1852 insurance. There were 100 new
policies issued during the year, carry
ing $658,410 insurance. The company
closed the yealg with ali outstanding
bills paid and an actual cash balance
in the hands of Treasurer C. R. Bruce,
of $8,057.29.
The company does. business in the
townships of North Fork, Raymond,
Ashley, Sank Centre, Burbank, Getty,
Lake George, Grow Lake, Grow
River, Bangor, Lake Johanna, Kan
dota, West Union, Grove Lake, Lake
Henry and Westport. -.
There were only three directors to
be elected, and J. B. Kjeldahl, secre-
tary, E. R. Thostenson and K Ealvor-
son, We're all reelected for three year
terms without opposition. s.
/; The following gentle man were
named as official agents Of; the com
,aany 10 assist the qffalass and disecs.
secuine Asw bFsipssafand rewrit-
ing expired business, C.. IT. Thorson,
Frank. Essler, N, 4, Strande. C. d,
Frederieks, s., J. JaFdine and Gus
Levorsen. es .1
Several proposed changes to- the
bylaws of the company were con-
siderd at this meeting. Sec. Is was
changed requiring suitable CHM
neys to be erected op all buildings
connected up with stoves.
The board Of directors were author
lied to provide provision caring
for Illuminating oil fires.
I. 1t was proposed to change the me
thod of insu1ing automobiles. At
present autos and threshing machines
are insured the same as other farm
machinery while in sheds only. 1t
was proposed to change this section
to permit the insuring of cas- any,
where within radius of 200 miles
from home. This provision failed to
have the necessary two-thirds major
| ity to pass. A committee was ap.
pointed to consider this phase of in
surance and report their findings to
the next annual meeting.
~
Treasurer C. r. Bruce reported that
the North Fork company had raised
81 ,2S7.22 for the fire sufferers of the
north part of the state n compliance
with a suggestion by the insurance
commissioner of the state that a con-
tribution of Is cents on each $1,000
insurance in force should be asked for.
This company's full quota under this
suggestion would have been about
81, 800. However, the North Fork
organization done fully as well as any
of the other companies in the state.
Gust Levorson, delegate to the
annual meeting of the state organiza-
ton of the mutual companies held
at st. Paul last December made an
interesting verbal report of this
meeting, the greater portion of which
was given over to discussing the
disastrous forest fire and providing
ways and means for relieving the
stricken section. Mr.. Levorson said
many of the companies had been en-
tirely wiped out. That the other COM
panies of the state could not hope to
entirely recoup their losses but in
supporting them to their utmost they
were maintaining the principle of CO.
operative insurance.
1t was voted to pay the secretary
$3.50 and the president and treasurer
a salary of 500 each for their ser
vices in 1918. This is an increase of
$50 for the secretary and SIS each for
the president and treasurer.
G. K Quill was elected to represent
the company at the next annual meet
ing of the representatives of the mu-
tual companies to be held next Janu-
airy.
Just before adjournment it was
voted to hold the next annual meet
ing of the North Fork company at