Massachusetts spy and Worcester advertiser. [volume] ([Worcester, Mass.]) 1823-1825, 1824-03-17
REVISED
BW@aG Avs OF
WORCESTER
MUTUAL FIRE INSURANCE COMPANY.
REVISED
BY @aG Avs OF
WORCESTER

dollar each every miles
to and from the place of said meetings. And the Directors shall
such further allowance the President for his services
they shall deem reasonable.
The Directors may quida adjust the
opinion shall be for the interest of the Corporation
the question Of damages Of partial or total loss to
mutually chosen by the Directors and insured the report OF
said referees to be conclusive.
g. The President and Directors shall appoint such agents.
within the County of Worcester they may think proper with
powers authorities shall be expedient
ART No alterations the terms OF insurance. shall be made
oa Buildings being made less hazardous by
means, not under control OF the insured.
ART TO- There shall be meeting Of this Company annually ON
the second Wednesday December their Office Worcester at
SIX O'clock Fifteen members being present. shall constitute
quorum for doing business All questions shall be decided by
majority votes each member having votes he has pol
icies, with the right of voting by proxy
Anil meeting shall be called by the President and
Directors application made TO them In writings by twenty-five
members Notice of such meeting shall be given three weeks
cesivey, in Newspapers printed in Worcester
of his her, their policy or policies, be
delivered shall the Treasurer such premium and make such
deposit as the President and Directors shall from time to time deter
49, Each policy shall be for the of years,
shall IL o'clock the day of the said
to be computed from and after IL O'Clock at of the day
on which the policy may be dated.
ART H. Each company insured shall for each policy
transfer Endorsement duly executed not exceeding thousand
hundred donr dollar for the above that two
dollars.
When or risks included the poll
cy they shall be severaly valued.
&c. Not ourths of the value any Building
shall insured by this and much less the insured
may choose
insured
other the insured his her. their representative may
surrender his her, their policy policies and receive
exceeding his her, or their deposit money
ART 49, The absolute funds this Company shall be- andhere
appropriated follows lst TO all chases2nd TO
all losses happening during the existence policies provided
the should exceed five cent sums nsured unless
should proved that the insured pupose burned the property
neglected extnguh the fire when bung3d To be disposed
to the provisions OF the 18th ace4h The residue
of said funds shall refunded each member his their
heirs, the expiration ofh her. their policy policies.
ART 49, The residue the absolute fund, demanded within
from the expiration the policy poces the deposit
money demanded within from the time the said policy,
policies, shall void shall be forfeited and become the pro-
perty of the Company
ART 90 In case the Directors require payment any
security given deposit any thereof and payment shall
be neglected for than thirty days. after such requirement. the
denquen policy shall and determine until shall be
with such given neglect shall be
satisfactory to the Directors
81 Each member sustaining loss by re sha certify the
writing the Directors be- and
before any repairs made. - = <tf-
No policy shall be issued from the Companys Office
Attorney until such agent attorneys be
books of the company the original power be lodged
with the Secretary, paying therefor fee Of one dollar.
800 received the Office, the Treasur-
of the President Mutual Fire
ance Company.
No shall President Director Treasurer
this Company, unless he be a member thereof
ART. 25. The insurance. shall in lie paid
money! the delivery the policy and the insured shall also
the President and Directors shall prescribe
deposit equal times the amount of such premium,
the Company the destruction
of any Building Buildings. AARON TUFTS, Per Order.