MHUTUA!, CITY AND VlLLACIi 1INSUJRANCE COMPANIES.


79


LOSSES AND CLAIMS.
No.        Amount.
Losses and claims incurred during the year ....    3       $1,050 78
Losses and claims paid during year .............   3        1,050 78
Amount of losses paid since organization  .    ........   $27,945 20
RIVER FALLS CITY MUTUAL FIRE INSURANCE
COMPANY,
RIVER FALLS, WIS.
[Organized or Incorporated May 1, 1897; Commenced business May
19, 1897.]
President, GEO. W. CHINNOCK, River Falls, Wis.
Secretary, JAY H. GRIMM, River Falls, Wis.
Express office of Secretary: River Falls, Wis.
BALANCE SHEET.
Amount of ledger assets December 31 of previous year .....  $1,234 7l3
INCOME.
Gross premiums on all business written
during the year ........   ..............  $6,761 72
Assessments actually received on cur-
rent year's assessments ...........          .....  3,105 05
Assessments actually received on previous
years' assessments .......  .............   2,686 56
Total collections           .......   $12,553 33
Paid for reinsurance.........    $711 66
Returned 'on cancellations ...    512 57
Total deductions ..................      1,221 23
Total premiums and assessments, less de-
ductions .............. ................  $11, 329 10
Cash received as borrowed money (date
borrowed, Apr. 27, 1912) .....  ........    1,200 00
Cash received from all other sources: Re-
insured ...........  ....................     475 00
Total income during year .........................   13,004 10
Total assets of previous year and income .........   $14,238 83
DISBURSEMENTS.
Paid for losses, including $1,126.44 for
losses occurring in previous years   .     $7,605 19
Paid for fire department taxes ...........      119 11