MUTIUAL CITY AND VILLAGE INSITRANCE COMPANIES.


69


INCOME.
Gross premiumrs on all business written
during the year ....... ................  $2,944 74
Assessments actually received on current
year's assessments .................       3,277 94
Total collections ...... ...........  $6,222 68
Deduct:
Paid for reinsurance ......   $381 43
Returned on cancellations.     335 11
Tctal deductions .716 54
Total premiums and assessments, less
deductions .$5,506 14
Cash received as borrowed money (May
6, 1912) ......                            1,200 00
Total income during year ........................   6,706 14
Total assets of previous year and income. .  $7,089 49


DISBURSEIMENTS.
Paid for losses, including $611.91 for
losses occurring in previous years .....  $2,960 82
Paid for fire department taxes ...........      62 25
Paid for fire marshal taxes ..............      24 44
BIortowed money-Date repaid:
Feb. 25, 1912 ..........                     900 00
Dec. 18, 1912 ......       ....            1,200 00
Interest on borrowed money ............         73 23
Salaries paid officials ............. ........  502 24
Agents' compensation:   Commissions ..         719 87
Paid for collection of assessments .......     138 97
Postage, printing and stationery ........      148 49
Express, telegraph, telephone and ex-
change .6 00
All other disbursements:
Expenses Fond du Lac meeting ........         10 00
R. G. Dun & Co .......................        16 25
Total disbursements ...........................
Balance  .................................
LEDGER ASSETS.
Cash deposited in banks .................       $61 68
Agents' balances representing business
written subsequent to Oct. 1, 1912 .....     265 25
Total ledger assets ....... I..................


6G,762 56
$326 93


$326 93