FITCHBURG     MUTUAL FIRE INS. CO.                    11C5
FITCHBURG MUTUAL FIRE INSURANCE COMPANY
Fitchburg, Massachusetts.
Home Office, 372 MAIN STREET.
[Incorporated March 23, 1847; commenced business September 1, 1847; admitted
February, 1911 ]
President, LINCOLN R. WELCH.        Vice Pres., FREDERICK F. WOODWARD.
Secretary, CHESTER A. CLEGG.
BALANCE SHEET.
Amount of ledger assets December 31 of previous year ........        $244,791
48
INCOME.
Gross premiums .............                  ,..... $195,534 10
Deduct gross amount paid for reinsurance, $8,097.14;
return premiums, $12,4S1.06.                           20,578 20
Total premiums ................    .............................  $174,9V5
90
Gross interest on mortgage loans.$1                                     
     0 $874 42
Gross interest on bonds and dividends on stocks, less
$250.29 accrued interest on bonds acquired during
1912 ................................                   6,993 46
Gross interest on deposits in trust companies and
banks .                      ; ......                     350 14
Gross rents from- company's property, including
$1,475 for company's occupancy of its own buildings     5,578 30
'P otni gross interest and rents ........................        13,796 32
From agents' balances previously charged off .85 07
Total income .$188,837 29
Total footings         .           ..$433,628 77
DISBURSEMENTS.
Gross amount paid policyholders for losses (includ-
ing $54.96 occurring in previous years) ..........    $59,698 76
Deduct amount received for salvage, $107.23; reinsur-
ance, $854.27 ................                            961 50
Net amount paid palicyholders for losses .....    ...............  $58,737
26
Expenses of adjustment and settlement of losses .....      ...........  1,046
31
Commissions and brokerage .....                                       18,728
59
Allowances to local agencies f or mi.sce,..lla'ne'o, us,,W a.g.en'c' y. e
.x-penses.  166 53
Ralaries, $2.3010.00. and expenses. $1.806.20, of special agents  ........
 4,106 30
Salaries, fees, and all other charges of officers, directors, trustees
and home offiee employes .       ........................................
 12,712 76
Rents for eompnylv's occupancy of its own buildings .....    ........  1,475
00
Advertising, $1,136.58; printing and stationery, $1,89,0.60 .... ...... 
3,027 18
Postage, telegrams, telephone and express ......     ...................
 1,311 37
Legal expenses .    ....................................................
 24 00
Furniture and fixtures ............    .................................
 980 91
Ma)s, including corrections ............   .............................
 1,088 68
TUnderwriters' boards and tariff associations ......   ................ 
439 37
Fire department, fire patrol and salvage corps assessments, fees,
taxes and expenses .....................      . ..... .