OCR Text |
Show CANNOT MEET ALL I LOSSES BY HAIL; TTELKXA, Mont., Nov. 23. The state ' hail insiiraneo fund will bo unable to meet of) per cent of the claims for i n sura nee by fa nners this year, owing to widespread hail looses. Lately, 32;", 00() was i.i id pro rata to claimants, claim-ants, covering -10 per cent of the losses, a ml about if 2o,fH'0 more will be paid when tlie funds will be exhausted, leaving leav-ing about $ H'O.UOD unpaid. The premium pre-mium collected this venr was 'ill cents an acre ami the liability $12. Last year only -JO i ents an acre was collected col-lected and all abilities were met. There is no reserve fund. |