322


MUTUAL TOWN INSURANCE COMPANIES.


INCOME.
Gross premiums on all business written
during the year ..... I ....I...I.........   $1,350 95
Assessments actually received on previous
years' assessments ....................         118 77
Policy fees: New, No., 240;
fee, $1.50; amount ........     $360 00
Assignments: No'., 5; fee,
50c; amount      ...........       2 50
Additions: No., 51; fee,
25c; amount      ...........      12 75
Total policy fees ......   ...........      375 25
Total collections .    .................  $1,844 97
Cash received as borrowed money (date
borrowed, March 6, 1912)        ...........     300 00
Total income during the year .....      ..............  2,144 97
Total assets of previous year and income . .     $2,282 78
DISI3URSEMENTS.
Paid for losses   .........................      $992 68
Borrowed money (date repaid, Dec. 31,
1912) ................................          300 00
Interest on borrowed money ..... ......            12 50
Salaries paid officials ...................       308 08
Agents' compensation:
Commissions ...........         $240 00
Salaries  ...............         72 00
Policy fees .............        135 25
Total paid agents ..............447 25
Postage, printing and stationery ........          33 00
All other disbursements: Treasurer's fee
for receiving and paying out money ...           38 09
Total disbursements ........     ....................   2,131 60
Balance ...........    ......................     $,151 18
LEDGER ASSETS.
Cash belonging to company, in hands of treasurer ......         $151 18
NON-LEDGER ASSETS.
Furniture, fixtures and safes, $100.00; supplies, $10.00         110 00
Gross assets .............................................$261 18