2f58          MUTUAL TOWN INSUlIANCE COMPTANIES.
FARMINGTON MUTUAL FIRE INSURANCE COMPANY,
FARMlNGTON, POLK COUNTY, WIS.
[Organized or Incorporated June 5, 1878. Commenced business June
22, 1878.]
President, MARTIN SCHWAN, Jr., R. 2, Osceola, Wis.
Secretary, JOHN E. DEMULLING, R. 2, Osceola, Wis.
Eixpress office of Secretary: Osceola, Wis.
BALANCE SHEET.
Amount of ledger assets December 31st of previous year        $720 87
INCOME.
Gross premiums on all business written
during the year ......................     $1,254 49
Assessments actually received on current
year's assessments ...................      4,281 33
Policy fees: New, No., 60;
fee, $1.50; amount              $90 00
Renewals: No., 189; fee,
$1.50; amount    ..........     283 50
Additions: No., 55; fee,
$.50; amount     ..........      27 50
Total policy fees .................       401 00
Total collections ..... ......   $5,936 82
Returned on cancellations ....    ........        7 21
Total premiums and assessments, less de-
ductions .....                              $5,929 61
Cash received as interest .....  ..........      15 00
Total income during year ........   ................   5,944 61
Total assets of previous year and income. .     $6,665 48
DISBURSEMENTS.
Paid forl losses ......... ................  $3,075 05
Salaries, $296.00, and fees, $122.50, paid
officials .............................        418 50
Policy fees ................................    401 00
Paid for collection of assessments   ......     147 57
Postage, printing and stationery   ........      44 20
Total disbursements ................. ............     4,086 ~32
Balance ..................................      $2,579 16