46


MUTUAL TOWN INSURANCE COMPANIE;S.


TOWN OF BELGIUM MUTUAL FIRE INSURANCE
COMPANY,.
BELGIUM, OZAUKEE COUNTY.
[Organized or Incorporated February 4, 1885. Commenced business
February 14, 1885.]
President, N. L. PIERRON, Belgium, Wis.
Secretary, J. B. MUELLER, Belgium, Wis.
Express office of Secretary: Belgium, Wis.
BALANCE SHEET.


Amount of ledger assets December 31st of previous year


$120 95


INCOME.
Gross premiums on all business written
during the, year ....................
Policy fees: New, No., 10;
fee, $2.00; amount              $20 00
Renewals:   No., 54; fee,
$2.00; amount ..........        108 00
Total policy fees .................


$834 43


128 00


Total income during year .......................
Total assets of previous year and income ..


962 43
$1,083 38


DISBURSEMENTS.
Paid for losses .........    ................     $154 00
Paid for fire, department taxes ...........           6 60
Borrowed money      (date borrowed, Dec.
31, 1911) ............................           400 00
Interest on borrowed money ............              10 64
Salaries, $54.24, and fees, $71.50, paid
officials ................................       125 74
Agents' compensation: Policy fees ......            101 00
Postage, printing and stationery ........             7 05
Unearned premium     .......   ..............        39 09
Total disbursements ..........8.................            844 12
Balance .      ...................................   $239 26
LEDGER ASSETS.
Cash belonging to company, in hands of treasurer .....           $233 26