Massachusetts spy and Worcester advertiser. [volume] ([Worcester, Mass.]) 1823-1825, 1824-04-07
REVISED
BY1a1 a WIS OF
w0RgRSTTR
MUTUAL FIRE INSURANCE. COMPANY

tors shall also be allowed dollar each every
to and from the place said meetings the Directors shall
make such further allowance to the President for his services
they shall deem reasonable.
ART The President and Directors may qudate adjust
sustained by insured such way
OPINION, shall be for the interest the Corporation
the question of damages partial
mutually chosen by the Directors insured report
sa'd referees to be conclusive
ART g. The President and Directors shall appoint such agents.
within the County of Worcester they may think proper
such powers and authorities shall be useful expedien
ART g. No alterations in the terms of insurance. made
on account OF Buildings being made by
means, not under control Of the insured
ART TO- There shall be meeting Company annually on
the second Wednesday of December their Office Worcester
six O'clock p NJ Fifteen members being present shall constitute
for doing business questions shall be decided by
majority OF votes, each member having many pol
lcles, with the right Of voting by proxy.
Art H. general meeting shall by the President and
Directors on application made them writing by twenty-five
members Notice such meeting shall be given three weeks
cesvely, News papers printed in Worcester
IL Each person. Company by its agent upon execution
DELIVERED shall to the Treasurer such PREMIUM
deposit as the President and Directors shall from time to time deter
mine.
ART 49, Each policy for the term Of seven years and
shall expire p O'Clock the day
computed from o'clock at noon of the day
on which the policy be dated
ART ID Each company insured pay each policy
or Endorsement duly executed exceeding thousand
hVe hundred dollars dollar for the above
dollars.
ART 49, When two or more risks are nc,pded in tho e oo,
Icy, they shall be severally valued
ART IT, Not than three fourths any Building
shall be insured by this and much less the insured
ART H. When buildings insured shall aienated by SALE
any other MEANS the insured his her. their
surrender MS her. or their policy policies and
exceeding his, her, or their deposit
ART H. The absolute funds this Company shall
by appropriated follows viz 1st TO all
all losses happening during the policies provided
me same should exceed five cent insured
should be proved that the insured puposey burned property
neglected to extnguh the fire when bunng3 disposed
areeahy to the provisions of the 18th arcle-4
OF said funds shall be refunded each member his her. their
heirs at the expiration ohs her, their policy policies
ART IT, The residue the absolute fund.- within
one year from the expiration the policy policies deposit
money not demanded within policy
or policies shall become vod shall be forfeited and pro-
perty Of the Company.
ART 90 In the Directors shall require the payment Of any
security gwen deposit part thereof payment
De neglected TOR than thirty days. after such
demquent policy shall and determine, payment
made with interest," and such given as shall be
satisfactory to the Directors.
ART 81 Each member, sustaining loss by fire. certify the
writing ofhe Directors as may be- and
before any rep airs made.
ART 22 No policy shall be the Companys Office to
agent attorney until such agent attorneys power
ed III books the company and the original be lodged
with the Secretary, paying therefor fee of dollar.
ART 3d. Whenever 900 received office Treasu
Of the President and Directors Fire nsu
ance Company.
ART a. No shall President Treasurer
/ this Company unless he be thereof.
ART 25 The shall paid
IN money at the delivery Of the policy and the insured shall
such the President
sum deposit equal to the premium
such LOSSES the Company by
OF any Building or Buildings AARON TUFTS Per Order.