The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-03-15
MUTUAL FIRE INSURANCE.

The Merchants and Farmers Mutual Fire In
surance Company Of WORCESTER, MASS.
INVITE m attention OF the public the principle upon
which the business Of this Company is conducted AS
the copnrste indicates the main object OF the Com
psny is to aard Merchants and Farmers opportunity
Tor procuring safe insurance. upon moderate terms and
strictly upon the mutual principle. In order preserve
this principe 1t deemed Indispensable decline arsks
which usually denomnated ertra-hazardous; beev-
ing, that fsuch risks permitted be mingled with
those of the Merchant Farmer the premiums likely
to be dIproporonafe to the risks exacting from such as
insure the es hazardous properly than Just and
equal contribution TO lhr expense of insurance
Insurance hay be made against loss damage by fire,
upon any budding the shops OF carpenters black
smiths, coope cabinelmakers chair makers and wheel
VT ghis OF Buildings in which dry shavings made
such an extent as TO become hazardous, In which the
manuactuFe Of wool, coon, hemp fax OIL paper is
carried on r steam power employed in which business
is done alike hazardous any Of the above risks in
which gun powder, turpentiDe, any like combusble
matter Is sed or used in such quantities materially TO
increase the danger.
And upon hay. grain, neat cattle horses sheep swine
carriages, harnesses household funiIure wearing apparel
books provisions, and generally such property kept
or used in dwelling houses barns stables and granaries
other place.
Also stocks in trade of groceries, dry goods, boots
and shoes books and stationery, cabinet ware and
other metals hats cotton in bales flour, grain provisions,
readynads cothng leather for sale in process of
uacture into boots and shoes merchant aor stocks and
other personal property 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 ~ reasonable those OF other Company.
Not more than thfee-fourhs of the value buildings
above the foundation, Of personal property, will be in
suredi nor more than $4,000 in risk
The rates OF insurance will be determined by the char
ace Of The risks shall appear the applicatons
careful discrimination being made buildings and pro-
perry small villages farms, and the
kind Of property when located large vagss, and
exposed from adjacent buildings The premium required
In cash is sufficient 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 equaby
divided among The insured. To provide for all extraord
merry casualties depoe note will be taken Of double the
amount OF the cash pemium,wh is liable
ment, if the exigences Of the Company should
qure.
Insurance mayh made for from to five years, the
applicant may desire.
Applications received at the Company's Office
OUer Central Bank, l02 Main ST., Worcester.
OF DIRECTORS
Isaac Davis, Worcester. A. II Buloch, Worcester.
John Green d. F w. Gale, do
Artemas Ward, do Alex Dewitt, Oxford.
VIM. Dickinson, do Joseph A. Denny, Leicester.
Edwin CoDant, do Otis Adams, Grafton.
Chas Washburn, do John Brooks. Princeton.
ISAAC DAVIS, President
CHARLES L. PUTNAM, sec'ry.
: Worcester Jan u, ls47. 2