MUTUAb TOWN INSURANCE COMPANIES.


197


FARMERS MUTUAL FIRE INSURANCE COMPANY,
HARMONY, ROCK COUNTY.
[Organized or Incorporated June, 1872. Commenced business July
1872.]
President, GEO. R. BARKER, Janesville, Wis.
Secretary, WM. A. McEWAN, Milton Junction, Wis.
Express office of Secretary, Milton, Junction, Wis.


BALANCE SHEET.
Amount of ledger assets December 31st, of previous year


$2,263 '37


INCOME.
Gross premiums on all business written
during the year ........   ...............  $1,129 74
Assessments actually received on current
year's assessments . .    ...............   2,247 54
Assessments actually received on previous
years' assessments .25 75
Policy fees: New, No., 236; fee, $1.50;
amount ...............................        354 00
Total collections ...... ............   $3,757 03
Deduct:
Paid for reinsurance  ....      $49 17
Returned   on   cancella-
tions .........  .......       94 43
Total deductions .............   ....     143 60
Total premiums and assessments, less de-
ductions .................. ............    $3,613 43
Cash received as borrowed money (date
borrowed, May 1, 1912) .....     ........   1,200 00
Cash received from all other sources:
Assignment fees .......    ..............      17 00
Total income during year .......    ................   4,830 43
Total assets of previous year and income . .   $7, 094 40


DISBURSEMENTS.
Paid for losses, including $23.75 for
losses occurring in previous years .....
Paid for fire department taxes ..........
Borrowed money    ......................
Interest on borrowed money ............
Salaries, $377.00, and fees, $97.93, paid
officials ..............................
Policy fees .............................
Paid for collection of assessments .......


$3,166 96
25 00
1,200 00
37 00
474 93
354 00
21 42