The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-04-27
MUTUAL FIRE INSURANCE.

The Merchants and Farmers Mutual Fire In
Company of WoRcEsrER, Mass.
INVITE the attention the public to the principle upon
which the business of this Company conducted. As
the corporate indicates, the main object of the Com
psny is 10 afford Merchants and Farmers opportunity
tor procuring safe insurance. upon moderate terms, and
strictly upon tae mutual principle In order preserve
this principle il deemed Indispensable decline all risks
winch are usual! dennminated ertra-hazar0ous; beey
n!, that il such risks permitted be mingled with
those OF the Merchant and Farmer the premiums likely
be dspropor,aaie the risks exacns from such as
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, coopes cabinemakers, chair makers, and wheel
VIZ ghs or buildings in which dry shavings made
such an extent to become hazardous which the
manufacture of wool, cotton hemp, flax OIL paper is
carried steam employ ed in which business
Is done alike hazardous to any of the above risks in
which gun powder, turpentine, any like combusble
matter is soreJor used in such quantities materially
increase the danger
And upon hay, grain cattle horses, sheep SWINE
carriages harnesse household furniture wearing apparel
books provisions and generally such property kept
used in dwelling houses barns stables, and granaries
while in the building specified in the policy but not in
other place.
Also upon stocks in trade of groceries dry goods hots
and shoes books and stationery cabinet iron and
other metals hats in bales, -four grain PROVISIONS
readymade clothing leather for sale in process Of man
ncture into boots and Shoes merchant iaor stocks and
other personal property hazardous than the
The rates Of premium for The above descrb
ed properly will he regulated by the character of the risk
and Will be as reasonable as these any other Company
Not more than three-ourths OF the value OF buildings
above the oundafOn, or OF personal property, VIII be
sured than $500 in risk.
The will be determined by the char
ofthe risks shall appear from the applications;
careful discrimination being made buildings and pro-
pery situated small villages farms, and the
kind of properly when located in large villages and more
exposed rom adjacent buildings. The premium required
in cash sufficient to constitute fund which will give
entire iidence The insured that all losses will he
promptly paid. Whatever surplus remains. above the
losses and expenses of The Company, will be egutbly
divided among he insured To provide for all exiraerj
nary depose note will be taken Of double the
Of the cash premium, wheh i, liable
If the exigencies Of The Company should
qnire.
Insurance may made from five years,
applicant may desire.
Applications received at the Company's Office
ouer Central Bank, 102 Main ST., Worcester.
DIRECTORS
Isaac Cavis, Worcester. A. II Bulloeh, Worcester.
john Green, d, w Gale, do
Artemas Ward do Alex. Dewitt, Oxford.
VIM. Dickinson do Joseph A. Denny, Leicester
Edwin Conant, DO Otis Adams, Grafton.
Chas. NashbuEn, do John Brooks PRINCETON.
ISAAC DAVIS, President.
CHARLES L.. PuTNAm, Sec'ry.
Worcester, Jan l2, ls47.