Jasper County Democrat, Volume 11, Number 80, Rensselaer, Jasper County, 13 March 1909 — THE HACKETT DAMAGE VERDICT STANDS. [ARTICLE]

THE HACKETT DAMAGE VERDICT STANDS.

In the damage case, Haines Hackett, of Monon, against the C. I, & L. Ry., Judge Cavanaugh in the Chicago Circuit Court sustained the Jury's verdict of $30,000 damages in the second hearing of the case. The defendant has taken an appeal.

FARMERS’ MUTUAL INSURANCE.

Editor Democrat: There is considerable being said in regard to farm insurance these days, so it might be in place to give the public the history of Farmers’ Mutual Insurance Company of our own territory: The first year, 1907, no assessment, premiums paid all loss. Becond year, 1898, 15c per SIOO Third year, 1899, 20c per SIOO Fourth year, 1900, 20c per SIOO Fifth year, 1901, 20c per SIOO Sixth year, 1902, 25c per SIOO Seventh year, 1903, 25c per SIOO Eighth year, 1904, 15c per SIOO Ninth year, 1905, 25c per SIOO Tenth year, 1906, 25c per SIOO Eleventh yr., 1907, 33 l-3c per SIOO Twelfth year, 1908, 25c per SIOO

The Farmers’ Mutual Association of Benton, Jasper and White counties was organized February 6, 1897, with 68 members and $69,735 insurance written, and went into effect March 13, 1897. It has grown steadily from year to year until December 31, 1908, we have 1,350 members and $2,260,000 insurance in force.

Here before us we have the cold facts of mutual insurance for a period of 12 years, which started in an humble way and has grown in those 12 years into a business of nearly thretf millions of dollars, backed by the best farmers of Benton, Jasper and White counties, j Any rational man can see what It has done for its members in the way of a saving in money, and that Is not all there is. Mutual companies are scattered all over Indiana that are doing the same thing. A few years ago we heard that the rates of farm insurance were being put up in the old line companies, and the insurance lines tightened. But the mutual comes Into the field and the old line feels herself losing her grip. They are now lowering rates and doing everything to retain a part of the business. In fact, their agents are sweating blood to save the poor farmer going into the mutual insurance. N

The Mutual of this territory has paid every claim that has- been just, and at the end of each year when the assessment is paid, it has no debts, and starts into each year with a clean slate. MORE ANON. (From a member since organization.)