MUTUAL TOWN INSURANCE COMPANIES.


473


WESTFORD MUTUAL FIRE INSURANCE COMPANY,
WESTFORD, DODGE CO.
[Organized or Incoirporated May 15, 1876; Commenced business June
4, 1876.]
President, JOHN STODDART, Fox Lake, Wis.
Secretary, W. J. COCHRANE, Fox Lake, Wis.
Express office of Secretary: Fox Lake, Wis.
BALANCE SHEET.


Amount of ledger assets December 31st of previous year


$343 15


INCOME.
Gross premiums on all business written
during the year .........
Policy fees: New, No., 35;
fee, $1.25; amount .$43 75
Renewals: No. 81; fee,
$1.25; amount ..........        101 25
Total policy fees .................
Cash received as borrowed money (date
borrowed, $150.00 Sept. 19, and $100.00
Nov. 11, 1912 ........................
Returned from Insurance Commissioner


$562 44
145 00


250 00
'50


Total income during year ......................      957 94
Total assets of previous year and income. .  $1,301 09


DISBURSEMENTS.


Paid for losses ........................
Borrowed money .......................
Interest on borrowed money ............
Salaries ................................
Agents' compensation: Policy fees.
Postage, printing and stationery.
All other disbursements:
Rubber bands .......................
Allowed on unexpired policies ........
Rent for 1911 and 1912 ...............


$559 38
250 00
3 15
142 75
145 00
11 28


10
64 10
10 00


Total disbursements       ........      ....................       1,185
38
Balance    .    ..................................           $115 33