The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-03-30
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 coporste name indicates, the main object of the Com
psny is afford Merchants and Farmers opportunity
for procuring safe insurance, upon moderate TERMS and
strictly upon the mutual principle In order preserve
this principle it is deemed indispensable decline arsks
which are usually denomnated ertra-haz0dOus; beev
ny that if such risks permitted to be mingled with
those of the Merchant and Farmer the premiums likely
to be dspoporonae to the risks, exacng from such
insure the least hazardous property, than just and
equal contribution to the expense of insurance
Insurance may be made against loss damage by sre
upon any building, the shops of carpenters black
Smiths coopers. cabne-makers, chair makers and wheel
wr ghs, or buildings in which dry shavngs made to
such an extent become hazardous In which the
manufacture of WOOL cotton hemp, fax, OIL paper, is
carried on power employ ed which business
is done alike hazardous any of the above risks
which gun powder urpentine, any like combustibe
stored or used in such quantities as materially 10
increase the danger
And upon hay grain neat cattle horses sheep SWINE
carriages harnesses household furniture wearing apparel
books provisions, and generally such property is kept
or used in dwelling houses BARNS stables, and granaTes,
while in the building specified in the policy but not in any
other place.
Also upon stocks trade groceries, dry goods boots
and Shoes books and stationery, cabinet iron and
other metals hats, cotton in bales -four grain, provisions,
ready clothing leather for sale or in process of man
ufacue into boots and shoes merchant taor 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 be reasonable those any other Company
Not more than hree-fourhs of the value OF buildings
suredi nor more than $4,000 in one risk.
The rates of insurance will be determined by the char
ace ofthe risks shall appear from the applications
careful discrimination being made buildings and pr
perty situated in small villages, farms, and the
kind 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 to the insured that all losses will be
promptly paid. Whatever surplus remains, above the
losses and expenses of the Company, will be equitably
divided among the insured. To provide for all exraorj
nary casuaes deposle viii he taken Of double the
amount of the cash preminm which note is liable
ment, if the exgences of the Company should
qure.
Insurance may be made from five years. as the
applicant may desire.
Applications received at the Company's Office
OUer Central Bank, 102 Main ST., Worcester
DIRECTORS
Isaac Cavis, Worcester A. H. Buoch, Worcester.
John Green, d. F. w. Gale do
Aremas Ward, do Alex Dewitt, Oxford.
VIM. Dickinson, do Joseph A. Denny, Leicester
Edwin Conant, do Otis Adams, Grdfton
Chas Washburn, do John Brooks, Princeton
ISAAC DAVIS, President
CHARLES L. PUTNAM, Sec'ry.
Worcester Jan ~, le47.