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Show A NEEDED REFORM. Representative W. S. Hansen of Box Elder County, has introduced an act in the Legislature providing for the organization and regulation of County Insurance companies to insure against loss by fire and lightning. light-ning. The Bill provides that any number of persons, not less than, twenty-five residing in any county S of the state, who GOllcctively own property of not Ic$s than $50,000. ins value which they desire to have u- 'surcd, may form an Incorporate company for the purpose of mutual , insurance against loss or damagcwiiyx .fire or lightning. The Bill is rather a lengthy one, but provides that any parson owning property in the cbunjy where such a company is organized may become a member of the com- - prtny by insuring therein, and shall be ' entitled to all tho rights and privileges of any of the other members. mem-bers. The -company may issue policies poli-cies on dwellings, school liousos, , churches, barns and farm buildings, also upon hay and grain in stack, , rand livia stck 041 the v premises, of the insured for any time not excetd-ing'fivo. excetd-ing'fivo. years, "and ior an amount, not to exceed $2,000 on any one risk. It-appoars to us lh.it suoh a bill-shoillfl bill-shoillfl mccf witIC favor among tlfc i farmers' di tins state, c have had occasion recently to examine the records re-cords of a number of similar companies com-panies in the East, sonic of which have been organized under similar provisions since 1877. We know that the cost of insurance in many instances in-stances has been as low as $1.00 per thousand, and the average of all of Ihc companies that wc examined was less than $2.00 per thousand, when the Utah farmers arc paying $5,00 to $6.00 per thousand for the same insurance. in-surance. The- bill is now before the Legislature, Legis-lature, and wc have no doubt that if such a 'bill passed the Legislature, that it would receive the signature of the Govcnor. A similar bill was passed by the Legislature, but failed because of the Govenor's veto. Wc trust that the bill under consideration may become a law, as it would result re-sult in the saving of thousands of dollars to Utah farmers. Wc urge upon the readers of the Deseret Farmer who arc favorably impressed with the outline of this bill as herewith presented, to write at once to their Legislators urging them to pass such a measure. o |