The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-04-10
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
for procuring safe insurance, upon moderate TERMS and
strictly upon the mutual principle In order
this principle it is deemed indispensable decline all risks
winch are usually denomnated ertrd-hdzardous Delev-
ing, that such risks permitted be mingled with
those of the Merchant Farmer the premiums likely
TO be disproportiOnae the risks exacng from such
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 building, the shops of carpenters black
Smiths coopers, cabinet chair makers, and wheel
wr ghs, or buildings in which dry shavings made TO
such extent to become hazardous or In which the
manufacture of WOOL cotton hemp, fax, oil, paper, Is
carried power employ in which business
is done alike hazardous to any of the above risks in
which gun powder turpentine, any like combustibe
matter is stored used in such quantities materially TO
increase the danger
And upon hay grain neat cattle horses sheep swine
carriages harnesses household urniture wearing apparel
books provisions and generally such property as is kept
used in dwelling houses barns stables, and granaries
while in the building specified in the policy but not in any
other place.
Also upon stocks in trade groceries, dry goods
and Shoes books and stationery cabinet iron and
other metals hats in bales, -four grain, provisions
ready clothing leather sale process of
uactue into boots and Shoes merchant taors Stocks and
other personal property not more hazardous than above
The rates of premium for insurance on the above descrb
ed property will be regulated by the character of the risk
and will be reasonable those Of any other Company
Not more than hree-ourths of the value OF buildings
above the foundations Of personal property, will be in
sured more than $1,000 in risk.
The OF insurance will be determined by the char
acie the 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 10 large villages and more
exposed adjacent buildings The required
in cash is sufficient TO constitute fund which VIII give
entire confidence 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 for all extraord
nery casualties depose note will be taken OF double the
OF pm.Wh
if the exgencies of the Company should ever re-
quire.
Insurance may be made for from to five years, as the
applicant may desire.
Applications received at the Company's Office
Ouer Central Bank, 102 Main ST., Worcester.
OF DIRECTORS
Isaac Davis, Worcester. A. H. Buloch, Worcester.
John Green, d. F. w. Gale, do
Artemas 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 r. le47. 2