FARMERS’ UNION EXECUTIVE.

Gisborne Times, Volume XXII, Issue 1783, 14 June 1906, Page 3

FARMERS’ UNION EXECUTIVE.

Tho mooting of tho Provincial Eseoutivo of tho Farmers' Union was hold yesterday morning. Thoro were prosont: Messrs Chambors (President), Clayton, Watson, Lysnar, Hutohinson, Kent, and Wallis. CORRESPONDENCE.

Mr MoCurJy wrote in regard to bronoh proooduro at tho request of tho eseoutivo. It was deoided to send the communication to tho chairmen of tho various branches. HAWKE'S BAY MUTUAL INBURANOE ASSOCIATION.

Tho secretary of tho Hawke’s Bay Farmers’ Mutual losuranoo Association I forwarded particulars of the Association. At the dial May the amount of cover issued was, say £15,000, the amount of signed proposals in hand coming in during tbo next three months, £8 000. In addition to this thoro wore promises of support on all sides as tho polioies foil due, and | the direotors were very hopeful. Copies of tho report of tho Taranaki and Otago Mutuals wore forwarded. Tho latter showed a loss of £B, whioh was so far tho only one in tbo oolony. They bad to arrange their immediate reserve by means of a spooial guarantee st the bank, which with the premium notes gave a roeorve at

I date of abont £I3OO. Tho chairman of direotors had deoided not to accept more than £6OO on any odo buildiog, so that they oould at any time pay out in the ovont of a maximum olaim. The writer had been appointed agent for the State fire insuranos on bobalf of the mutual,

and in the event of a big risk offering in any one building, say £ISOO or £2OOO, he took a proposal for mutual for whatever amount he thought he oould oover, and the proposal for the balance io the State office, or in some oases reinsure with Taranaki. The premium adopted was 10a as a basis rate for first-olass risks, and 14s | for seoond-olass, All others are based ou rates adopted by proprietary companies, so they were praotically working on an actuarial basis. Premium notes and tariff rates would he reduced for original shareholders to a minimum, and new members will be obarged original rates. As the direotors fixed the rates, they would be reduoed on the first opportunity, reduotion of ra'os being the main reason for the installation of the mutuals. The Board would consider favorably affiliation with Poverty Bay, and would entsr into any arrangements for a local seoretary on a commission basis and would be prepared to give Povetty Bay a representative on the Beard. There would probably be a conference of ohairmen of Mutuals in July. Mr Watson moved that the Association be asked to appoint an agent at Gisborne and a few persons who would aot as inspectors. This was seoonded by Mr Kent and carried.

The ToLgo Bey branoh wrote appointing Mr W Lissant Clayton its member on the executive, in plaoe of Mr W. F. Somerville, who had resigned.—Received, Messrs Williams and Kettle wrote drawing attention to a class in the forthcoming Naw Zealand Exhibition for farmers’ collection of agrieu'tural end garden seeds. The prizes offered were of a substantial nature, and Messrs Andrews and Bevan, for whom they were aotiDg as agents in this distriot, stated that they would be pleased to take oharge of aoy exhibit consigned to them, and would see them taken to the show ground and displayed

to the best advantage. They asked that the exeoutive would publish the matter amongst farmers. It was deoided to ask tbo Press to publish the matter.

Mr Wallis was re appointed treasurer and Me Clayton seoretary. Mr Clayton said he would like to be relieved at an early date, and a committee was appointed to devise the best means of relieving him of his duties. Mr Lysnar moved that the next meeting of the Executive be held on a Friday, and gave notice to bring up the matter of fixing the day of meeting at their next meeting.