The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-03-31
MUTUAL FIRE INSURANCE,

The Merchants and Farmers Mutual Fire In
surance Company of WORCESTER MASS
INVITE the attention of 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 TO afford Merchants and Farmers opportunity
Tor procuring safe Insurance. upon moderate TERMS ana
strictly the mutual principle In order to preserve
this principles it deemed indispensable decline all risks
which are usually denomnated ertra-hGzardous; belev-
ing that if such risks permitted to be mingled with
those of the Merchant and Farmer the premiums likely
to be dsproporonate to the risks exactng from such
insure the least hazardous property, 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, coope, cabinet makers, chair makers and wheel
ghs, buildings in which dry shavings made to
such extent become hazardous in which the
manufacture of WOOL cotton hemp, fax OIL paper, is
carried on or steam power employ in which business
is done alike hazardous any of the above risks, in
which powder nrpentine, or any like combustble
matter is stored used in such quantities materially
increase the danger
And upon hay grain, neat cattle horses sheep swine
carriages harnesses household funiture wearing apparel
books provisions and generally such property is 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 groceries, dry goods boots
and Shoes books and stationery cabinet ware, iron and
other metals hats cotton in bales -four gran provisions
ready clothing leather for sale in process of man.
ucture into boots and Shoes merchant aors stocks and
other property not hazardous than The above
The rates Of premium for insurance The above descrb
ed property will be regulated by the character of the risk
and will be reasonable those of any other Company.
Not more than ihreeourths of the value oil buildings
sared than $4,000 in one risk
The of insurance will be determined by the char
ofthe risks shall appear from the applications;
careful discrimination being made buildings and pr
perty situated small villages, or farms, and the
kind fproperty when located in large villages and more
exposed adjacent buildings The premium required
in cash sufficient 10 constitute fund which will give
entire confidence the insured that all losses will be
promptly paid. Whatever surplus remains, above the
losses and expenses OF the Company, will be equtably
divided among the insured. To provide for all extraord
nBry casualties depose note will be taken of double The
of the cash premium, which note is liable to
ment, if the exgences of the Company should ever
quire.
Insurance may be made for from five years. the
applicant may DESIRE
Applications received at the Company's Office
ooer Central Bank, 102 Main ST., Worcester.
NAMES OF DIRECTORS
Isaac Davis, Worcester. A. III. Buloch, Worcester.
John Green, do 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, Sec'ry.
Worcester, Jan IL, ls47. 2