Pg 517

         Springdale has a Mutual Fire Insurance Company, with about $400,000 worth of property insured among the surrounding farmers.

         The following are extracts from the regulations of this society:

         WHEREAS, We now organize, this the 23d day of January, 1872, by adopting the following Articles of Association witnesseth, that George J. Maris, J. C. Chambers, H. C. Gill, John T. Carson, George Woolley, John Leonard, Elisha Todd, and all other persons who may become . . .

Pg 518

. . . members of said company, are hereby associated by the name of Springdale Fire Insurance Company.

         The object of said company being to insure buildings, as well as household furniture and other personal property in buildings insured, against loss or damage by fire or lightning. The company to have perpetual succession, except as provided in Article 15th, and assumes the rights, privileges and liabilities provided by law for Mutual Fire Insurance Companies.

         The first officers of the company were: For President, to serve two years, John C. Chambers; for Vice President, to serve one year, H. C. Gill; for Secretary and Treasurer, G. J. Maris; for Directors for two years, Elwood Negus and Joseph Hall; for Directors for one year, George Woolley and A. B. Cornwall.

         ART. IXX.—This company shall not do business beyond that part of Cedar County west of Cedar River and Graham and Scott Townships, in Johnson County.

         SEC. 10.—The fees for insurance shall be as follows, viz: For membership, $1.00; for policy, 50 cents, and one mill on the dollar on the amount insured.

         The present officers are: President, Lawrie Tatum; Secretary and Treasurer, Wm. Mather.