The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-01-29
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 Of this Company is conducted. AS
the corporate name indicates the main object of the Com
psny is, to afford Merchants and Farmers opportunity
for procuring safe insurance, upon moderate terms and
strictly upon III mutual principle In order preserve
this principle it is deemed Indispensable decline all risks
which are usually denominated eTtrGazdrdous believ
ing, that if such risks permitted mingled with
those of the Merchant and Farmer the premiums likely
TO De dsprporonate to the risks, eXacng 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 carpenters black
Smiths coope cabinet makers chair Makers and wheel
ghls buildings in which dry shavngs are made TO
such an extent to become hazardous which the
manufacture of wool, cotton, hemp fax, OIL paper is
carried on steam power employed in which business
is done alike hazardous to any of the above risks
which gun powder, turpentne, any like combustible
matter is stored or used in such quantities materially to
increase the danger.
And upon hay grain neat cattle horses sheep SWINE
carriages harnesses household urnure wearing apparel
books provisions and generally such property is kept
or used IN dwelling houses barns stables, and granares,
while IN the building specified in the policy but not in
other place.
Also upon stocks trade groceries dry goods boots
and shoes, books and stationery cabinet ware, and
other metals hats in bales -four grain provisions
eadymade clothing leather for sale or in process of man
uacture into boots and Shoes merchant aors 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 besas reasonable those any other Company
Not more than hreefourhs of the value OF buildings
ABOVE the iounoaon or OF personal property Will De IN
sured; nor more than $4,000 in risk
The rates of insurance viii be determined by the char
ac'er ofthe risks as shall appear from the applications;
careful discrimination being made in buildings and pro-
perty situated in small villages, FARMS and the same
kind of property when located in large villages and
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 all extraord
nary casuatesa depose will be of double the
fhar
ment. if the exigencies of The Company should
quire.
Insurance may be made for from five years. the
applicant may desire.
Applications received at the Company's Office
Ouer Central Bank, 1912 Main ST., Worcester.
DIRECTORS
Isaac Dayis, Worcester. A. Ii Bulloch, Worcester
John Green, d. F. w. Gale, do
Artemas Ward, do Alex. Dewitt, Ogtord.
VIM. Dickinson, do Joseph A. Denny Leicester.
Edwin Conan do Otis Adams, Grafton
Chas. Washburn, do John Brooks. Princeton.
ISAAC DAVIS, President
CHARLES L. PUTNAM, Sec'ry.
Worcester, Jan u, ls47. 2