M1UYVJAJb TOWN INSURANCE COMPANIES,
INCOME.
Gross premiums on all business written
during the year ......................     $1,967 12
Assessments actually received on current
year's assessments .............. .         4,630 85
Policy fees: New, No., 90;
fee, $1.50; amount   .....     $135 00
Renewals: No., 200; fee,
$1.50; amount .........         300 00
Total policy fees .................       435 00
Total collections ..... .......  $7,032 97
Returned on cancellations ....   ..........     262 95
Total premiums and assessments, less de-
ductions .............  ................   $6,770 02
Cash received as borrowed money (date
borrowed, April 10) .1..................     ,000 00


AC11


Total income during year ......   .................  7,770 02
Total assets of previous year and income . . .  $9,056 51


DISBURSEMENTS.


Paid for losses, including  $900.00 for
losses occurring in previous years ....
Borrowed money (date borrowed, Jan. 2,
1912) .................................
Interest on borrowed money ............
Salaries ...........
Postage, printing and stationery.
Express, telegraph, telephone and ex-
change  ..............................
All other disbursements:
Hall rent ...........................
Livery ...............................


$3,696 52


1,000
35
542
42


00
00
45
05


20
3 00
31 60


Total disbursements .............................      5,350 82
Balance .....................................   $3,705 69
LEDGER ASSETS.
Cash deposited in Farmers' and Merchants' State Bank,
River Falls ...........                    .             $3,705. 69
RISKS.
No.        Amount.
In force on the 31st day of December of the pre-
ceding year ...........   ..................... 1,064  $2,215,a51 00
Written and renewed during the year ....   ......  290    290,620 0)
Total .................................. 1,354    $2,505,871 00