The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-03-06
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 this Company is conducted As
the corporate indicates, the main object the Com
psny is, TO afford Merchants and Farmers opportunity
or procuring safe insurance, moderate terms, aud
strictly upon the mutual principle In order preserve
this principle it is deemed indispensable decline all risks
which usually denomnated e1trahazardOus believ-
ing, that such risks permitted to be mingled with
those OF the Merchant and Farmer the premiums likely
to be dproporlonae to the risks, exactng from such
insure the least hazardous properly, than just and
equal constitution co the expense OF Insurance
Insurance may be made against loss damage by fire,
upon any building EXCEPT the shops Of carpenters black
Smiths coopers, csbnemakers chair makers, and wheel
wr ghs, or buildings in which dry shavings made
such an extent to become hazardous which the
manufacture of WOOL cotton hemp fax, oil, paper, is
carried on or steam power employed in which business
done alike hazardous to any of the above risks in
which gun powder turpeniine, any like combustible
matter Is stored or used in such quantities materially 10
increase the danger
And upon hay grain neat cattle horses sheep swine
carriages Harnesses household furniture wearing apparel
books provisions and generally such property kept
used in dwelling houses, barns stables, and granares
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 iron and
other metals hats cotton in bales -four grain, provisions
ready clothing, leather for sale in process of
ufacue into boots and Shoes merchant aors stocks and
other property not more hazardous than above
The rates Of premium for insurance The above descrb
ed property will he regulated by the character of the risk
and will be reasonable those any other Company
Not more than three-fouths of the value buildings
above the foundation Of personal properly will be in
sured more than $4,000 in risk.
The rates of insurance will be determined by the char
ace ofthe risks as shall appear from The applications
careful discrimination being made buildings and pro-
perty situated small villages farms, and the
kind Of property when located in large villages and
exposed from adjacent buildings The premium required
in 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, will be equitaby
divided among the insured To provide for all extFaord
nary casualties depose note will he taken Of double The
amount OF the cash premium which liable
ment. if the exgences of the Company should ever
quire.
Insurance maybe made for from five years, the
applicant may desire
Applications received at the Company's Office
OUer Central Bank, l02 Main ST., Worcester.
NAMES DIRECTORS
Isaac Davis, Worcester. A. II. BuloCh, Worcester.
John Green, do 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, Sec'ry.
Worcester, Jan IL. ls47. 2