The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-01-16
MUTUAL FIRE INSURANCE..

The Merchants and Farmers Mutual Fire In
surance Company of WORCESTER, MASS.
INVITE the the public to the principle upon
which the business of this Company is conducted. As
the corporate indicates the main object OF the Com
psny is 10 afford Merchants and Farmers opportunity
Tor procuring safe insurance, upon moderate terms, and
strictly upon the mutual principle. In order preserve
this principles it is deemed Indispensable decline all risks
which usually denomBated eptra-h0zdr60us believ
ng, that if such risks permitted be mingled with
those OF the Merchant and Farmer the premiums are likely
be dsproportionae to the risks exactng from such as
insure the east hazardous properly, 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 coopeis cabinet-makers, chair makers, and wheel
VT CHS, or buildings in which dry shayings made
such an extent become hazardous in which the
manufacture Of wool, cotton hemp, fax OIL or paper is
carried on or steam employed in which business
Is done alike hazardous to any of the above risks in
which gan powder, irpentine, any like combusble
matter Is stored or used in such quantities materially
increase the danger.
And anon hay grain, neat cattle horses sheep swine
carrsg harnesses household ferniture wearing apparel
bo0A, oSisios generally sdch property 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 trade groceries, dry goods boots
and shoes books and stationery cabinet ware iron and
other metals hats cotton in bales -four grain provisions
eadynade clothing leather for sale in process of
uactue into boots ind shoes merchant ta0r stocks and
other personal property hazardous than the
The rates of premium for insurance the aove decrb
ed property will be regulated by the character of the risk
and will be reasonable those any other Company
Not more than Ihreeourths of the value buildings
above the foundation, Of personal property will be in
sured; nor more than $4,000 in risk.
II rates OF insurance will be determined by the char
&C Ofthe risks as shall appear the applications;
careful discrimination being made in buildings and pro-
perty situated in small villages farms, and the
kind of property when located in large villages, and
exposed from adjacent buildings. The premium required
in cash sufficient fund which win give
entire confidence to the insured that all losses will he
promptly paid. Whatever surplus remains. above the
lossesand expenses of the COMPANY, will be equaby
divided among The insured To provide all exiraordi
npry casuatesa deposie note will be taken of double the
of the cash premum which is liable
men if the exigencies of the Company should
gHise.
Insurance may be made from five years, the
applicant may desire.
Applications received at the Company's Office
0rer Central Bank, 102 Main ST., Worcester.
NAMES DIRECTORS
Isaac Davis, Forester. A. II Buoch, Worcester.
john Green, d. F. w. Gale do
ARENAS Ward, do Alex Dewitt Oxford
VIM Dickinson, do Joseph A. Denny, Leicester
Edwin Conan, 90 Otis Adams, Grafton
Chas. Washh1rn do John Brooke, Princeton.
ISAAC DAVIS, President
CHARLES L. Putnam, Sec'ry
Worcester, Jan r. lS47. 3