THE ORGANIZATION OF FARMERS MUTUAL FIRE INSURANCE COMPANIES 



" Section 12. Feesand ussei>s>nenii>. 



" a) Policy fee and initial premium. — A policy fee of $1.50 and 

 an initial premium to be fixed by the board shall be paid by the applicant, 

 or satisfactory security for their payment shall be given by him, at the 

 time of making application for insurance. For additional insurance a 

 member shall be charged, in addition to the initial premium, a policy fee 

 of 75 cents when the additional insurance applied for is S500 or less, and 

 $1.50 when the sum applied for is greater than $500. 



" b) Regular assessment. — Not later than October 20 of each year 

 the board of directors shall de 'ermine the rate of assessment for that year, 

 basing such rate upon past experience as to the needs of the company. 

 Said assessment shall be due on or before November 30 of the same year. 

 Policies written on or after December i of the previous year and before 

 Jime I of the current year shall be subject to the regular assessment of the 

 current year and to three succeeding regular annual assessments. Poli- 

 cies written on or after June i of the current year and before December i 

 of the current year shall be exempt from the regular annual assessment 

 of that year, but shall be subject to four succeding regular annual assess- 

 ments. 



" c) Special assessments. — Should unexpectedly heavy losses occur 

 which cannot be met by the funds on hand, supplemented at the discretion 

 of the board of directors by a sum not exceeding two tenths of i per cent, 

 of the insurance in force, which may be borrowed, a special assessment 

 shall be le vded on all policies in force at the time of such loss or losses ". 



Section 14. Classification. Property insured by this company shall 

 be classified as follows, the contents of buildings taking the same 

 classification as the building in which they are kept : Provided, That the 

 board of directors shall have power to prescribe rules under which kinds 

 of propert}' not specifically hereinafter enumerated may be placed in one 

 or the other of the following classes, or in additional classes created by 

 the board. 



Class A. — Brick or stone dwellings with roof of slate, metal, or other 

 non-combustible material, when properly rodded against lightning. 



Class B. - Brick or stone dwellings with wooden roof, when properly 

 rodded. 



Wooden dwellings with roof of non-combustible material, when properly 

 rodded. 



Unrodded brick or stone dwellings with roof of non -combustible 

 material. 



Class C. — Wooden dwellings with wooden roofs, when properly rodded. 



Unrodded brick or stone dwellings with wooden roof. 



Unrodded wooden dwellings with roof of non-combustible material. 



Granaries, com cribs, and hog houses located not less than 100 feet 

 from the dwelling, nor less than 50 feet from the barn, such buildings being 

 properly rodded in all cases where the insurance applied for is S200 or more. 



Live stock not pastured during the summer months except where 

 all fences are properly grounded. 



