1110            GtV MANTOWN       rAlMERS MUTUAL IRS'. CO.
GERMANTOWN FARMERS MUTUAL INSURANCE
COMPANY
South Germantown, Wisconsin.
President, GEOlR(G1E KLEIPPEL.                   Secretary, J. A. SCHWAILBACI1.
Treasurer, FRANK SCHMELING.
[Incorporated 1854. Commenced business 1854.]
BALANCE SHEET.
Amount of ledger assets December 31 of previous year .............      $237,307
92
INCOME.
Gross premiums .......                                     $20,307 41
Dbduct gross amount paid for return premiums ......            339 94
Total premiums .............           I                            19,967
47
Gross interest. on mortgage loamIs ............. ........  $10,094 57
Gross interest on deposits in trust compammies and
banks .....         .          .       ..............        192 73
Total gross interest and rents ...........................          10,287
30
Total income .$30,254 77
Total footings                     .$267,562 69
DISBURSEMENTS.
Gross amount paid policyholders for losses        .       .$8,814 22
Commissions and brokerage .4,229 83
Salaries, fees and all other charges of: offlcers, 'directo-rs, trustees
and home offlce employes           .            .3.557 00
Fire department, tire patrol and salvage corps assessments, fees,
t axes and expenses ..............................................      
  276 67
Taxes on real estate ...............................................    
     99 49
State taxes on premiums..           .                                   
    396 08
Insurance department licenses and fes           .         .66 0)
All other licensies, fees and taxes: Fire marslhail tax     .      .74 2f0
(.1I em. flisthrsemlents: General- expenses .      .........................
 945 10
Total disbursements ...$18,451 18 65
Balance ...... ......................................       $249,104 0-4
LEDGER ASSETS.
Book value of real estate .        .......                 $11,118 00
Mlortgage loans on real estate, first liens    .    .      224,960 00
Ca.sh in company's office ................    $4,066 76
D)eposits in trust companies and banks
'nint erl st ................................  (,679
onlne     t6,687 92
10,754 68
Agents' ': lances representing business written sub-
sequenz t0 October 1, 1912       .       .............     1,452 38
Agents' Li.namices representing business written prior
to Octotber 1, 1912 .. I  ................................   197 78
Other ledger assets: Office furniture and fixtures ...         621 20
TotLl ledger assets .      .........................................  $249.104
04