The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-03-27
MUTUAL FIRE INSURANCE.

The Merchants and Farmers Mutual Fire In
surance Company of WORCESTER, MASS.
INVITE the attention OF 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 to afford Merchants and Farmers opportunity
lor procuring SAFE insurance, upon moderate terms, and
strictly upon the mutual principle In order preserve
this principle is deemed indispensable decline all risks
winch are usually denominated e1trGhdzGdousi believ-
Ing that if such risks permitted be mingled with
those of the Merchant Farmer the premiums likely
to be Gsproporonate the risks, exactng 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, coopes cabinet-maker chair makers, and wheel
wr shs or buildings in which dry shavngs made to
such an extent TO become hazardous, which the
manufacture of wool, cotton, hemp, fax OIL paper is
carried on power employ ed in which business
is done alike hazardous TO any Of the above risks in
matter is stored used in such quantities materially
increase the danger
And upon hay, grain, cattle horses Sheep swine
carriages harnese household furniture wearing apparel
books provisions, and generally such property 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 iron and
other metals hats cotton in bales -four, grain provisions
ready clothing leather for sale in process of
uacure into boots and Shoes aors stocks and
other personal property not more hazardous than he above
The rates Of premium for insurance on the above escrb
ed property will be regulated by the character of the risk
and will be reasonable those Of any other Company
Not more than hree-fourths of the value OF buildings
sured than 5000 in risk.
The rates of insurance will be determined by the char
acte efhe risks shall appear rom the applications;
careful discrimination being made n buildings and pro-
perty situated small villages, farms, and the
kind Of property when located in large villages and
exposed rom adjacent buildings The premium required
in cash sufficient to constitute fund which win 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 equitaby
divided among the insured. To provide for all exlraorj
nary casualties depose note will be taken Of double the
the cash premium, which Is liable
ment, if the exgences of the Company should ever
guire.
Insurance may be made for from FIVE years. the
applicant may desire.
Applications received at the Companys Office
oUer Central Bank, l02 Main ST., Forester
DIRECTORS
Isaac Cavis Forester A. H Bulloch, Worcester.
John Green d. F w. Gale do
ARENAS Ward, do Alex. Dewitt, Ogtord.
VIM. Dickinson, do Joseph A. Denny, Leicester.
Edwin Cohant, do Otis Adams, Grafton.
Chas. Washbugn, do John Brooks, Princeton
ISAAC DAVIS, President.
CHARLES l.. PUTNAM, Secry.
Worcester, Jan IL, lS47.