The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1847-03-11
MUTUAL FIRE INSURANCE.

The Merchants and Farmers Mutual Fire In
surance Company of WORCESTER, MASS.
INVITE the attention 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, 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 denomnated eCtrGhGSGTdous; beliey
ing, that If such risks permitted to be mingled with
those of the Merchant Farmer the premiums likely
to be disproporonae the risks exactng 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 any building the shops Of carpenters black
smiths coopers cabinet makers, chair Makers and wheel
wr ghs or buildings in which dry shavings made to
such All extent to become hazardous, In which the
manufacture of WOOL cotton hemp fax, OIL paper, is
carried on 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 or used in such quantities as materially TO
increase the danger
And upon hay grain cattle horses sheep swine,
carriages harnesses household furniture, wearing apparel
books provisions and generally such property is kept
used in dwelling houses barns stables, and granaries,
while in the building specified in the policy but not in
other place.
Also upon stocks in trade of groceries, dry goods boots
and Shoes books and stationery cabinet ware, iron and
other metals hats, in bales -four gran provisions
eadymade clothing leather for sale in process of man
uacture into boots and Shoes merchant taOrs stocks and
other personal property hazardous than the above
The rates Of premium for the above descrb
ed property will be regulated by the character of the risk
and will beas reasonable those OF any other Company
Not more than threefourths of the value OF buildings
above the foundation, Of personal property will be in
sured than $4,000 in risk
The rates of insurance will be determined by the char
fthe risks shall appear the applications
careful discrimination being made n buildings and pro-
pery situated in small villages FARMS and the same
kind Of property when located in large villages and more
exposed from adjacent buildings. The premium required
in cash is sufficient 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 equtaby
divided among the insured To provide for all extraordi-
nBry casualties deposie note will be taken of double the
amount Of the cash premium which is liable to
if the exigencies Of the Company should
quire.
Insurance may be made for from five years. the
applicant may desire.
Applications received at the Company's Office
OUer Central Bank, 1902 Main ST., Worcester.
NAMES OF DIRECTORS
Isaac Davis, Worcester A. H. BullOch Worcester.
John Green, d. F. w. Gale, do
Artemas 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 r. 1s47.