The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-04-01
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 TO afford Merchants and Farmers an opportunity
Tor procuring safe insurance. upon moderate terms, and
strictly upon the mutual principle. In order TO
this principle deemed Indispensable decline risks
which are usually dennmnated eTtTa-hdzGTd0uS beiieV
ing, that if such risks permitted to be mingled with
those OF the Merchant Farmer the premiums likely
be dsproportonate the risks exacting such
insure the least hazardous properly, than just and
equal contribution TO The expense of insurance
Insurance be made against loss damage by fire.
upon any building the shops of carpenters black
smiths, coopes chair makers and wheel
VIZ ghs or buildings in which dry shavings made to
such an extent to become hazardous, IN which the
manufacture of wool, cotton, hemp fax OIL paper is
carried steam power employed or in which business
is done alike hazardous any of the above risks in
which gun powder, trrpentne, any like combustible
matter is stored used in such quantities materially to
increase the danger.
And upon hay grain, cattle, horses, sherp swine,
carriages harnesse household furniture wearing apparel
books provisions and generally such property is kept
used in dwelling houses, barns stables and granarie,
while in the building specified i'll The policy but not i'll any
other place.
Also upon stocks in trade of groceries, dry goods boots
and Shoes books and stationery cabinet ware and
other metals, hats in bales -four, grain provisions
ready clothing leather for sale in process of
ucue into boots and shoes merchant aIors stocks and
other personal property hazardous than the above
The rates Of premium for insurance The above descrb
ed properly will be regulated by the character of the risk
and will be reasonable those of any other Company
Not more than hree-tourths of the value of buildings
above the foundations of personal property, will be
sured than $500 in risk.
The rates OF insurance will be determined by the char
ace ofthe risks shall appear from the appcaons
careful discrimination being made buildings and pr
perty situated small villages, farms and the
kind Of property when located in large villages and more
exposed from adjacent buildings The premium required
in cush is sufficient to constitute fund which win give
entire confidence the insured that all losses will be
promptly paid. Whatever surplus remains. above the
losses and expehsss of The Company, viii be equitab
divided among the insured. To provide for all exraori
nay CASUALTIES depose note viii he taken of double the
amount of the cash premium which liable
ment if the exgences of The Company should ever
qnire.
Insurance may be made for from five years, the
applicant may DESIRE
Applications received at the Company's Office
oper Central Bank, l02 Main ST., Worcester.
OF DIRECTORS
Isaac Cavs, Forester. A. Bulloch, Worcester
John Green, d F. w. Gale, do
ARENAS Ward, do Alex. Dewitt, OTford
VIM Dickinson, do Joseph A. Denny Leicester.
Edwin ConanI do Otis Adams, Grafton
Chas. Washhurn, do John Brooks. Princeton,
ISAAC DAVIS, President.
CHARLES L. PUTNAM, sec'ry
Worcester, Jan IL, l647. 2