FAEMERS MUTUAL INSURANCE COMPANIES UNION. 363 



Mr. Jones: Unless they were notified they would not have to pay 

 anything. If it was done bj' agreement of both companies they would 

 pay two-thirds and the old line company one-third of the loss. 



Mr. Clore: If there is a concurrent insurance on the property the 

 loss is pro rated. Suppose there is a partial loss and the insurance carried 

 in the mutual is one thousand dollai's and on the stock is five hundred 

 dollars, the mutual company Avill pay two-thirds the partial loss and the 

 other company one-third. 



REPORT OF DELEGATE TO THE NATIONAL ASSOCIATION. 



DR. SAUNDERS. 



Mr. President and Gentlemen of the Convention — ^In presenting this 

 report as your delegate to the National Association held at Topeka, Kan., 

 I shall endeavor to be brief. I do so as a matter of necessity, as I find 

 that so much was accomplished and so much was said that it would re- 

 quire more than an ordinary volume to relate it. The matter accom- 

 plished Avas all for the advancement and promotion of mutual insurance 

 interests, and the things said for the edification and instruction of dele- 

 gates assembled. Along these two lines the meeting was certainly a suc- 

 cessful one. In point of numbers it surpassed any since the organization 

 of the association. I have been present at these yearly meetings since 

 1899, and am able to see the wonderful growth and" the pronounced effect 

 it is having in the insurance world. Each year brings in additional dele- 

 gates and additional States until at this time almost every State in our 

 Union is represented. As I viewed this assembly of mutual insurance men 

 it was a gratifying assurance to me that while I was a laborer in the 

 mutual insurance field that I was not engaged in a work that was only 

 experimental in its nature. I have the assurance in no uncertain way 

 that the day of trial test was over and that the accepted verdict of the 

 people was the universal approval of the mutual plan. Not universal In 

 the sense that all men insure under this plan, but that the plan in itself 

 is reasonable and safe in all respects. It was gratifying, too, to me, as 

 I viewed this bodj' of men to know that I stood face to face with the 

 best intellect and the best representative body of insurance men in the 

 land. Men of broad minds and of the kind that have engraven success 

 upon their banner in any and all imdertakings of life. Without going into 

 detail of the four days' session I shall only attempt to report to this as- 

 sociation some of the more important features of its work and the one very 

 important one is the one I can not here give, and that is the general dis- 

 cussion engaged in by the delegates on various questions pertaining to 

 methods, etc. These discussions were both interesting and instructive, 

 and is one of the best schools of instruction that any one seeking informa- 

 tion in this line can attend. 



