1202           MICHIGAN      MILLERS MUTUAL FIRE INS. CO.
MICHIGAN MILLERS MUTUAL FIRE INSURANCE
COMPANY
Lansing, Michigan.
Home Office, 120 WVEST OTTAWA STREET.
[Incorporated November, 1881; commenced business Novem-iber, 1881; admitted,
1900'.j
President, R. W. HENKEL.                          Vice President, B. W. JENKS.
Secretary, A. D. BAKER.
BALANCE SHEET.
Amount of ledger assets December S3 of previous year ..............1 ;10,0
2,32' 14
INCOME.
Gross premiums$ .........$............................ $70)2.438 61
Deduct gross amount paid for
Reinsuirance ........$24..........       .$24754 006
Return premilnms ...................     I151. 516 7 7
--    176.9271 4",
Total premiums ...................$520..                         $521,167
18
Gross interest on imort vge loans,. less $, -)28.4.3      ..-
crued interest on mortgages acquired during 1.912..      $8, 3.72 2
Gross interest on collateral loans .....................       11
Gross interest on bonds an d dividolids ol stoks, less
$510.91 accrued interest on bonds acquired1 during,,
1912 .                                                   24,047 43
Gross interest on deposits in trust companies and
banks ..53........................................3...    2> 527
Gross rents from     company',s property, ineludiwx
$1,200.00 for coinpany's occupancy of its own build-
ings .1...............................................    210 30
Total gross interest and rents               .         .           38,157
39)
From other sources:
Guarantee deposits written ............7...........      S  20.0qo 02
Assessments on premium. notes .....................     22.82, 96 53)
8310.8. 5.
Gross profit on sale or maioturity of ledger assets: TBonds  .    .     
 1.406 5.
Gross decrease, by adjit.istment. in book value of ledfer assets:
Bonds ...................... I...........................0.81.7 20
Total income ..........          I .$882,834 57
'rotal footings ....$1836                                           7 ...........................
 8i 1
DISBREIE'' f E NTS.
Gross   amnouint paid n0olic1ylold(ers for losses (inelud-
ing $00,260.42 ocecurring in previous years) ..........   $406,014 91
Deduct amount received for
Salvage .........                          $0,010 71
Reinsurance   ..2........                   22l 26
- 28,137 00
Net amount paid policybolders for losses ....................    $377,S,77
9)I
Expenses of adjustment and settlement of losses ...................     
  8 03 801
Commissions and brokerage ........         ...............................
 138,770 87
Allowances to local agcencies for miscellaneous ag--ency expeIises .... 
    47 51