MUTUAL TOWN INSURANCE COMPANIES.
INCOME.
Gross premiums on all business written
during the year ........  ..............      ,175 51
Assessments actually received on current
year's assessments ......   .............    3,736 05
Assessessments actually received on pre-
vious year's assessments .....   ........      29 14
Policy fees: New, No., 170; fee, $1.00;
amount ..............   ................      170 00
Total collections . ..................  $5,109 70
Returned on cancellations ...............         28 93
'Total premiums and assessments, less de-
ductions .........    ....................  $5,070 77
Cash received as borrowed money (date
borrowed, Oct. 9, 1912) ..............       2,000 00


283


Total income during year .......................    7,080 77
Total assets of previous year and income ...  $7,780 28


DISBURSEMENTS.


Paid for losses ........................
Borrowed money (date paid, Dec. 9, 1912)
Interest on borrowed money.............
Salaries paid officials ....................
Policy fees ...................-
Postage, printing and stationery.......
All other disbursements: Adjusting loss-
es, $82.89; directors, $47.76; incident-
als,  $11.97;  erroneous  assessment,
$2.75; fine to Income Tax Commission-
er, $10.00; annual settlement, $8.00...


$3, 413
2,000
20
350
170
11s


80
00'
00
00
00
56


163 37


Total disbursements     ......      .....................    6,235 73
Balance    ...................................        $1,544 55
LEDGER ASSETS.


Cash belonging to company, in hands of
treasurer  .....   .......................  $1,420  62
Agents' balances representing business
written subsequent to Oct. 1, 1912 .....         25
Agents' balances representing business
written prior to Oct. 1, 1912 ...........     133 68
Total ledger assets..............................
NON-LEDGER ASSETS.
Unpaid assessments levied
during current year prior
to Nov. 1 ...............      $146 10


$1,544 55