The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-04-08
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 indicates, the main object of the Com
psny is, TO afford Merchants and Farmers opportunity
Tor procuring safe insurance. upon moderate terms, and
strictly upon the mutual principle. In order preserve
this principle it is deemed indispensable decline all risks
which are usually denomnated ertrd-hazGSous beliey-
ing, that if such risks permitted to be mingled with
those OF the Merchant and Farmer the premiums are likely
to be disproporonae to the risks exactng 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 fire.
upon any building the shops of carpenters black
Smiths coopers, cabne-makers, chair makers and wheel
ghs, buildings in which dry shavings are made to
such extent to become hazardous, In which the
manufacture of WOOL cotton, hemp fax OIL paper is
carried power employ ed in which business
Is done alike hazardous to of the above risks, in
which gun powder tnrpentine, any like combustibe
matter is stored used in such quantities materially
increase the danger.
And upon hay grain cattle horses sheep swine,
carriages harnesses household urntue wearing apparel
books provisions and generally such property is kept
used in dwelling houses BARNS stables, and granares,
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 ware iron and
other metals hats cotton in bales four grain, provisions,
ready clothing leather for sale in process of man
uacure boots and shoes merchant aors' stocks and
other personal property hazardous than the above.
The of premium insurance the above descrb
ed property will be regulated by the character of the risk
and will be reasonable those OF any other Company
Not than hree-fourths of the value OF buildings
above the foundation, or Of personal property, will be in
sured more than $4,000 in one risk.
The rates of insurance will be determined by the char
ofhe risks shall appear from the applications
careful discrimination being made buildings and pro-
perty situated small villages, farms, and the
kind of properly when located in large villages, and
exposed from adjacent buildings The premium required
in cush is sufficient to constitute fund which win give
entire COZ dence 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 extraord
nsy casualties, depose note will be taken of double the
of
ment, if the exgences Of the Company should ever re-
qure.
Insurance may be made for from Eve years. the
applicant may desire.
Applications received at the Company's Office
oUer Central Bank, l02 Main ST., Worcester.
NAMES DIRECTORS:
Isaac PAWS, Worcester. A. II. Bull0ch, Worcester.
John Green, d. r 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 IL, lS47