This loss led the directors to levee the mutual’s second assessment to policies in force, this time for $1,098.50. If we converted the value of the dollar in 1881 to today\u2019s value, this claim would have been just short of $25,000.<\/p>\n\n\n\n
Claims for the balance of 1881, 1882, and 1883 were few. The treasurer reported a cash balance on $58.35 at the January 1882 annual meeting. <\/p>\n\n\n\n
The treasurer reported a cash deficit of $7.65 at the January 1884 annual meeting. <\/p>\n\n\n\n
Unfortunately, on April 28, 1884, a fire destroyed Owen Roberts house and furniture. This led to the mutual issuing a third assessment to its policyholders for $650 on May 3, 1884. \u00a0<\/p>\n\n\n\n
At the 1885 annual meeting, the mutual had a cash balance of $9.75.\u00a0<\/p>\n\n\n\n
How different are the financial standings for our mutual today! At our annual meeting held in April 2020, our President\/CEO Lois Wiedenhoeft reported total admitted assets of $8,779.213 for the year ending December 31, 2019.<\/p>\n\n\n\n
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<\/a>Minutes for Ixonia Mutual Fire Insurance Company, 1881, show the company\u2019s first payout of $1,000 to Carl Grath for property loss by lightening and fire. The itemized property values list Barn No. 1, Hay & Fodder, and illegible item, Farming Tools, and Barn No. 2. Any ideas as to what the illegible item might be?<\/em><\/figcaption><\/figure><\/div>\n\n\n\n
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Read More!<\/h2>\n\n\n\n
By the Minutes: Introduction<\/a><\/p>\n\n\n\n 1872 Watertown Mutual Founded<\/a><\/p>\n\n\n\n 1875 Ixonia Mutual Founded<\/a><\/p>\n\n\n\n Comparing the Capitalizing of Two Early Mutuals<\/a><\/p>\n\n\n\n A Mutual\u2019s First Claim<\/a><\/p>\n\n\n\n Supporting Dairy in the Late 1800s<\/a><\/p>\n\n\n\n 1879 Early Challenges for a Young Mutual<\/a><\/p>\n\n\n\n Ixonia Mutual’s First $1000 Loss<\/a><\/p>\n\n\n\n 1885 A Year of Neighbor Helping Neighbor<\/a><\/p>\n\n\n\n Changes of Bylaws<\/a><\/p>\n\n\n\n Our Dairy Heritage<\/a><\/p>\n\n\n\n Insuring Automobiles<\/a><\/p>\n\n\n\n Taxes, War and the English Language<\/a><\/p>\n\n\n\n Supporting the Community\u2019s Fire Protection<\/a><\/p>\n\n\n\n Board Directors and Their Meetings<\/a><\/p>\n\n\n\n Standardization of Wisconsin Mutuals<\/a><\/p>\n\n\n\n Of Electricity, Radio and Foxes<\/a><\/p>\n\n\n\n Our Annual Meetings Over the Years<\/a><\/p>\n\n\n\n Tumultuous 1930-1940s<\/a><\/p>\n\n\n\n How a Major Disaster Affected Extended Coverage and Reinsurance<\/a><\/p>\n\n\n\n Surviving the Big Dogs in the 1960s<\/a><\/p>\n\n\n\n Introducing Agents to the Mutuals<\/a><\/p>\n\n\n\n Accounting Over the Years<\/a><\/p>\n\n\n\n Centennial Anniversaries<\/a><\/p>\n\n\n\n Mutual Offices<\/a><\/p>\n\n\n\n Mutual Managers and Staff<\/a><\/p>\n\n\n\n Establishing Confidence in Financial Strength<\/a><\/p>\n\n\n\n Entering the Era of Computers<\/a><\/p>\n\n\n\n The 1990s, Advancement and Angst<\/a><\/p>\n\n\n\n The Start of the 21st Century<\/a><\/p>\n\n\n\n Concord and Watertown Merge<\/a><\/p>\n\n\n\n Ixonia Mutual and Watertown Mutual Merge and a New Company is Formed<\/a><\/p>\n\n\n\n Setting the Stage, Moving Forward with a New 2020 Vision<\/a><\/p>\n\n\n\n