MUTUAL TOWN INSURANCE COMPANIES.


187


Cash received as interest ...............         46 83
Total income during year .......      ...............  15,504 44
Total assets of previous year and income..     $24,142 64
DISBURSEMENTS.
Paid for losses, including $110.00 for
losses occurring in previous years, ...    $14,434 41
Salaries, $1,025.00, and fees, $36.00, paid
officials ............ ..................    1,061 00
Agents' compensation: Policy fees    ......      720 00
Paid for collection of assessments   ......      228 17
Postage, printing and stationery     ......      124 90
Express, telegraph, telephone and ex-
change   ............  ..................       30 70
All other disbursements:
Office rent $80.00, blank books $20.80,
sundries, $.85, refunded $4.40  .......      106 05
Adjusting losses .......    ..............     276 30
Total disbursements ........    .....................  16,981 53
Balance   ...........   ......................  $7,161 11
LEDGER ASSETS.
Cash deposited in First National bank
$2,122.90, Schulte & Quilling $1,075.03     $3,197 93
Cash belonging to company, in hands of
treasurer  ......                            1,342 55
Bills receivable secured ......  ............  2,620 63
Total ledger assets .............................      $7,161 11
NON-EDGER ASSETS.
Unpaid assessments levied during cur-
rent year prior to Nov. 1 .....               $300 00
Furniture,  fixtures  and  safes, $50.00;
supplies, $20.00 .......   ...............      70 00
Total non-ledger assets .......    ..................    370 00
Gross assets .   ..............................  $7,531 11


DEDUCT ASSETS NOT ADMITTED.
Unpaid assessments levied during cur-
rent year prior to Nov. 1 ..... ........    $300 00
Furniture, fixtures and safes, $50.00;
supplies, $20.00 ........ ...............     70 00
Deduct total assets not admitted .....  ...........    370 00
Total admitted assets ......  ...............  $7,161 11