The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-02-20
MUTUAL FIRE INSURANCE.

The Merchants and Farmers Mutual Fire In
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 afford Merchants and Farmers an opportunity
Tor procuring safe insurance. upon moderate terms, and
strictly upon the mutual principle. In order 10 preserve
this principle IS deemed Indispensable TO decline all Ilsks
which are usually denomnsted eTtrG-hGzGrdOus; beev
ing, that if such risks permitted TO be mingled with
those OF the Merchant Farmer the premiums likely
to be dsproporonae to the risks, exacng from such as
insure the least hazardous properly, than just and
equal contribution to the expense of insurance
Insurance may be made against loss damage by fire.
upon any building the shops carpenters black
smiths coopers, cabinet makers, chair Makers and wheel
wr gh or buildings in which dry shavings are
such become hazardous, In which the
manufacture of WOOL cotton hemp fax, oil, or paper, is
carried power employ ed in whch business
is done alike hazardous TO any of the above risks or IN
whlcR gun powder, furpehune, or any IKE comousuoe
matter stored used in such quantities materially to
increase the danger
And upon hay grain neat cattle horses sheep swine,
carriages harnesses household urniiure wearing apparel
books provisions and generally such property as is kept
used in dwelling houses, bans stables, and grHnares,
while IN the building peeed IN the polcS bui not IN any
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 gra provisions,
ready clothing leather for sale in process of man
ufactue boots and Shoes merchant aors Stocks and
other personal property hazardous than the above
The rates Of premium for insurance on the descb
ed property will he regulated the character of the risk
and will be reasonable those any other Company
Not more than hree-fourhs of the value OF buildings
sured than $4,000 in risk.
The rates of insurance will be determined bv the char
ofthe risks shall appear from the applications;
careful discrimination being made in buildings and pro-
pety situated in small villages on farms, and the same
kind ufpropery when located in large villages and more
exposed from adjacent buildings. The premium required
in cash is sufficient TO 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 equitaby
divided among the insured To provide for all extraordi
nary casualties, deposiie will be taken of double the
amount of the cash premium which note is liable to
if the exgencies of the Company should ever
qure.
Insurance may be made from five years, the
applicant may desire.
Applications received at the Company's Office
oUer Central Bank, 102 Main ST., Worcester.
DIRECTORS
Isaac Davis, Worcester. A. II Buloch, Worcester
John Green, d. F w. Gale, do
ARENAS Ward do Alex. Dewitt, Oxford
WIN. Dickinson do Joseph A. Denny, Leicester.
Edwin Consnt, do Otis Adams, Grafton
Chas Washburn, do John Brooks, Princeton.
ISAAC DAVIS, President.
CHARLES L. PUTNAM, Sec'ry.
Worcester Jan r. ls47.