The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-02-27
MUTUAL FIRE INSURANCE.

The Merchants and Farmers Mutual Fire In
surance Company of WORCESTER, MASS.
INVITE the attention the public TO the principle upon
L which the business of this Company is conducted. As
the corporate indicates, the main object OF the Com
psny is TO afford INGREDIENTS and Farmers an opportunity
Tor procuring safe insurance. upon moderate terms, and
strictly upon the mutual principle In order TO preserve
this principle deemed indispensable TO decline all risks
which are usually denomDated eTtTd-RdzGfdonS DeleV-
ng that if such risks permitted 10 be mingled with
those the Merchant Farmer, the premiums are likely
be dsproportonate the risks exacting from such
insure The least hazardous properly, than just and
equal contribution to the expense OF insurance
Insurance may be made against loss OF damage by fire.
upon any building the shops of carpenters, black
smiths, coope cabinet makers chair Makers and wheel
ghs buildings in which dry shavings made TO
such extent to become hazardous, or IN which the
manufacture of WOOL cotton hemp FAX, oil paper, is
carried on power employ ed in which business
is done alike hazardous any of the above risks or IN
which gun powder, turpenne, or any like comhustibe
matter is stored or used 10 such quantities as materially TO
increase the danger
And upon hay grain, cattle, horses, sheep swine,
carriages harnesses household furniture wearing apparel
books provisions, and generally such property is kept
used in dwelling houses barns, stables, and grnnares,
while in the building specified in The policy but not in any
other place.
Also upon stocks in trade Of groceries dry goods boots
and shoes books and stationery, cabinet ware, iron and
other metals hats in bales floor grain, provisions,
ready nade cotng leather for sale or in process Of man
ucue into boots and shoes merchant aor' stocks and
other personal property hazardous than the above
The rates Of premium for insurance on the above descb
ed property, will be regulated the character of the risk,
and Will be as reasonable as those OF any other Company
Not more than three-fourths of the value OF buildings
above the foundations OF personal property, will be
sured nor more than $500 in one risk.
The rates OF Insurance will be determined by the char
ace- Ofthe risks shall appear from The applications
careful discrimination being made in buildings and pro-
perty situated small villages, farms, and the
hind of property when located in large villages, and
exposed from adjacent buildings. The premium required
In cash is sufficient 10 constitute fund which will give
entire Ihdence to the insured that all losses will be
promptly paid. Whatever surplus remains. above the
losses and expens of The Company, will be equtabiy
divided among the insured TO provide for all exraor3
nary casuacsa deposie note will he taken of double the
amount Of the cash premiem note is liable
ment, if the exigencies Of the Company should
qnre.
Insurance may be made for five years. the
applicant may desire.
Applications received at the Company's Office
ouer Central Bank, l02 Main ST., Worcester.
DIRECTORS
Isaac Davis Worcester A. II: BullOch, Worcester.
John Green d. F. W. Gale, do
ARENAS Ward, do Alex. Dewitt, Oxford.
VIM. Dickinson, do Joseph A. Denny, Leicester
Edwin Conant, do Otis Adams, Grafton.
Chas. Washburn, do John Brooks, Princeton.
ISAAC DAVIS, President.
CHARLES l.. PUTNAM, sec'ry.
Worcester Jan T. Ie4T