Jenks's Portland gazette. [volume] (Portland [Me.]) 1799-1802, 1800-05-26
Maglsbs;hs 51stuai Fire Eefsrsaee Company.
A IL inRitutions deferve patronage

n LII initHutlOnS deferVe patronage
( n from lhc public in proportion 10 their ulefuI
nei' J he maQachuieus Ru,ea Fire IDiurance Com
Pany y conhdered by many coming under this de-
nomination il btIng incorporated for the benevolent
Purpole Of guard Nc rs aocatCs sean oes Of build
ngs by IRE, whether the lame lhoEd hapPsn by acc-
dent, Hghtn re civ oommotiou or foreign invA6on.
The Preiident and Directors therefore have Thought
proper lay before he public pr nciples and CEN
etai Hse oi its funds, induce ali peTons owning
houles or other bu Idings within the Commonwealth
20 become Members Of tho fame, and avail hemfelyes
OF ITS vantages by mutual iniuranyc we bear one
snofhers burthtns. The lofs luained by falls on
the company whereas Individuals. heretofore, were
obliged in cafe Of los by fire apply their part
ar friends. and IL the beneyOltnce 81 the pubic for
aihitance but IN he PIeient cafe opportunity pre-
len Of having their property fecurcd upon the only
jut Prn pcs Of nlurancs, by eating mo tbe fund,
Of the iooIety mix egua to he hazard 4a!y and no
more. Conllag atiens geucrallymoTe alarming and
far more dlreling 20 mankind than oEes at le4 and
the reaon u obvious in the former cafe Lizzie or no
provihon Ia been made IN this country for the pro-
eeton OF property caf Of fare where's IN The latter
1t IS slmoh univeria Uodef this confederation. IS
20 be hoped, thar tage locIGies who have been elb
hihed tor ne puTPor Of enlafgng their ueiunels TO-
wards mankind, well thUe gentlemen, who have
been in the habt OF ifung police, for the generous
dehgn Of iniurirg buildings will fo tar exgnd their
candor tow4 Is this ComPan, luppule that Iheir
attached to the final gain The difference Of the pre-
MUM add another n(iitVtion confer another
opportunity the citizens OF this Commonwealth for
fecurity and hAppinefs
The rates Of premium are from S.
TO IS cents one hundred dollars, governed by the
Judgment Of he Trulses which depends on the mate
rias OF which the houle il buit the manner Of
pyng i, and the relative ftuatlon Of the fame TO
other Buildings
Although the Policies are il1ued for
fsven years operates for any sis time; prov'Gon
= made. that when TIC property rfu Cd hal be
alen4fgd by ds2 il, fase, or by any othe means the
ahlred may iurrendsr his policy the Office, aud re-
esive fun aot exceeding his dePoGt money.
The fees ariiing from the policies,
transfers, endorsements, foreits and ntere sccrung
hereon will, in the whole time h all probability pay
the cHpence Of Office; ia which cafe nothing be
taken from the funds, but ablo lofes by fire IL
fortunately no ois happens he property with nterelt
reverts back to rhe perion VIII pad il Except bis
proportion Of the relerved funds) as the whoS funds
d Ne company, are placed IN the funded tock ofthe
Uufsed staFei the intere OF which is received quar-
tery put INFO principal, and accumulates much be-
yona compound intcren.
The calculations are made upon the
whole usmber Of buildings cohrumed by IRE in B9f,-
for the tive tern Of forty years Pat taken from the
reco DIS OF the X torical society commencing in 1859
and Of cour il includes the great FIRE Of 100 from
which and companion with the lnihtutions of the
fame nature 10 EFL ~ Trgi NsTgygrE &c. Il clearly
spPedrs that he funds adequate upport the los
Of more than fGeen hou(es annually 81 I6oo dollars
value G. b. Brt, in order make each ind idusi Of
the company entirely fats6ed ofhis indemnity in cafe
Of ol' by very great conASg ton provGon is nade
that each member fhall be aGched fun lin proper
tion) MAKE good luch lufs but not 10 any event
10 exceed TWO dollars for one paid premium and de-
out
1t is now thirteen months fnce the
riiqus' commenced. without any los whatever There
u gao go collars injured in the Office, one 9Th
q which = 70 the cOuRtry. The fuads already
relpctiabl. and ncrea6ng rapidly
~ SrEsS sffb' Prsflsaf md DirAasn.
Andrew Cunningham, Sec'ry.
Lnss4yI gffts M SaI Fire LaJarSan oE~,
70. IS SHATTERED, Bsfss
MSrsS7. (Sm--so)