The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1933-06-15
North Fork
Mutual ms.
Met Mond'y
Annual Session Was Held at
Community Club Rooms,
Sank Centre
IS IN FINE CONDITION
Eighteen Losses, Ten Fire,
Eight Lightning, in 1882
- Balance in Treasury

First organized in 1882 and re-
organized in 1905 the Farmers Mu-
tual Fire Insurance Company, Of
North Fork, Stearns county, Mimi,
held its annual meeting at the Sank
Centre Community Club rooms in
this city Monday afternoon, June
IL, 1888.
Gus Levorson, Brooten, president,
presided over the deliberations Of
the meeting. Secretary ]. B. KEEL
dahl, also of Brooten, read the min
utes of the last meeting and also
the annual report submitted to and
approved by the Minnesota Insur-
ance commissioner showing the
amount of business in force and the
Dec. 81, 1882.
When first organized the North
Fork done business only in limit
ed number of townships in a re-
stricted area. The field was en-
larged as time went on and for
the past several years business has
been written in North Fork, Crow
River, Crow Lake, Raymond, Sank
Centre, Lake George, Lake Henry,
Ashley, Getty, Melrose townships
in Pope county; Burbank, Colfax
and Norway Lake townships in
Kandiyohi county; Kandota, West
Union and Birchdale townships in
Todd county.
The company had cash balance
in the hands Of the treasurer Dec.
81, 1881, of $5,706.30; they closed
1882 with a balance Of $5,O86.69.
One assessment was levied during
the year which produced $5,949.31.
There were 18 losses settled dur
ing the year-10 fires and eight
lightning.
At the close Of 1882 there were
1928 policies in force representing
$3,505,963 insurance.
The following figures taken from
the annual report will be Of inter-
est to the policyholder readers OF
the Herald:
Policies in force Dec. 81,
1881, 914 ..-------------.--------- $S,SSo,So4
Policies issued during 1882
100 VVo,o@o
Policies ceased to be in force
during 1882, PSI ....--....----- 1,O54,S75
Policies in force Dec. 81,
1882, 1913 .-......---.--.....-.------- S,oOo,ooo
Losses paid during 1882, 10
fire, eight lightning 100000 5,938.43
President Levorson then gave
a lengthy report on the an
nual meeting held in st. Paul In
quite a lengthy report on the an
January.
The question of reinsuring some
of the business was discussed out
no definite conclusion reached.
When the election Of officers
period arrived Vice President ~
w. Kjeldahl was called to the
chair. President Levorson was re-
elected director and president for
three years by unanimous vote.
P. J. Westegaard, Belgrade, for
ner director, was elected director
to succeed Gus Thorson, Of Kan
diyohi county; ]. r. FREDERICK
Westport, was reelected by unanl-
nous vote.
The salaries of the officers ana
directors were left as at present,
namely: president, $3.50 per year;
treasurer, $50 per year; secretary,
s475 per year; directors, $500 per
day and 10 cents per mile mile
age.
It was voted to hold the next
annual meeting in this city the
second Monday in June, 1884.
At a meeting Of the directors at
the close Of the meeting Director
p. ]. Westlund was elected as a
delegate to the National conven-
ton to be held in the Twin Cities
in September. Treasurer Charles
Bruce of this city, is the alternate.
The following are the follower
directors: O. w. Kjeldahl, j. 3.
Kjeldahl, Henry G. Borgmann. !.
The following is statement OF
the receipts and disbursements OF
the company for 1882:
Receipts
Cash balance, Dec. 81,
CONTINUED on Page Four)