8. Upon application by the owner, the secretary-treasurer may insure, under the prescribed formalities, the grain, hay and fodder, the produce of the harvest, and furniture, and also the agricultural implements contained in the buildings not objected to by the council, to the amount applied for or for which a maximum has been fixed, if the by-law establishing the insurance provides for the insurance of such articles.
R. S. 1964, c. 295, s. 47.