MUTUAL TOWN INSURANCE COMPANIES.                   245
FARMERS MUTUAL TOWN INSURANCE COMPANY,
BAYFIELD COUNTY.
[Organized or Incorporated January 12, 1909; Commenced business
March 10, 1909.]
President, EBEN OLSON, Port Wing, Wis.
Secretary, NELS M. OSCAR, Washburn, Wis.
Express office of Secretary: Washburn, Wis.
BALANCE SHEET.
Amount of ledger assets December 31 of previous year..        $149 64
INCOME.
Gross premiums on all business written
during the year .......   ...............$299 78
Assessments actually received on pre-
vious year's assessments .............          21 00
Policy tees ...........   .................       54 00
Total income .     ...................................   374 78
Total assets of previous year and income .........       $524 42
DISBURSEMENTS.
Agents' compensation: Commissions ....           $36 00
Postage, printing and stationery ........          4 00
Total disbursements .........    ...................      40 00
Balance ..............   ....................     $484 42
LEDGER ASSETS.
Cash in company's office, or in hands of
secretary ..... .  .................$80 93
Cash belonging to company, in hands of
treasurer.                                      318 58
Agents' balances representing business
written subsequent to Oct. 1, 1912               7 25
Agents' balances representing business
written prior to Oct. 1, 1912                   77 66
Total ledger assets .........   .....................   $484 42
NON-LEDGER ASSETS.
Unpaid assessments levied prior to current year ........        23 66
GrQss assets .........                .          -      $508 08