The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-04-07
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 name indicates the main object oil 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 principle it is deemed indispensable decline all risks
which are usually denominated rtra-hazardous beev
ing that if such risks permitted be mingled with
those OF the Merchant and Farmer the premiums are likely
To De droportionate to the risks exactns from such as
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 any building EXCEPT the shops of carpenters black
smiths coope cabinel-makers chair makers and wheel
ghls buildings in which dry shavngs are made
such extent become hazardous, IN which the
manufacture of wool, cotton, hemp fax OIL 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, turpentne any like combustibe
matter is stored used in such quantities materially
increase the danger.
And upon hay. grain, neat cattle horses, sheep swine,
carriages harnesses household furniture wearing apparel
books provisions, and generally such property kept
or u,ed in dwelling houses, barns stables and granare,
while IN the building specified in he policy but not in any
other place.
Also, upon stocks in trade, ogroceres dry goods boots
and shoes, books and stationery, cabinet iron and
other metals hats cotton in bales flour, grain provisions,
reaymad clothing leather for sale process Of
uactute boots and Shoes merchant aors stocks and
other property hazardous than the above
The Of premium for The above descrb-
ed properly will he regulated by the character of the risk
and will be reasonable those of any other Company
Not more than lhree-fourths of the value buildings
above the oundation Of personal property, will be in
sured; more than $4,000 in one risk.
The rates OF insurance will be determined by the char
acer ofth risks shall appear from the applications
careful discrimination being made buildings and pro-
pery 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 is sufficient to constitute fund which will 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 equaby
divided among the insured To provide for all extraord
nery casuaesa depose will he taken Of double the
he cash j. O
men if the exigencies Of the Company should ever
quire
Insurance may be made for from five years. the
applicant may desire.
Applications received at the Company's Office
ouer Central Bank, 102 Main ST., Worcester.
NAMES OF DIRECTORS
Isaac eavis, Worcester. A. II Bulloch, 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 u, ls47.