The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-02-22
MUTUAL FIRE INSURANCE.

The Merchants and Farmers Mutual Fire In
surance 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 of the Com
pny is, TO afford Merchants and Farmers opportunity
for procuring safe insurance, upon moderate TERMS and
strictly upon the mutual principle In order to preserve
this principle it is deemed indispensable decline all risks
which usually denomnated eTtrahazardOus; believ
ing, that such risks permitted to be mingled with
those of the Merchant and Farmer the premiums are likely
to be disproporonae to the risks, eXaetg 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 of carpenters, black
Smiths coopers cabinet makers, chair makers and wheel
wr ghs, or buildings in which dry shavings made to
such extent become hazardous, In which the
manufacture of WOOL cotton hemp fax, OIL or paper, is
carried steam power employed or in which business
is done alike hazardous any of the above risks in
which gun powder turpentine, or any like comsustibe
matter stored or used in such quantities as materially TO
increase the danger
Aud upon hay grain neat cattle horses sheep swine
carriages harnesses household furniture, wearing apparel
books provisions and generally such property is kept
or u ed in dwelling HOUSES BARNS stables, and ganares,
while in the building specified in the policy but not IN any
other place.
Also upon stocks in trade of groceries, dry goods boots
and shoes, books and stationery cabinet iron and
other metals hats in bales four grain, PROVISIONS
readv-made clothing leather for sale or in process
ucture into boots and shoes merchant taOr stocks and
other personal property hazardous than the above
The Of premium for insurance The above descrb
ed properly, will he regulated by the character Of the risk
will be reasonable those of any other Company.
Not more than lheeourths of the value Of buildings
ABOVE the foundation, or OF personal properly VIII De IN
sured more than $1,000 in risk.
The OF insurance will be determined by the char
ofthe risks shall appear from the applications
careful discrimination being made in 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 constitute fund which will give
entire 6deace to the insured that all losses Will he
promptly paid Whatever surplus remains above the
losses and expenses of the Company, wilt be equitaby
divided among the insured To provide for all exraord
nary deposie will he taken Of double the
the cash premium, which is liable TO
menl, if the exigencies of the Company should
guire.
may be made for from five years, the
applicant may desire.
Applications received at the Company's Office
0ver Central Bank, 102 Main ST., Worcester.
NAMES OF DIRECTORS
Isaac Davis, Worcester. A. II Bulloch Worcester.
John Green, d. f. w. Gale, do
ARENAS 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 u, l847. 2