208


MUTUAL TOWN INSURANCE COMPANIES.


FARMERS MUTUAL FIRE INSURANCE COMPANY,
NEWI4RK AND ADJOINING TOWNS, ROCK COUNTY.
[Organized or Incorporated March, 1874. Commenced business April,
1874.]
President, T. A. TOLLEFSON, Oxfordville, R. 24 Wis.
Secretary, E. H. SKINNER, Beloit, Wis., 755 9th St.
Express office of Secretary: Beloit, Wis.


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


$409 65


INCOME.
Gross premiums on all business written..
during the year      .       ...........      $522 20
Assessments actually received on current
year's assessments     .      .6,421 03
Assessments actually received on previous
years' assessments      .       .29 44
Policy fees: New, No., 55;
fee, $1.50; amount .....         $82 50
Renewals: No., 160; fee,
$1.00; amount .........          160 00
Total policy fees ......   ...........     242 50
Total collections .....  ......   $7,215 17
Returned on cancellations .....    ..........      9 57
Total income during year .......     ................  7,205 60
Total income less deficit .....    ............  $6,795 9B


DISBURSEMENTS.


Paid for losses, including $48.00 for losses
occurring in previous years ...........
Salaries, $21.25, and fees, $180.00, paid
officials ..............................
Policy fees .............................
Postage, printing and stationery .......
All other disbursements:
Hall rent ...........................
Payments returned    ..................
Incidentals  ..........................


$5,384 40


201
39
61


25
00
31


4 00
3 43
3 18


Total disbursements ...........................
Balance .................................


5,699 57
$1,096 38