A FARMERS MUTUAL FIEE INSURANCE COMPAXY. 21 



BY-LAWS. 



Farmers' Mutual Fire Insurance Company. 



Section 1. Purpose. 



The purpose or object of this company shall be to protect its members against 

 property losses from fire or from lightning. In the accomplishment of this 

 purpose the company shall employ the following means : 



First, careful periodic inspection of the property insured, followed by advice 

 and warnings against fire dangers, and, when necessary, by orders for the im- 

 provement of bad risks ; also, so far as possible, the general enlightenment of 

 its members on matters of safe construction and proper maintenance and care 

 of property in order to avoid danger of loss or damage. 



Second, the distribution among its members on the mutual-insurance plan 

 of any loss caused by fire or lightning which may occur in spite of all reason- 

 able precautions. 



Seo, 2. Property that may be insured. 



This company shall insure only farm or country property consisting of de- 

 tached dwellings and their contents ; farm buildings, including silos, and their 

 contents ; farm machinery ; vehicles ; grain and hay in bin, stack, or loft ; and 

 live stock ; and detached risks of similar hazard within the corporate limits of 

 cities or villages, not less than 100 feet distant from all other risks in places 

 lacking adequate fire protection, and not less than 50 feet distant in places 

 having efficient fire protection : Provided, That no property of any class not 

 considered reasonably safe by the board of directors or their representatives 

 shall be insured: And, prodded further, That old and dilapidated structures, 

 buildings wherein fire is used and the flues are defective or dangerous, paint- 

 ings, jewelry, money, or securities or other evidences of ownership or of credit, 

 shall in no case be insured by this company. 



Sec. 3. Membership and meetings. 



(a) Membership. — The membership of this company shall comprise all per- 

 sons who have property insured therein. ' 



(b) Annual meeting. — The annual meeting of the company shall be held on 



the third Tuesday in January of each year, in the city of . The exact 



place and hour of meeting shall be designated by the executive committee here- 

 inafter provided for. Notice of such meeting shall be sent by the secretary to 

 each member at least 15 days before the date of the meeting. 



(c) Special meetings. — Special meetings of the company shall be called 

 whenever the board of directors by a two-thirds vote shall so order, or when- 

 ever one-fourth of the members shall petition for such meeting. 



(d) Voting privilege. — Each member shall be entitled to one vote on all 

 questions arising at the annual or special meetings of the company. No vote 

 by proxy shall be allowed. 



(e) Quorum. — At all annual or special meetings of the company 15 members 

 shall constitute a quorum, 



