MUT. COS. MAINTAINING UNEARNED PREMIUM RESERVE.   543
WEST BEND MUTUAL FIRE INSURANCE COMPANY,
West Bend, Wisconsin.
[Incorporated April 14, 1894. Commenced business May 1, 1894.]


President, P. O'MEARA.
Vice-President, JOSEPH OTT.


Treasurer, S. F4'. MAYER.
Secretary, C. F. LEINS.


BALANCE SHEET.
Amount of ledger assets December 31 of previous year ............       
 $46,884 06
INCOME.


Gross premiums ..........         ...........................  $31,364 64
Deduct gross amount paid for return premiums ......              1,220 26
Total premiums .............................................
Gross interest on mortgage loans, less $13.00 accrued
interest on mortgages acquired during 1912 ........           $2,026 31
Gross rents .     ..........................................       300 00


$30,144 38


Total gross interest and rents ................................         
  2,326 31
From   other sources: From      sale of application blanks .............
               78
Total income ............         ..................................... 
$32,471 47
Total footings .........          ................................  $79,355
53


DISBURSEMENTS.
Gross amnount paid policyholders for losses (includ-
ing $47.34 occurring in previous years) .............    $14,212 52
Deduct amount received for salvage ...................     '   557 20
Net amount paid policyholders for losses...
Expenses of adjustment and settlement of losses...................
Commissions and brokerage .......................................
Salaries, fees and all other charges of officers, directors, trustees
and homie office employes.........
Rents for company's occupancy of its owen buildings..............
Printing and stationery ...........................................
Postage, telegrams, telephone amid express.........................
Legal expenses ....................................................
Furniture and fixtures ...................................
Fire department, fire patrol and salvage corps assessments, fees,
taxes and expenses ..... I..........'.
Repairs and expenses (other than taxes) oa real estate.............
Taxes on real estate ...............................................
Fire marshal tax ................................................
All other licenses, fees and taxes: Federa;l corporation tax........
Other disbursements:
Electric light .$13 77
F uel, $125.76. insurance, $9.86; supplies, $27.511 .163 13
City water ............. .............................         3 75
P. 0. box rent ......................................           1 80
Miscellaneous expense ........      .....................     79 16
Dun's reports, $50.00; surety bonds, $24.00 .........         74 00
Collection and exchange ............................1 05


$13,655 32
254 40
7,524 64
3,086 01
300 00
265 89
202 37
10( (0(
45 00
446 C)68
.58 79
50 45
10(3 0A5
26,092 60


336 66


Total disbursements .........................................        $26,429
26
Balanlce .       ... ., ..,.. $52,926 27