The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-02-18
MUTUAL FIRE INSURANCE.

The Merchants and Farmers Mutual Fire In
Company of WORCESTER MASS.
INVITE the attention the public the principle upon
which the business Of this Company is conducted AS
the corporate name 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 preserve
this principle it deemed Indispensable decline all risks
which are usually denomnated eTra-hazardous; belev-
ing, that if such risks permitted be mingled with
those OF the Merchant and Farmer the premiums likely
TO DC correspondence TO the risks exactng from such as
insure the least hazardous property, than Just aud
equal contribution TO ihe expense Of insurance
Insurance may be made against loss damage by fire.
upon any building EXCEPT the shops of carpenters black
smiths. coopefs cabneDaker chair makers wheel
gh buildings in which drv shayings are made to
such to become hazardous, or IN which the
manufacture Of WOOL cotton, hemp fax, oil, paper,
carried on, or steam power employed in ch business
Is done alike hazardous any of the above risks
winch gun powder, turpentne, any like combustibe
matter is stored or used in such quantities materially
increase the danger
Aud upon hay, grain neat cattle horses sheep swine
carriages harnesses household furniture wearing apparel
DOCKS PROVISIONS and generally such property as is kept
CT used IN dwelling HOUSES barns stables, and granares,
while in the building specified in the poc but not in
other place.
Also, upon stocks in trade groceries dry goods boots
and Shoes books and stationery cabinet ware iron and
other metals hats cotton Is bales, four graD PROVISIONS
ready clothing leather for sale or in process
ucure into boots and Shoes merchant iaors Stocks and
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 risk
and will be reasonable those Of any other Company.
Not than hree-fourths of the value OF buildings
sured nor more than $500 in one risk.
The rates OF insurance will be determined by the char
ace ofihe risks shall appear from the applications
careful discrimination being made in buildings and pro-
pery situated IN small villages, farms, and the
kind property when located in large villages and
exposed from adjacent buildings. The premium required
ia cash Is 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, wilt be equtably
divided among the insured To provide for all extraord
nary casualties depose note win be taken OF double the
is O asses
ment. if the exigencies Of The Company should
quire.
Insurance may be made for from one to five years. as the
applicant may desire.
Applications received at the Company's Office
Central Bank, l02 Main ST., WoreeSter.
NAMES OF DIRECTORS
Isaac Gayis, Worcester. A. II Bullooh, Worcester.
John Green, do F. w. Gale, do
Artemas Ward, do Alex. Dewitt, oEford.
VIM. Dickinson do Joseph A. Denny, Leicester.
Edwin Conant, do Otis Adams Grafton.
Chas. Washhurn, do John Brooks Princeton.
ISAAC DAVIS, President.
CHARLES L. PUTNAM, sec'ry
Worcester, Jan u, ls47.