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The German Farmers

The German Farmers image
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The Annual Meeting of Their Insurance Company

The German Farmers Mutual Fire insurance Co. held their annual meeting in the court room Monday and elected officers. The report of the company for the past year was a very gratifying one. There are 1,754 members in the company a gain of 60 in the past year. The total amount of insurance outstanding is $3,937,175, a gain of $107,210 in the year. The assessment this year was $1 on a $1,000 insurance. There were 22 loses during the year aggregating $3,439.23 and the aggregate expenses were $4,790.45, while the income was $4,730.12, leaving an overdraft of $60.33. The largest loss was $753.50 paid to Fred Holzenmann.

There were about 130 members present at the annual meeting and the election developed just enough of a contest to make it interesting. Jacob J. Reichert was re-elected president, receiving 72 votes to 51 for George Schaible and 7 scattering. A new vice president was elected on the second ballot. The first ballot stood Jacob Knapp 44, George Schailbem 44, M. Alber 15, F. Fiegel 9, scattering 13. Necessary to a choice 63. The second ballot stood Schaible 81, Knapp 43, scattering 7, and Schialbe was declared elected.

For secretary, Charles Braun was paid the deserved compliment of an election by acclamation.

A new treasurer was elected on a close ballot which stood John Jetter 65, M. Pault 63, Wm. Aprill 1.

John George Bohnet was re-elected director on the second ballot. The first ballot stood Bohnett 42, John Keppler 26, M. Gross 7, J. Lindeman 6, scattering 4. The second ballot was Bohnet 60, Keppler 22, scattering 16. The meeting then adourned.