Massachusetts spy and Worcester advertiser. [volume] ([Worcester, Mass.]) 1823-1825, 1824-04-07
REPORT.

We the Subscribers owners Of buildings household furniture
within the County of Worcester anticipating advantages which
20 from having houses buildings
nure secured against fire. the only principles
act the General Court has been passed.
poatng Company by the of the Worcester Fire
Insurance Company and which provides that funds
among Members distributed among those whose hou
se buildings household furniture should be injured
by fire. originating any except that design Insured
hereby subscribe Members same do bind
ourselves our heirs and assigns to observe the following articles
such other rules be adopted by said Company.
ARTICLE l. Each person, Company, by agent insured
this Society," shall be considered member thereof shall
den to such LOSSES aud be entitled to such benefits
pressed in this agreement.
The power this Company shall be in President
Treasurer and eight Directors who shall be chosen by the
annual meetings. for the term OF and until others
cen in their stead.
ART The President Directors suprntend the pu
dental of the Company and shall have mana
and direction all matters and things not otherwise provided
these regulations.
They shall power aso shall be their duty to appoint
Secretary Clerk Clerks and to them their
hire office such place. upon such furnish with
stationary and such furniture they shall proper to receive
all The and the act of ncor-
poratin to reward such distinguish themselves
by extraordinary exertons services eXtnguhng fires
fer premiums the vigilance activity pro-
vded thus given shall exceed ten dolars-They keep
fair records OF all their transactions and the shall open to
all members of the Company during Office and shall
each annual meeting to said Company
all their funds they shall meet likewise Companys Office
the first Wednesday of each month"; clock P NJ aud
other times they shall Judge necessary Three members
quorum in case that number
should not assemble the Secretary shall adjourn the
day day. from week week. and shall President
and Directors accordingly.
ART A. All policies, which may this Company to
cover property previously insured shall be ao void
such previous Insurance be Endorsed the policy time it
and when subsequent insurance shall any other
Company by property insured in this Office
1co annuI the policy and the be
Company.
Also, when the insured shall alter enlarge building or appro.
pirate other than those mentioned policy so
to increase the risk, the SHALL acto, become void
But the insured shall alter enPrg change the use
building insured increase the risk and shall within sixty
days from such alteration enlargement change appropriation
give notice thereof 10 the Secretary the policy may by
the Directors such terms they may deem equitable.
ART. S. When any Mansion House, other Building shall be
alienaed by sale otherwise the policy SHALL hereupon be apsO
dcfO void unless the grantee aenee shall have policy
signed TO him. by Endorsement thereof and SHALL within v DAYS
give notice such assignment the Secretary the same
be recorded the books of the Corporation, which assignment
from the time notice aforesaid shall give to the assignee
all the benefits resulting from said policy.
ART g. The President and Directors shall their per
sonal attendance, at monthly special adjourned meeting
dollar each and shall fine Of dollar for
except reasonable shall be offered the board for absence
and the Secretary shall keep attendance
the President and each Director The said President and Dec