3830


MUTUAL TOWN INSURANCE COMPANIES.


Cash received as borrowed money (date
borrowed, Aug. 15', 1912) .............   .  1,500 00
Total income during year ......   ..................  9,212 61
Total assets of previous year and income ..  $13,330 84


DISBURSEMENTS.


Paid for losses ........................
Paid for fire department taxes ..........
Borrowed money     ......................
Interest on borrowed money ............
Salaries paid officials ...................
Policy fees ..........
Paia for collection of assessments.
Postage, printing and stationery.
All other disbursements:
Adjusting losses .....................
Making assessment roll ..............
Copying record .......................
Hall rent ............................
Miscellaneous ........................


$10,824 16
83
1,500 00
15 75
259 00
314 00
95 00
61 13


86 50
20 00
2 00
5 00
7 85


Total disbursements ................. I ..........     13 ,191 22
Balance .....     .   ...................          $139 62
LEDGER ASSETS.
Cash belonging to, company, in hands of treasurer .$139 62
L!ABILITIES.
Amount of losses due and unpaid (No., 4) ....     .........  $2,695 00


RISKS.
No.
In force on the 31st day of December of the pre-
ceding year ...........     ..................... 1,164
Written and renewed during the year ....      .....  314
Total  .........     ......................... 1,478
Deduct those expired and cancelled ....      ......  263
In force at the end of the year .   .......... 1,215


Amount.
$2,972,171 00
808,488 00
$3,780,659 00
633,021 00
$3,147,638 00
Amount.
$13,519 16
10,824 16
$2,695 00
$77,179 18
2,426 86


LOSSES AND CLAIMS.
Losses and claims incurred during the year   ..
Losses and claims paid during year ...........
Losses and claims remaining unpaid D-ec. 31st,
end of year ................................


No.
62
59


3


Amount of losses paid since organization ............
Average insurance in force per policy .*-*......?...