480             DRIJGGISTS A¢I MUTUAL FIRE INS. CO.
DRUGGISTS MUTUAL FIRE INSURANCE COMPANY,
MILWAUKEE, MILWAUKE CO.
[Organized or Incorporated Jan. 1, 1907; Commenced business June
20, 1907.]
President, GEO. H. KESTEN, 502 State St., Milwaukee, Wis.
Secretary W. F. KAISER, 992 Kinnickinnic Ave., Milwaukee.
EKxpress office of Secretary: Milwaukee, Wis.


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


$2,736 46


INCOME.
Gross premiums on all business written
during the year ........   ..............  $2,935 6
Deduct:
Paid for reinsurance  ....      $34 12
Returned on cancellations         15 31
Returned in dividends ..         779 63
Total deductions .......... .........      829 06
Total premiums and assessments, less de-
ductions ..............................    $2,106 50
Cash received as interest ...............        95 52
Total income during year ......       ..............   2,202 02
Total assets of previous year and income        $4,938 48


DISBURSEMENTS.
Paid for losses .........................           $23 00
Paid for fire marshal taxes ..............           9 88
Salaries    ...................... ..........      200 00
Agents' compensation: Commissions                   733 87
Postage, printing and stationery ........           64 50
All other disbursements:
Legal advice    .........................         25 00
Bonds, Secretary and Treasurer ......             12 '50
Auditor   .............. ..o............          ! 0  00
Total disbursements ............................
Balance ..................................
LEDGER ASSETS.
Cash deposited in Wisconsin National Bank ..........


1,078 75
$3,859 73


$3,859 73