254


MUTUAL TOWN INSURANCE COMPANIES.


Losses and claims remaining unpaid Dec. 31st
end of year ........     .........................           $105 00
Amount of losses paid since organization ....   ........     $7 ,741 65
Average insurance in force per policy .....   ..........      1,154 73


FARMERS TOWN MUTUAL INSURANCE COMPANY,
SPRING GROVE, DECATUR, ALBANY AND ADJOINING TOWNS,
GREEN COUNTY.
[Organized or Incorporated Jan. 6, 1875. Commenced business, Feb.
1, 1875.]
President, J. L. RODERICK, Brodhead, Wis.
Secretary, N. L. KARNEY, Brodhead, Wis.
Express office of Secretary: Brodhead, Wis.
BALANCE SHEET.


Amount of ledger assets December 31st of previcws year


$589 90


INCOME.
Gross premiums on all business written
during the year ........    ..............    $705 36
Assessments actually received on current
year's assessments .......    ............   7,192 75
Policy fees and renewals: No., 250; fee,
$.50; amount .........    ...............      125 00
Total income ....................................      8,023 11
Total assets of previous year and income .$8,613 01


DISBURSEMENTS.


Paid for losses .........................
Borrowed money     ......................
Interest on borrowed money ...........
Agents' compensation: Commissions       ...
Paid for collection ofi assessments ......
Postage, printing and stationery.
All other disbursements:
Directors' services ...................
Adjusters' services ..................
Secretary for making policies, reports
and assessments ....................


$7,055
500
24
250
143
79


80
00
58
00
84
40


61 50
40 00
112 50


Total disbursements ..........................


8,267 62
$345 39


Balande   ..............................