228


MUTUAL TOWN INSURANCE COMPANIES.


Deduct those expired and cancelled ..... ......  90
In force at the end of the year .... .....  476
LOSSES AND CLAIMS.
No.
Losses and claims incurred during the year ...
Losses and claims paid during year ..........
Amount of losses paid since organization ............
Average insurance in force per policy ...............


184,148 00
$816,032 00
Amount.
$1,422 55
1,422 55
$18,675 97
1,766 39


FARMERS MUTUAL FIRE INSURANCE COMPANY,
WATERFORD, RACINE COUNTY.
[Organized or Incorporated June, 1875. Cosmmenced business October,
1875.]
President, W. E. HOYT, Burlington, Wis. R. 22.
Secretary, A. R. HULBERT, Burlington, Wis. R. 22.
Express office of Secretary: Burlington, Wis.


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


$843 66


INCOME.
Gross premiums on all business written
during the year ........      ...            $646 02
Assessments actually received on previous
years' assessments ....................          9 08
Policy fees: New, No., 13;
fee, $1.00; amount ......       $13 00
Renewals: No., 83; fee,
$1.00; amount    ..........      85 50
Total policy fees .... . .................... 98 50
Total income ...........    .................      753 26
Total assets of previous year and income ..     $1,597 26


DISBURSEMENTS.
Paid for losses .........................
Salaries paid officials ..................
Agents' compensation:
Commissions ...........            $9 00
Policy fees    ............        96 00
Total paid agents ................


$412 44
62 04


115 00