MUTUAL CITY AND VILLAGE INSURANCE COMPANIES.


71


PORTAGE; MUTUAL CO-OPERATIVE FIPIL isSURANCE
COMPANY,
PORTAGE, WISCONSIN.


[Organized or Incorporated March 7, 1897; Commenced business June
I, 1897.]
President, oF. L. SANBORN, Portage, Wis.
Secretary, WILLIAM FULTON, Portage, Wis.
Express office of Secretary: Portage, Wis.
BALANCE SEEST.
Amount of ledger assets December 31 of previous year..     $1,206 70
INCOME.
Gross premiums on all business written
during the year ............. ..........     $514 35
Deduct:   Returned on cancellations .....        19 71
Total premiums and assessments,
less deductions ......  ...........    $191 64
Cash received as interest ...............         30 75
Total income during year .........................5 25 39
Total assets of previous year and incomre ....   $1,732 09
DISBURSEMENTS .
Paid for losses      .        ............      $583 33
Paid for fire department taxes 1...........      I  24
Paid for fire marshal taxes   .      .....         2 33
Agents' compensation:
Commissions .........          $123 66
Salaries ....      .....         76 83
Total paid agents .................        200 49
Postage, printing and stationery ........        14 05
All other disbursements:
Adjusting loss policy No. 1422   ........       2 00
Telephone ...........   ................          50
Total disbursements ........    ....................    813 94
Balance .    ...................................  $918 15


LEDGER ASSETS.
Cash deposited in City Bank of Portage................


$918 15