The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-02-19
MUTUAL FIRE INSURANCE.

The Merchants and Farmers Mutual Fire In
surance Company of WORCESTER, MASS.
INVITE the attention the public the principle upon
which the business Of this Company is conducted. As
the corporate indicates the main object OF the Com
psny is, 10 afford Merchants and Farmers an opportunity
procuring safe insurance, upon moderate terms and
strictly upon the mutual principle In order TO preserve
this principle it is deemed indispensable TO decline all risks
which are usually denominated ahdzardous beev
in, that such risks permitted tn be mingled With
those OF the Merchant and Farmer the premiums likely
TO De dsroporonafe to the RISKS, exacIns from such us
insure The least hazardous properly than just and
equal contribution TO The expense of insurance
Insurance may be made against loss damage by fire,
upon any building the shops of carpenters black
smiths coOpefs cabheI-makers chair makers and wheel
ghs buildings in which dry siavings are made
such an extent become hazardous, which the
manufacture of wool, cotton, hemp, fax, oil paper is
carried steam power employ ed in lch business
Is done alike hazardous to OF the above risks,
which npowder, tnrpentne, or any like combustibe
matter stored or used in such quantities materially
increase the danger
And upon hay grain, neat cattle, horses, sheep swine,
carriages harnese household furnure wearing apparel
books, provisions and generally such property kept
or used IN dwelling houses barns stables and granaries
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 aud
other hats in bales -four, grain provisions
ady-made clothing leather sale process
ufacture and shoes merchant iaors stocks aud
other personal property hazardous than the above
The rates Of premium for insurance on The above descrb
ed properly, will be regulated by the character OF the risk
and will be reasonable those any other Company.
Not than Ihree-fourhs of the value OF buildings
ABOVE OF OF property, DC
sured more than $500 in one risk.
The OF insurance will be determined by the char
ofihe risks shall appear from the applications
careful discrimination being made in buildings and pro-
perty situated in small villages, farms, and the same
kind property when located in large villages, and more
exposed rom adjacent buildings. The premium required
in cash s sufficient TO constitute fund which will give
entire confidence to the insured that all losses will be
promptly paid. Whatever surplus remains. above the
losses and expenses Of the Company will be equaby
divided among the insured To provide for all extraOrdi-
nBry Casualties deposie will he taken of donbe the
bh ioto
ment, if the exgencies of The Company should ever
quire.
Insurance may be made for from one to five years. as the
applicant may desire.
Applications received at the Companys Office
Over Central Bank, l02 Main ST., Worcester.
DIRECTORS
Isaac Davis, Worcester. A. II Bulloch, Worcester.
John Green, d. F. w. Gale, do
Artemas 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, Secry.
Worcester, Jan 70, ls47.r