238           MUTUAL TOWN INSURANCE COMPANIES.
FARMERS MUTUAL FIRE INSURANCE COMPANY,
YORKVILLE AND MT. PLEASANT, RACINE COUNTY, WIS.
[Organized or Incorporated June 17, 1874. Commenced business June
30, 1874.1
President, H. J. HERZOG, Corliss, Wis.
Secretary, JNO. F. MOYLE, Union Grove, Wis. R. 6.
Express office of Secretary: Corliss, Wis.
BALANCE SHEET.
Amount of ledger assets December 31st of previous year      $318 33
INCOME.
Gross premiums on all business written
during the year ......................      $488 84
Assessments actually received on current
year's assessments ...................     2,309 18
Policy fees: New, No., 47;
fee, $1.50; amount              $70 50
Renewals: No., 126; fee,
$1.50; amount     ......       189 00
Additions: No., 67; fee,
$.50; amount     ..........     33 50
Transfers: No., 16; fee,
$.50; amount     ..........      8 00
Total policy fees ......... .........    301 00
Total collections ..... ......  $3,099 02
Cash received as borrowed money (date
borrowed, July 16, 1912) .650 00
Total income during year .......    ...............  3,749 02
Total assets of previous year and income ..   $4,067 35
DISBURSEMENTS.
Paid for losses .........  ...............  $1,206 25
Paid for fire department taxes   ...........     4 34
Borrowed money (date repaid, Nov. 16,
1912) ...............................        650 0
Interest on borrowed money      ...........     13 00
Salaries paid officials ...... ............    562 65
Paid for collection of assessments .......      45 28
Postage, printing and stationery   ......       38 93
Express, telegraph, telephone and ex-
change ...............................         6 75