420


420MTI TUL TOWN INSURANCE COMPANIES.


LOSSES AND CLAIMS.
No.
Losses and claims unpaid Dec. 31 of previous
year ..........4.......................... 4
Losses and claims incurred during the year....    51
Total .55
Deduct losses and claims paid during year..... .  ....
Losses and claims remaining unpaid Dec. 31,
end of year.                                    4
Amount of losses paid since organization .       997
Average insurance in force per policy.


Amount.
$690 90
13,016 80
$13,707 70
11,494 95
$2,212 75
$158,884 71
2,257 57


SOMERS MUTUAL FIRE INSURANCE COMPANY,
SOMERS, KENOSHA CO., WIS.
[Organized or Incorporated Sept. 12, 1873; Commenced business Sept.
12, 1873.]
Express office of Secretary: Somers, Wis.
Secretary, ISAAC T. BISHOP, Somers, Wis.
Express office of Secretary, Somers, Wis.


BALANCE SHEET.
Amount of ledger assets December 31 of previous year..
Assets reduced to correct overcharge in income in 1911
Correct assets ..................................


$1,007 65
861. 75
$185 89


INCOME.
Assessments actually received on previous
year's assessments ........   ............   $1, 754 64
Assessments actually received on current
years' assessments ......    ..............      21 77
Policy fees: New, No., 75; fee $1.50; am't        112 50
Total collections .....  ......   $1, 888 91
Cash received from all other sources:
Subrogation   .........   ................      750 00
Total income during year ......     ..................  2,638 91
Total assets of previous year and income ..      $2,824 80