306


MUTUAL TOWN INSURANCE COMPANIES.


LYNN MUTUAL FIRE INSURANCE COMPANY,
LYNN, CLARI Co., WIs.
[Organized or Incorporated May 21, 1878; Commenced business May
28, 1878.]
President, J. W. SHORT, Neillsville, Wis., Route No. 2.
Secretary, GEO. A. URE, Neillsville, Wis.
Express office of Secretary: Neillsville, Clark Co., Wis.
BALANCE SHEET.


-Amount of ledger assets Dec. 31 of previous year.......


$2,9c4 01


INCOME.
Gross premiums on all business written
during the year .....................
Assessments actually received on current
year's assessments...................
Assessments actually received on pre-
vious years' assessments..............
Policy fees: New, No., 1,485; fee, $1.00;
amount ..............................


$6,529 87
14,293 10
12 85


I -485 00


Total collections .................   $22,320 82
Returned on cancellations .706 39
Total premiums and assessments, less de-
ductions .$21,614 43
Cash received as borrowed money (date
borrowed, Apr. 3, $1,500; Apr. 16,
$1,500; May 2, $1,000; May 22, 1,000;
May 25, 1,000; Oct. 7, $1,500; Nov. 19,
$500 .8,000 00
Cash received from all other sources:
Fines and penalties ...................        4 64
'iwo per cent allowed agents for collect-
ing assessments.-                           281 60
Total income during year ........................   29,900 67
Total assets of previous year and income...   $32,864 68


DISBURSEMENTS.


Paid for losses .......................
Borrowed money, paid Sept. 4 & 17......
Interest on borrowed money.............
Salaries, $800.00, and fees, $275.40, paid
officials ..............................


$21,958 41
5,000 00
54 08


1,075 40