The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-04-05
MUTUAL FIRE INSURANCE.,

L ne merchants and Farmers, Mutual Fire In
surance Company of WORCESTER, MASS.
INVITE the attention the public principle upon
which the business Of this Company is conducted. AS
the corporate name indicates the main object of the Com
psny is 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 arisks
which are usually denominated eTtrGhGzdTdous; beiev
ing, that if such risks permitted to be mingled with
those OF the Merchant and Farmer the premiums likely
to be diproportonae TO the risks, exacng 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 coopers cabneI-makery chair makers, and wheel
wr ghs, or buildings in which dry shRvings made to
such an extent become hazardous which the
manufacture of WOOL cotton hemp, fax oil, paper, is
carried power EMPLOY ed or in which business
is done alike hazardous any of above risks or in
which gun powder IuFpentine, any like combustibe
matter IS stored or used In such quantities materially 10
increase the danger
And upon hay, grain cattle horses sheep swine
carriages, harnesses household furniure wearing apparel
books provisions, and generally such property is kept
or 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 trade of groceries, dry goods boots
and Shoes books and stationery cabinet ware, iron and
other metals hats cotton in bales four grain provisions
ready clohlng leather for sale or in process of man.
uacure into boots and shoes merchant aors stocks and
other personal property hazardous than the
The rates of premium for insurance above descTb
ed property will he regulated by the character risk
and will be reasonable those any other Company
Not than hree-ourths of the value OF buildings
sured nor more than $4,000 in risk
The rates OF insurance will be determined by the char
acre ofhe risks shall appear from the applications
careful discrimination being made Il 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 is sufficient 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 extraordi
nary Casualties depose note will he taken of double the
amount of the cash premium, liable
ment, if the exgences of the Company should re-
qure.
Insurance may be made for from five years. as the
applicant may desire
Applications received at the Company's Office
over Central Bank, 102 Main ST., Worcester.
DIRECTORS
Isaac Davis, Worcester. A. II. Buoch, FORESTER
John Green d. F. 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, Secry.
Worcester, Jan IL, l647. 2