350 BOARD OF AGKICULTUfiE. 



that anyone might understand upon examination. They should also be 

 sufficient to contain statements giving all the information connected with 

 such loss as could be gotten from those best known to the circumstances. 

 At least two disinterested parties should make statements, together with 

 that of the owner of the property, who should give the cause of said loss, 

 as near as would be possible to do so. If these blanks are not sufficient 

 for such statements, they should be affixed to the report and made a part 

 of the same. 



These blanks should also be provided with a sheet properly ruled to 

 receive and itemize all personal property that has been damaged or de- 

 stroyed, which list should be filled out, giving the cash value and insured 

 value of each article. These values to be fixed by those best known to 

 the property, and if possilile to include one disinterested party; and should 

 ahso be provided with a proper blank for making oath to the same. 



These reports to be kept on file for future reference, and for examina- 

 tion by any and all policy holders who may wish to know and learn of 

 the circumstances connected with any particular loss. 



For convenience in referring to these reports, and other reports, state- 

 ments, etc., of the business of the company, I would recommend that each 

 be recorded in full in a record journal especially kept for that purpose, 

 with a proper index to same. These references then can be made without 

 the loss of time, and probably some patience besides. 



REPORT MADE TO POLICY HOLDERS. 



R. A. KIKKMAN. 



I have been asked to give my opinion of what kind of a report should 

 be sent out to the members of a mutual insurance company, and as this is 

 a brief subject my remarks consequently will be brief also. 



A report as I would make to the members of a model insurance com- 

 pany would be something like this: 



In the first place would be to consider what a model insurance com- 

 pany was, and of what it consisted. 



In my estimation a model insurance company (especially among 

 farmers) is a purely mutual company. One in whose ranks there are 

 no secrets and where none but honest, conscientious members are found, 

 where all incomes and expenses are made known to each and every mem- 

 ber alike. Now tliis being my term of a model insurance company, I 

 would make my report as plain and explicit as possible, showing all the 

 workings of the company from the most minute to the greatest extrava- 

 gance, in whatever line it was found, giving everything in as plain a form 

 as could possibly be, that the most simple of its members could under- 

 stand its purport. Of course I would take into consideration the expense 

 of printing, not allowing myself to go into unnecessary exactness to the 

 extent of extravagance. 



