The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-02-26
MUTUAL FIRE INSURANCE.

The Merchants and Farmers Mutual Fire In
sutance Company of WORCESTER, MASS.
INVITE the attention the public the principle upon
1 which the business Of this Company is conducted. AS
the coporste name indicates the main object OF the Com
psny is 70 afford Merchants and Farmers an opportunity
tor procuring safe insurance, upon moderate terms, and
strictly upon the mutual principle In order preserve
this principle is deemed Indispensable decline all risks
watch are usually denominated eTtrahazardous; beiiey
ing, that if such risks permitted be mingled with
those Of the Merchant and Farmer the premiums likely
TO be dsroportionafe to the risks, exacng from such as
insure the least hazardous properly than just and
equal contribution TO lhr expense of insurance l
Insurance may be made against loss OF damage by fire,
upon building the shops Of Carpenters black
Smiths coopers cabineI-makers chair makers, and wheel
Nr ghls buildings in which dry shavngs are made to
such an extent to become hazardous, which the
manufacture of wool, cotton, hemp, fax OIL or paper Is
carried on or steam power employ ed or in which business
Is done alike hazardous any Of the above risks
which gun powder, turpentine any like combustble
matter is stored used in such quantities materially
increase the danger
And upon hay. grain, neat cattle horses sheep swne
carriages Harnesses, household furniture wearing apparel
books provisions and generally such property Kept
or used in dwelling houses barns stables, and granaries
while in the building specified in The policy but not in any
other place. ts@#
Also upon stocks in trade ofgroceres dry goods boots
and shoes books and stationery cabinet ware, iron and
other metals hats in bales four grain, provisions
ready-made cothHg leather for sale process of
uctUfe boots and Shoes laors stocks and
other property more hazardous than the above
The rates Of premium for insurance on The above descrb
ed property will he regusted by the character of the risk
and will be reasonable those any other Company
Not than lhree-fourths of the value buildings
above the foundations Of personal properly will be in
sured than $500 in risk.
The will be determined by the char
acie Ofihe risks shall appear from the applications;
careful discrimination being made in buildings and pro-
perty situated IN small villages, farms, and the
Kind of properly when located in large villages and
exposed from adjacent buildings. The premium required
in cash is 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 equitably
divided among the insured. To provide for all exraord
nsry casualties, depose will be taken of double the
he IN
ment. il the eSgences Of the Company should ever
qure. a
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 Davis, Worcester A. II. BulOch, Worcester.
John Green, do F. W. Gale do
Artemas Ward, do Alex Dewitt, Oxford
VIM. Dickinson, do Joseph A. Denny, Leicester
Edwin Conant, do Otis Adams, Grafton
Chas. Washbnrn, do John Brooks, Princeton.
ISAAC DAVIS, President.
CHARLES L. PUTNAM, Sec'ry.
Worcester, Jan IL, ls41. at eet sMh