212


MUTUAL TOWN INSURANCE COMPANIES.


INCOME.
Gross premiums on all business written
during the year .......     ..............    $339 94
Assessments actually received on current
year's assessments . ............... . . .   4,420 35
Assessments actually received on previous
years' 'assessments ................-.6 00
Policy fees: New, No., 176; fee, $1.00;
amount .............17.................        1i76 00
Total collections ........   ...............  $4,942 29
Cash received as borrowed money (date
borrowed, July 5, $500; Aug. 26,
$1,000; Oct. 10,$1,100) .....   ..........   3,400 00
Total income during year ......      .................  8,342 29
Total assets of previous year and income ..     $9,891 11


LEDGER ASSETS.
Paid for losses .........................       $4,841 58
Borrowed money (date repaid, Nov. 22)            3,400 00
Interest on borrowed money ...... ......             37 55
Policy fees ............................           176 00
Paid for collection of assessments ......            88 00
Postage, 'printing and stationery .......           35 25
All other disbursements:
Directors     ............................        98 00
Secretary   ..............                        90 50
Adjusters   ...............     ........          31 00
Hall rent ..................   .                   2 00
Total disbursements    .......    .....................   8,799 88
Balance   ..........    .......................   $1,091 23
LEDGER ASSETS.
Cash belonging to company, in hands of treasurer ......    .   $1,091 23
NON-LEDGER ASSETS.
Unpaid assessments levied during current
year prior to Nov. 1 .....      .........         $5 70
Furniture, fixture's and    safes,  $30.00;
supplies, $20.00 ......     ................      50 00
Total non-ledger assets ........................       !    55 70
Gross assets .     .............................  $1,146 93