MUTUAL TOWN INSURANCE COMPANIES.


457


Cash received as borrowed money ......      2,500 00
Returned on claim paid in error  ........     100 00
Total income during year ......     ..............  9,062 93
Total assets of previous year and income     $9, 522 65


DISBURSEMENTS.
Paid for losses, Including $3,313.80 for
losses occurring in previous years          $7,557 55
Borrowed money .......................           500 00
Interest on borrowed money       .      .          7 5 0
Salaries, $225.00, and fees, $80.13 paid'
offlcials .    ..3...............              205 13
Agents' compensation:
Policy fee returned to Di-
rector ...............          $4 50
Arbitrators .............          4 00
Salaries ...............         108 36
Policy fees .............        348 00
Total paid agents .....  ..........        464 86
Paid for collection of assessments               108 18
Postage, printing and stationery                   4 70
Total disbursements ...........    ..................  8,947 92
Balance  ............   .....................     $574 73
LEDGER ASSETS.
Cash in company's office or in hands of
'secretary .$456 39
Cash belonging to company, in hands of
treasurer  ............................        118 34
Total1 ledger iasets .............................      $574 73
NON-LEDGER ASSETS.
Furniture, fixtures and safes .50 00
Gross assets .$624 73


DEDUCT ASSETS NOT ADMITTED.
Furniture, fixtures and safes ..........................
Total admitted   assets ........................
LIABILITIES.
Amount of losses due and unpaid (No., 3)       $235 00
Amount of losses adjusted, not due .189 50
Total amount of unpaid losses ...................


50 00
$574 73


$424 50