MUTUAL TOWN INSURANCE COMPANIES.


215


LOSSES AND CLAIMS.
No.
Losses and claims incurred during the year .. .  17
Losses and claims paid during year ..... ......  17
Amount of losses paid since organization ............
Average insurance in force per policy ..............


Amount.
$769 30
769 30
$66,801 90
2,588 85


FARMERS MIUTUAL TOWN INSURANCE COMPANY,
RUSK COUNTY, WIS.
[Organized or Incorporated 1902. Commenced business 1902.]
President, E. F. BRAINERD, Bruce, Wis.
Secretary, W. S. Sergeant, Sheldon, Wis.
Express office of Secretary: Sheldon, Wis.
BALANCE SHEET.


Amount of ledger assets December 31st of previous year
(Deficit)  ..........................................
INCOME.


$195 76


Gross premiums on all business written
during the year ......................
Assessmen-ts actually received on current
year's assessments ...............
Assessments actually received on previous
years' assessments ...................
Policy fees: New, No.,
26; fee, $2.00; amount          $52 00
Renewals: No. 10; fee,
$1.00; amount ........           10 00
Total policy fees .................


$25 22
1,228 52
74 60


62 00


Total collections . . ................  $1,390 134
Cash received as borrowed money .......     1,000 00
Total income during year ......................     2,390 34
Total income less deficit ...... ...........  $2,194 58


DISBURSEMENTS.
Paid for losses, including $1,000.00 for
losses occurring in previous years ....
Borrowed money    ......................
Interest on borrowed money ...........
Salaries, $129.85, and fees, $25.83, paid
officials .............................


$1,026 58
745 34
95 70
155 68