MUTUAL HAIL AND CYCLONE INSURANCE COMPANIES.


511'


NORTH WISCONSIN FARMERS MUTUAL CYCLONE
INSURANCE COMPANY,
PASKIN, BARRON COUNTY.
[Organized or Incorporated March 5, 1907; Commenced business March
10, 1907.]
President, C. E. COE, Barron, Wis.
Secretary, F. E. HILL, Paskin, Wis.
Express office of Secretary: Paskin Lake, Wis.
BALANCE SHEET.


Amount of ledger assets December 31st of previous year


$322 03


INCOME.
Error in last report ....................
Asessmen.ts actually received *on curr
rent year's assessments ...............
Assessments actually received on previous
year's assessments ...................
Policy fees: New., No. 1,157; fee, $2.50;
amount ..............................
Total collections ..................
Cash received as borrowed money ......


$110 26
6,572 03
265 18


1,752 50
$8,699 97
550 00


Total income during year .......      ...............  9,249 '97
Total assets of previous year and income              $9,572 00
DISBURSEMENTS.
Paid for losses .........................     $3,260 85
Borrowed money ................                  550 00
Interest on borrowed money ............           12 00
Salaries        .         ...                  1,234 20
Agents' compensation:
Commissions ...........         $470 00
Policy fees ............       1,752 50
Total paid agents ......   ..........    2,222 50
Paid for collection of assessments   ......       26 40
Postage, printing and stationery     ......      289 44
Express, tieegraph, telephone, exchange
and freight ..........   ................        6 20
All other disbursements:
Directors, $115.15; arbitration, $29.50        144 65
Old indebtedness ........    ............      599 72