The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-04-12
MUTUAL FIRE INSURANCE.

The Merchants and Farmers Mutual Fire In
Company of WORCESTER MASS.
INVITE the attention OF 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 Merchants and Farmers opportunity
for procuring safe insurance, upon moderate TERMS and
strictly upon the mutual principle. In order to preserve
this principle ii is deemed indispensable decline all risks
which usually denomnated ertra-hazdrdous; beev-
ing, that such risks permitted be mingled with
those of the Merchant and Farmer the premiums likely
to be dsproporonae to the risks exactng from such as
insure the least hazardous property mere than Just and
equal contribution TO the expense of insurance
Insurance may be made against loss damage by fire.
upon building, the shops of carpenters black
Smiths coopers cabinet makers chair Makers and wheel
ghts, or buildings in which dry shavings made to
such extent to become hazardous or in which the
manufacture of WOOL cotton hemp fax, oil, or paper, is
carried on, steam empoye or in which business
done alike hazardous to any Of the above risks or IN
which gun powder turpentine, any like combustibe
matter stored or used in such quantities 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 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 and
other metals hats in bales -four grain provisions,
ready clothing leather for sale in process of man.
uacue into boots and Shoes merchant aors' stocks and
other personal property hazardous than the above
The rates Of premium for insurance The above descb
ed properly will he regulated by the character of the risk
and will be reasonable those of any other Company
Not more than hree-fourths of the value OF buildings
above the tounda0n OF personal property, will be
sured nor more than $4,000 in risk.
The of insurance will be determined by the char
oflhe risks shall appear from the applications
careful discrimination being made buildings and pro-
perty situated in small villages, farms, and the
kind property when located in large villages and more
exposed from adjacent buildings The required
in cash is sufficient constitute fund which win 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 equitably
divided among the insured. To provide for all exraord
nBry casuaesa depose note will be taken of double the
amount of the cash premium which note is liable
ment if the exgences Of the Company should ever re-
quire.
Insurance may be made for from five years, the
applicant may desire.
Applications received at the Company's Office
oUer Central Bank, 102 Main ST., Worcester.
DIRECTORS
Isaac Davis, Worcester. A. H. Buloch, Worcester.
John Green, d. F. w. Gale, do
ARENAS Ward, do Alex Dewitt Oxford.
VIM Dickinson, do Joseph A. Denny, Leicester
Edwin Conan do Otis Adams Grafton.
Chas. Washburn, do John Brooks, Princeton.
ISAAC DAVIS, President.
CHARLES L. PUTNAM, Stc'ry.
Worcester, Jan II, .ls47.