MIUTUAL TOWN INSURANCE COMPANIES.                  361
NEW HOPE NORWEGIAN MUTUAL FIRE INSURANCE
COMPANY,
NEW HOPE, PORTAGE COUNTY.
[Organizer or Incorporated Jan. 29, 1887. Commenced business Feb.
19. 1887.]
President, BEN HALVERSON, R. 2, Amherst Junction, Wis.
Secretary, E. P. KALSTAD, R,. 2, Amherst Junction, Wis.
Express office of Secretary: Amherst Junction, Wis.
BALANCE SHEET.
Amount of ledger assets December 31st of previous year      $3,430 09
INCOME.
Gross premiums on all business written
during the year ......................      $1,321 44
Assessments actually received on current
- year's assessments ................        1, 661 96
Assessments actually received on previous
years' assessments ...................         166 46
Policy fees: New, No., 83;
fee, $1.50; amount             $124 50
Renewals: ITo., 260; fee,        -
$1.50; amount     .........     390 00
Additions: N-o., 50; fee,
$1.00; amouiit   ..........      50 00
Total policy fees .564 50
Total collections .$3,714 36
Returned on cancellations ......   ........      64 54
Total premiums and assessments, less de-
ductions .............  ................    $3, 649 82
Cash received as interest ......  .........     122 70
Cash received as borrowed money (date
borrowed, Dec. 2, 1912) .....   .........      325 00
Total income during year .......     ................  4,097 52
Total assets of previous year and income       $7..  $7,527 61
DISBURSEMENTS.
Paid for losses .........  ................   $5,275 36
Paid for fire department taxes    ..........        64
Borrowed money ( date paid, Dec. 31,
1912) .................................       325 00
Interest on borrowed money      ............      1 90
Salaries, $58.50, and fees, $307.81 paid
officials ..............                       366 31