220            MUTUAL TOWN INSURANCE COMPANIES.
Cash received as borrowed money (date
borrowed, Aug. 1912) .....     ...........      500 00
Total income during year ......       ................  1,057 50
Total assets of previous year and income ..      $1,490 91
DISBURSEMENTS.
Paid for losses ...     .....................    $952 03
Interest on borrowed money .....     .......       10 00
Salaries, $47.00, and fees, $24.00, paid
officials    ................................   7100
Policy fees ...........   .................       150 00
Paid for collection of assessments ......             33
Postage, printing and stationery                   26 60
Express, telegraph, telephone and ex-
change   ..............................             75
All other disbursements:   Livery ......            2 00
Total disbursements .......                            1,212 71
Balance .........................................  $278 20
LEDGER ASSETS.
Cash deposited in State Bank of Honey Creek; Lyons
State Bank; Trust National Bank of Elkhorn                   $278 20
NON-LEDGER ASSETS.
Furniture, fixtures and safes, $50.00; supplies $10.00..         60 00
Gross assets                     .                       $338 20)
DEDUCT ASSETS NOT ADMITTED.
Furniture, fixtures and    safes, $50.00; supplies, $10.00       60 00
Total admitted    assets .....  ......................   $278 20
LIABILITIES
Borrowed     money  unpaid .......    ......................   $500 00
RISKS.
No.         Amount.
In force on the '31st day of December of the pre-
ceding year ...................                  670   $1,091,390 0     Y
Written and renewed during the year ....    .....  150      348,315 00
Total .............        .........         820   $1,439,705 00
Deduct those expired    and cancelled .... .......  138     263,323 00
In force at the end of the year ....  ......  682  $1,176,382   00