The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-03-01
MUTUAL FIRE INSURANCE.

The Merchants and Farmers Mutual Fire In
surance Company of WORCESTER, MASS.
INVITE the attention OF the public to the principle upon
which the business Of this Company is conducted. AS
the copper indicates, the main object OF the Com
pny is, 10 affd Merchants and Farmers an opportunity
Or procuring safe insurance, upon moderate terms, and
strictly upon the mutual principle In order TO preserve
this prncpe it is deemed indispensable TO decline all risks
which usually denOmnated ertrahdzGrd0ns; beiev
in that il such risks permitted be mingled with
those the Merchant Farmer the premiums likely
edislrnporIionae risks, exactng from such
insure he least hazardous properly, than just and
equal contribution TO the expense of insurance
Insurance may be made against loss on damage by fire,
upon building the shops OF carpenters black
smiths coopes cabinet makers, chair makers, and wheel
Oh buildings in which dry shavings made to
such extent become hazardous or In which the
Manufacture Of WOOL cotton hemp, fax oil OF paper Is
carried employ or in which business
Is done alike hazardous to any of the above risks or IN
which powder turpentine, or any ike com0usble
matter Is stored used In such quantities as materially 10
increase the danger
Aud upon hay grain neat cattle horses, sheep swine
carriages household furniture wearing apparel
books prvsions and generally such property is kept
or used in dwelling houses, barns stables, and granaries
while the building specified in the policy but not ia any
other place. M
Also upon stocks in trade groceries, dry goods, boots
and shoes, and stationery cabinet ware iron and
other metals hats in bales -four grain provisions
te clohmg, leather for sale or in process of man
ufactue boots and Shoes merchant iaors Stocks and
other property hazardous than the above
The Of premium for insurance the above descrb
ed properly viii regulated by the character of the risk
and will he reasonable those OF any other Company
Not mere than hreeourths of the value OF bulld gs
above the foundation, of personal properly will be in
sured than $4,000 in one risk.
The e. 81 Insurance will be determined by the char
of hr risks shall appear from the applications
careful di crninstion being made buildings and pro-
Perty situated small villages, farms and the same
kind properly when located in large villages and more
exposed from adjacent buildings The premium required
10 cish sufficient to constitute fund which will give
entire dence the insured that all losses will be
prompi, paid. Whatever surplus remains above the
losses and expense OF The Company, will be equitaby
divided ing the insured To provide for all extraordi-
nRy es depos note will lie taken of double the
the cah premium, which note liable TO assess
ment if the exgencies Of the Company should ever re-
qnire. W 8N att eaf #Vs}s5N
In may be made for from to five years the
applicant NAV desire
Applications received at the Company's Office
oreT Central Bank, 102 Main ST., Worcester.
NAMES OF DIRECTORS
Isasc Eavis, Worcester. A. Fl Bulloch WoTcestey.
John Green, d. w. Gale, do
ARENAS Ward, do Alex. Dewitt, 0Eford.
Vim Dickinson, do Joseph A. Denny, Leicester
Edwin Conant, do Otis Adams. Grafton.
Chas. " ashburn, do John Brooks Princeton.
ISAAC DAVIS, President.
CHARLES L. PUTNAM, secry
Worcester, Jan ~. Ie47. s