Jenks's Portland gazette. [volume] (Portland [Me.]) 1799-1802, 1800-05-05


a Ii inltitutions d-terye patronage
Z l. from he pablo in proper ion their uleiui-
nefs be MaAachuletts MGgual Fire iBlurauce COGl-
pany IS conhdered by N my coming under tn d.
nomination It heing Incorporated for the beneyo.eni
purpofe q guard sg a1oci4ies sganh ole Of build
K by fire, whether the fame ihoud hapP-n by acc-
dent, lightn Eg civil oommouon or foreign invAhon
the Prtfdent and Directors therefore, have Thought
proper lay before he pubic its pr neiPles snd yen
eral aae Of It's funds. induce all perons owning
houles other bu dings within the Cnmmonwea III
become Member, Of the came, and await ;hrmlcise
Of It's vantsges Ky mutual iniuran,e We bear enc
sno5hers burthtns The lof, lutained by One iaS on
The company whereas individuals. heretofort, were
obliged 10 cafe Of lois by FIRE apply their par,
Tar friends, the bene oence of the pubic for
el.ltance but ia The prelrut cafe opportunity pre-
isnts of having heT property icCurcd upon the only
jun prn pcs Of inlursnct, BY cafiag INTO the funds
Of The iOcIety mite equa' TO me hazard 9a and 10
more. Conaag ations geneT anymore alarming and
far dlreihng nk.nd than lohcs at it4 and
the reafon is obvious In the former cafe lt or no
proviion ha heen made ia this country for tle pro-
teion Of property cat Of FIRE, whcress in the later
It Is almol univerlal UodeI this cOtEderaii0g it Is
10 be hoped that thole locIses who have been enab
liihed for ME putpole Of enlargns their ultu
wards mankind as well thole gentleman who have
been in the habit Of iung police, for the generous
de6gn Of nluring on buildings, viii 70 Tar ia their
esRdor towards tRis COMPANY iuppolc hat their
motives OF pccuniary confederation are q luch
attached 10 the final gam the difference of nc pre-
MUM add another nnitu,ion, add confer another
emporium ~ on the czenI Of this Commonwealth! f4r
fecnrity and hAPpinrls
The rates or premium are from &
~ IS cents on one hundred dollars gove,ced by TIC
judgment Of the TruRees, which depends 90 the mate
fias OF which the houfe is buS the manner o occu-
pying il, and the relative titu4ton Of the lame as 10
other Buildings
Although the Policies are iHued for
fVen years, It operatesfor any cls time As ovGon
IS made that when tIe Property ini1 ca ihAH be
aienafcd by deah, fAle, or by any other means the
adlred may furrender his poicy The office, aud re-
ceive fun no; exceeding his depoGt money.
The fees sriiing from the policies,
transfers endorlements oreits aud ntercn accru;nq
hereon, will in the whole time ia all probability pay
she expcnc- Of Office; ia which cafe nothing can be
taken from the funds, bus abfoute olIes by FIRE If
fortunately lois happens the property with nterca
reverts back to the perlon VIII pad l. (cxcept his
proportion Of the relerved fuads) the whole funds
AZ the company, placed in the funded oc Of the
United States; the interett Of which received quar-
,ery, put mo principal. and aceuuuIates much be-
yono compound intereit.
The calculations are made upon the
whole number Of buildings coulumed b. Gre in Bsqs4
for the tic of forty years pat, taken ro the
reco ds of the Hlorcal Society, commencing in n 90
and 81 coale it includes the great fire of 100 from
Nhieh and comparilon with the infhtutions of the
fame nature ia Ezg n8 Tygc, Nsreygrt &c. il CLEARLY
appears that the funds adequate uPport the lois
Of than hxteen houfes annually of 1000 dollars
v2lefeach But, in order to make each individual Of
the company, entirely fatis6rd olhs indemnity in cafe
Of los hy very great conaagr5tion Provinn i aiade
that each member fhsl be aaeifed fun I'm pro por-
tion, 10 make good iuch lefs bat N any event
toeseeed I've dollars Tor onc paid as rFsajun and de-
CIT.
Il is now thirteen months fncc the
Eifqses commenced without any Iofs whatever There
= nov coo collars iniAfed 10 the dice one 9th
a which is in n. eountry. The funds arc ALREADY
xslpect2bls and acrcahng - pidly
81 sraer Of fJs Pr7slszi .a< DirAfss,,,
Andrew Cunningham, Sse'ry.
na.-issyffh hEzsaaI Fiys Isjsraas 0tS.e,