MUTUAL, TOWN INSU-URANCE COMPANIES.


347


INCOME.
Gross premiums on all business written
during the year ......................        $5,634 49
Policy fees: New, No.,
130; fee, $1.50; amount          $195 00
Renewals: No., 418; fee,
$1.50; amount    .........        627 00
Total policy fees .......   ...........      822 00
Total collections .......  ....    $6,456 49
Returned on cancellations .....     .........       57 69
Total premiums and assessments, less de-
ductions .............   .................    $6,9398 80
Cash received as interest .....     .........      363 30
Cash received from all other sources:
Assignment fees .........     .............       55 30
From   other sources ......    .............       4 34
Total income during year .......       ................   6,821 94
Total assets of previous year and income . .     $17,853 23


DISBURSEMENTS.
Paid for losses      .       ............. .   $6,642 70
Salaries, $852.22, and fees, $122.17, paid
officials      .          .                    974 39
Agents' compensation:
Commissions    .........        $137 12
Policy fees ..........           548 00
Total paid agents.                          685 12
All other disbursements:
Office rent, etc.                               125 00
Recording fees.                                  1 00
Notes placed in hands of attorney for
collection.                                   44 13
Returned overpaid premiums                      21 38
Total disbursements ............................
Balance ..................................
LEDGER ASSETS.
Cash deposited in Bank of Sturgeon Bay,
$1,650.00, Bank of Sawyer, $1,800.00 ..     $3,9450 00
Cash in company's office, or in hands of
treasurer .1,366 94
Mortgage loans on real estate, first liens       600 00
Bills receivable secured .3,290 00
Other ledger assets: Notes for premium           514 07
Total ledger assets .............................


8,632 22
$9,221 01


$9,221 01