versity
•(Ai'lY.
VOL. LXII
INDIANAPOLIS, JANUARY 26, 1907.
NO. 4
MUTUAL INSURANCE CO. LEGISLATION DEMANDED.
The Mutual Insurance Companies of
the State at their recent meeting in this
city discussed ami adopted the following
resolutions for bills, which they will urge
the  present  .Legislature  to  consider  and
ies, under such rule? aud regulations as
they may adopt. The Articles for forming such an associations shall be sigua'al
by the persons who at first form such association, and be recorded in the oflice
i:t the tecordcr of the country or count as
win.re such association does business Such
associations shall be managed by such of-
by cyclone, wiud storms or hail; which
property to be insured shall embrace
dwelling houses, barns and accompanying
out buildings and their contents. Wagons,
carriages, harness, household goods, wearing apparel, provisions, musical instruments and libraries, live stock, growing
crops and crops severed from the ground,
bers of such company  or association sustaining such loss.
The abaive resolutions are endorsed by
the representatives of practically 75,000
policy holders und $80,000,000of property.
Tlu-y deserve the favorable consideration
of our legislature.
A Band of 6,000 Sheep in the Big Horn Mountains of Wyoming.
enact into laws:
An Act to enable citizens in the State
of Indiana to form voluntary associations
for the purpose of insuring their property
against losses by fire and damages by
lightning and all other matters connected
therewith, and enahle them to sue and
be sued by their corporate name.
Section 1. Be it enacted by the General Assembly of the State of Indiana,
That any number of persons (not less than
ten) may form an incorporated company
for the purpose of mutual insurance of the
property of its members against loss by
fire or damages by lightning; which property to be insured shall embrace dwelling
houses, barns, accompanying out buildings and their contents, farm implements,
hay, grain, wood and other farm products,
live stock, wagons, carriages, harness,
household goods, wearing apparel, provisions,   mupical instruments    and librar-
ticers as their articles may provide for,
a un in the election of such officers each
member of the association shall be entitleal
to one vote. Erery such association may
sue or be sued by such name as shall be
set forth in the articles of association, nni"
shall have all the powers of corporate
todies.
An Act to enable citizens to organize
Mutual Insurance Companies for the purpose of insuring their property u.*.*iinst
loss iby wind storms, cyclones and hail,
providing the manner of organization and
defining their liability and enabling them
to sue and be sued by their corporate
name.
Section 1. Be it enacted by the General
Assembly of the State of Indiana, thnt
any number of persons, not less than 50,
may form an incorporated company for
the purpose of mutual insurance of the
property of its members against damages
and live timber under such rules and regulations as they may adopt. The Articles
for forming such associations shall be
signed by the persons who at first form
such association and be recorded in the office of the recorder in each county where
such associations do business. Such associations shall be managed by snch officers as their Articles shall provide for,
under such rules and regulations as they
may adopt, not conflicting with the statutory lows of the State; and in the election
of such officers each member of the association shall be entitled to one vote. Each
association may sue or be sued, by such
name ns shall be set forth in the articles
of association, and shall have al) the
powers of corporate bodies. Provided,
that no company under this Act shall be
liable to pay in excess of one per cent of
the total amount of insurance in force for
auy one loss,   to be pro rata to said mem
HUNTING WITH   THE  AUTOMOBILE.
Mr. Henry Doup of Bartholomew Co.,
takes great pride in the squirrels that people his woodland, and forbids all hunting
on his premises. Not long ago, he tells
us, he heard firing in the woods and on
going in the direction indicated, found two
young hunters and near them on the highway, just over the fence, an automobile.
If they had shot any squirrels it was their
intention to jump into the machine and
speed away with their game. In this case
they themselves were the game of Mr.
I )oup.
A ten hour a day's work on the farm
for hired men is suggested as ; roper subject for legislation. Such a law would
make farming more popular, and make it
more easy to secure and retain the services of hired men.