310


MUTUAL TOWN INSURANCE COMPANIES.


LOSSES AND CLAIMS.
No.        Amount.
Losses and claims incurred during the year                   $817 75
Losses and claims paid during year                            817 75
Amount of losses paid since organization .$26,122 88
Average insurance in force per policy.                     1,568 93
MANITOWOC RAPIDS FIRE INSURANCE COMPANY,
MANITOWOC RAPIDS, MANITOWOC COUNTY.
[Organized or Incorporated Jan. 31, 1874. Commenced business Feb.
2, 1874.]
President, FRANK BRAUNREITER, R. 5, Manitowoc, Wis.
Secretary, ADAM BLESER, R. 5, Box 11, Manitowoc, Wis.
Express office of Secretary: Manitowoc, Wis.
!
BALANCE SHEET.
Amount of ledger assets December 31st of previous year    $19,715 '.4
INCOME.
Gross premiums on all business written
during the year .............. .           $4,040 49
Policy fees: New, No., 1O;
fee, $1.00; amount .....        $10 00
Renewals: No., 300, fee,
$1.00; amount .........         300 00
Total policy fees ......  ...........     310 00
Total collections .$4,350 49
Returned on cancellations .....  ..........      96 92
Total premiums and assessments, less de-
ductions ......        .$4,253 57
Cash received as interest ...............       627 24
Total income durink year .4,880 81
Total assets of previous year and income      $24,596 55
DISBURSEMENTS.
Paid for losses ...........  .............   $2,703 61
Salaries, $160.00, and fees, $62.00, paid
officials,.222 Q