MUTUAL TOWN INSURANCE COMPANIES.                  191
LOSSES AND CLAIMS.
Losses and claims incurred during the year ....   9       $4,134 59
Losses and claims paid during the year  .......    9        4,134 59
Amount of losses paid since organization .$56,222 83
Average insurance in force per policy .2,616 31
FARMERS MUTUAL FIRE INSURANCE COMPANY,
TOWN OF GENEVA, WALWORTH COUNTY.
[Olrganized or Incorporated February 1876;     Commenced business
April, 1876.]
President, JAS. G. ALLEN, Lake Geneva.
Secretary, JAS. E. BRITT, Springfield.
Express office of Secretary:  Springfield, Wis.
BALANCE: SHEET.
Amount of ledger assets December 31 of previous year..     $2,254 66
INCOME.
Gross premiums on all business written
during the year ........    .............    $474 64
Assessments actually received on current
year's assessments .......   ............   5,388 82
Assessments actually received on pre.
vious year's assessments .....  ........      405 45
Policy fees: New, No., 198; fee, $1.00;
amount ....1.                 .                J 00
Total collections ......  ...........  $6,466 91
Returned on cancellations ...............        21 81
Total premiums and assessments, less le-
ductions ....................$...... ...   $,445 10
Cash received as borrowed money,
borrowed, Sept. 21, $1,000; Oct. 8,
$300; Nov. 1, $600) ....... ............    1,900 00
Total income during year ......................       8,345 10
Total assets of previous year and income .........  $10,599 76
DISBURSEMENTS.
Paid for losses .......... ...............   $5,109 67
Borrowed money ........      ..............   4,450 00
Interest on borrowed money .............        212 62
Salaries, secretary, $154.10, and fees,
treasurer, $25.00, paid officials ........    159 10