1170             INDIANA LUMBE RMENS MUTUAL INS. Co.
INDIANA LUMBERMENS MUTUAL INSURANCE
COMPANY
Indianapolis, Indiana.
Ro1me Office, 518 NORTH DELAWARE STREET.
[Incorporated April 1, 1897; commenced business April 1, 1897.]
Date of admission into Wisconsin, February, 1905.
President, C. C. FOSTER.                         Vice President, J. W. PINNELL.
Secretary, F. B. FOWLER.
BALANCE SHEET.
Amount of ledger assets December 31 of previous year .............      
$291,456 9S
INCOME.
Gross premiums .............             I                  $341,726 20
Deduct gross amount paid for return premiums ......          44,734 41
Total premiums ......$........                                     $296,991
79
Gross interest on mortgage loans ....................         $6,345 53
Gross interest on bonds and dividends on stocks, less
$38.36 accrued interest on bonds acquired During
1912 .............................................   ..     5,801 34
Gross interest on deposits in trust companies and
banks ..............................................          723 81
Gross rents from company's property, including
$1,200.00 for company's occupancy of its own build-
ings  ...............................................        3,315 00
Total gross interest and rents ...............................        16,185
68
Total income ................................................       $313,177
47
Total footings ................    .........................  $604,634 45
DISBURSEMENTS.
Gross amount paid policyholders for losses (includ-
ing $9,263.50 occurring in previous years) ..........     $104,979 40
Deduct amount received for discount .................            174 39
Net amount paid policyholders for losses               .       .        
 $104,805 01
Expenses of adjustment and settlement of losses        .       .........
      449 50
Salaries, fees and all other charges of officers, directors, trustees
and home office employes ........................................       
  2,096 16
Rents..~~~~~~~~~~~..........                                    1,200 00
Rents ............................................                      
   2,173 6......
Advertising, $744.28; printing and stationery, $1,429.36   .     ...... 
     2,173
Postage, telegrams, telephone and express         .       .             
   2,208 65
Legal expenses ..............                                           
     116 83
Furniture and fixtures ............      .................................
   539 02
Fire department, fire patrol and salvage corps assessments, fees,
taxes and expenses       ........................ ......................
Inspections and surveys       ...................... .....................
 7,563 71
Repairs and expenses (other than taxes) on real estate         .    .9 99
98
Taxes on real estate ........................                           
      467 62
State taxes on premiums ...........................................     
    2,551 63
Insurance department licenses and fees ......       .....................
  1,361 97
All other licenses, fees and taxes:
Federal corporation tax ..........................$5 86
J4oc41 tax                       .                             572 40   
   578 20