344 JOURNAL OF FORESTRY 



or one and one-half percent which it will cost to write the insurance. 

 In other words, an insurance company acts as a bond house for the 

 small timberland owner who cannot afford the cost of regularly bonding 

 his property, and for this reason alone it is of great economic value to 

 the country. Timberland insurance also appeals to owners who wish 

 to leave an estate in trust for their children. 



Large timberland owners are attracted by insurance only at a very 

 low rate, as their holdings are commonly so widely distributed as to in- 

 sure themselves to a certain extent. If large holders could be brought 

 to insure together, the size of their premiums would no doubt enable 

 old line insurance companies to give them a much reduced rate on ac- 

 count of the volume of the business, and because when combined they 

 would represent the average rate over the whole region. 



Timber insurance offers a new profession to the forester, and as 

 soon as possible should be taught as a part of his course. It has a 

 field for exploitation before it fifth among all forms of property in the 

 United States, hitherto not covered by insurance against fire. 



TIMBER LANDS MUTUAL FIRE INSURANCE COMPANY 



portsmouth, new hampshire 



Application for Insurance on Standing Timber 



(Where Tracts are Separated, use one blank for each tract.) 



1. Name of Applicant 



8. Address: 



3. Location of Timber : State ; County 



Town ; Range ; Lot No 



4. Timbered Area acres. 



5. Estimate of Timber to be Insured: — 



(o) Acres of merchantable green standing timber of six (6) inches or 



greater diameter at four and one-half (^yi) feet from the ground. 



1,000 feet value ''Ep- amount 



kinds of B.M. 1,000 FEET total value insurance 



timber or coRns or per cord $ desired 



Totals 



(b) Acres of planted land. 



VALUE AMOUNT 



kinds op NO. TREES YEAR GROWTH TOTAL VALUE INSURANCE 



trees acres per acre planted per acre $ desired 



Totals 



(c) Acres of young growth, natural reproduction on sprout land. 



NO. TREES average value AMOUNT 



KINDS OF PER ACRE DIAMETER GROWTH TOTAL VALUE INSURANCE 



TREES ACRES (APPROX.) INCHES PER ACRE $ DESIRED 



Totals 



