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MUTUAL TOWN INSURANCE COMPANIES.


MMARTELL MUTUAL TOWN INSURANCE COMPANY,
MARTELL, PIERCE COUNTY.
[Organized or Incorporated Jan. 7, 1909. Commenced business Jan. 13,
1909.]
President, STENER THORSON, River Falls; Wis.
Secretary, L. H. PLACE, Ellsw'orth, Wis.
Express office of Secretary: Ellsworth, Wis.
BALANCE SHEET.


Amount of ledger assets December 31st of previous year


$875 90


INCOME.
Gross premiums on all business written
during the year ........  ..............    $1,687 44
Assessments actually received on current
year's assessments ....................      8,764 72
Assessments actually received on previous
years' assessments     .       .........      .66 84
Renewals: No. 438; fee, $2.25; amount ..         985 50
Total income ...................................      11,504 50
Total assets of previous year and income ........    $12,380 40


DISBURSEMENTS.


Paid for losses, including $268 for losses
occurring in previous years ...........
Salaries paid officials ..................
Paid for collection of assessments ......
Postage, printing and 'stationery ........
Express, telegraph, telephone and ex-
change   ..............................
All other disbursements:
For legal advice .....................
For adjusting losses .................
Acknowledging reports ...............


$10,931 56
985 50
50 00
102 10
3 44


2 00
145 00
1 50


Total disbursements ....-....................... 12,221 10
Balance..                                        $159 30
LEDGER ASSETS.


Cash belonging to company, in hands of treasurer ......
Furniture, fixtures and safes, $50; supplies, $20 ......


Gross assets ...................................




$159 30
70 00
$229 30