MUTUAL TOWN INSURANCE COMPANIES.


177


LOSSES AND CLAIMS.
No.        Amount.
Losses and claims unpaid Dec. 31st of previous
year ........................................   1          $24 48
Losses and claims incurred during the year ...     5          203 73
Total ..   .............................     6         $228 21
Deduct losses and claims paid during the year ..   6          228 21
Amount of losses paid since organization .$8,03                    45
Average insurance in force per policy    .     .1,575 32
FARMERS MUTUAL FIRE INSURANCE COMPANY,
ALBANY, PEPIN COUNTY.
[Organized or Incorporated March 4, 1876. Commenced business May
22, 1876.]
President, WM. HARMON, Arkansaw, Wis.
Secretary, LOUIS THALACKER, Mondovi, Wis.
Express office of Secretary: Mondovi, Wis.
BALANCE SHEET.
Amount of ledger assets December 31st of previous year       $657 67
INCOME.
Gross premiums on all business written
during the year ......................       $370 43
Assessments actually received on current
year's assessments ............... .... .   1,694 02
Assessments actually received on previous
years' assessments ....................        39 67
Policy fees: New, No., 10;
fee, $1.OQ; amount   ....       $10 00
Renewals: No., 82; fee,
$1.00; amount      ........      82 00
Total policy fees ......   ..........      92 00
Total collections ..... ......   $2,196 12
Deduct:
Returned on cancella-
tions .$3 75
Allowed on policy unex-
pired where new pol-
icy was given..........         6 78
Total deductions ........  ..........      10 53
Total income during year .......................      2,185 53
Totalassets of previous year and income .........    $2,843 26