CLAY COUNTY ILLUSTRATED 



39 



David Askegaard Farm, Comstock 



has been an important factor in ma- 

 king the business so successful. 



Farmers' Insurance Company- 

 Twenty years ago a number of Clay 

 and Wilkin county farmers organized 

 the Comstock and Holy Cross Farm- 

 ers' Mutual Fire Insurance Company. 

 As the records covering the first five 

 years were destroyed, only those of 

 the last 15 years are available to show 

 what has been accomplished. In 1901 

 the company had 253 policies in force, 

 and in 1915 the number was 1,266. 

 The total amount of insurance in force 

 in 1901 was $346,302.00, and this had 

 increased in 1915 to $2,922,744.00. 



During the 15 years the company paid 

 losses aggregating $24,055.84. To pay 

 these losses and the expenses of con- 

 ducting business nine assessments, ag- 

 gregating 16 mills, were levied during 

 the past fifteen years. No assessments 

 were levied during the other six years. 

 This shows not only care in accept- 

 ing risks, but is an assurance of con- 

 servative and economical management. 

 Only farm property is insured by the 

 company. 



The present officers are : A. H. 

 Hicks, president; H. O. Krabbenhoft, 

 vice-president; E. M. Askegaard, sec- 

 retary; Christian F. Kehder. treas- 

 urer, and Jorgen Jensen and John 

 Holecek, directors. 



David Askegaard Farm, Comstock 



