4?3'2


42  M UTUAL TO WN INS[JIANCE COMPANIES.


SUMMIT MUTUAL FIRE INSURANCE COMPANY,
SUMMIT, WAUKESHA 'COUNTY.
[Organized or Incorporated March 24, 1874. Commenced business
March 31, 1874.]
President, DANIEL McDONALD, R. 28, Oconomowoc, Wis.
Secretary, GEORGE F. FlEDLER, R. 29, Oiconomowoc, Wis.
Express office of Secretary: Oconomowoc, Wis.
BALANCE SHEET.


Amount of ledger assets December 31st of previous year


$84 67


INCOME.
Gross premiums on all business written
during the year .I
durig te yer .....................
Assessments actually received on current
year's assessments ...................
Policy fees: New, No., 14;
fee, 75c; amount .......       $10 50
Renewals: No., 74; fee,
75c; amount ...........         55 50
Total policy fees .................
Total collections ...........
Cash received as borrowed money (date
borrowed, June 1, 1912) ..............
Cash received from all other sources:
Membership fees at $1.00 each ........


$68 86


1,956 A6
66 00
$2,091 82
250 00
14 00


Total Income during year ......  .................  2,355 82
Total assets of previous year and income . .  $2,440 49


DISBURSEMENTS.
Paid foar losses ........................
Borrowed money (date repaid, Sept. 15,
1911 and June 1, 1912) ...............
Interest on borrowed money ............
Salaries, $75.00, and fees, $66.00, paid
officials ..............................
Agents' compensation:
Salaries ................       $75 00
Policy fees .............        66 00
Total paid agents .................


$1,367
700
11
141


67
00
10
00


141 00