The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-03-29
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, afford Merchants and Farmers opportunity
for procuring safe insurance. upon moderate terms and
strictly upon the mutual principle. In order preserve
this principle it deemed indispensable decline all risks
which are usually denomnated ectra-hazardous; belev-
ng that if such risks permitted to be mingled with
those of the Merchant and Farmer the premiums likely
TO De dsroporonate to the RISKS, exactng rom sucn 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 the shops of carpenters black
Smiths coopers cabinet makers, chair makers and wheel
ghs buildings which dry shavings are made to
such as become hazardous, which the
manufacture of WOOL cotton hemp, fax, oil, paper, is
carried or steam power employed, 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
increase the danger
And upon hay grain neat cattle horses shepp swine
carriages harnesses household furniture wearing apparel
books provisions and generally such property as is 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 groceries, dry goods boots
and Shoes books and stationery cabinet ware, iron and
other metals hats, cotton in bales -four gra provisions
ready clothing leather for sale or in process of man.
ufaciure into boots and Shoes merchant aors stocks and
other personal property not hazardous than the above
The Of premium for insurance the above descrb
ed property will he regulated by the character OF the risk
and will beas reasonable those OF any other Company
Not more than three-fourhs of the value OF buildings
ABOVE Oh personal Will De
sured more than $4,000 in risk
The rates OF insurance will be determined by the char
acte ofhe risks as shall appear from the appcaons
careful discrimination being made buildings and pr
perty situated small villages, farms, and the
kind of property when located in large villages and more
exposed from adjacent buildings. The premium required
in cash is sufficient a 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 equtably
divided among the insured. To provide for all extraord
nBry casualties depose note will be taken of double the
of the cash PREMIUM which is liable
ment, if the exgences 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
0Uer Central Bank, l02 Main ST., Worcester.
DIRECTORS
Isaac Davis Worcester A. II. BuOch, Worcester.
John Green do F. w. Gale do
ARENAS Ward, do Alex Dewitt 0rford.
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 II, l647.