Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1852-01-15
MISCELLANEOUS.
Worcester Mutual Fire Insurance Co.

Worcester Mutual Fire Insurance Co.
AT the Annual Meeting Of the Worcester Mutu-
al Fire Insurance company held December 10, 1851 the
following officers elected:
President and Treasurer, FRED. WIN. PAINE
Secretary, ANTHONY CHASE.
Directors, EBENEzER ToRREY, Fitchburg,
PAUL Within, Norlhbrdge,
JOHN w. LINCOLN Worcester,
AMoRY HOLMAN. Bolton,
ALANsoN HAMILTON, W. Brookfeld
JANEs 5. WooDwoRTH, Worcester,
WIN. T. MERRIFIELD,
DAVID LEE, Barre.
The amount at risk, Dec l, 1851, Si0.89G 294.
The number of Policies now outstanding, is OG62. The
Company sustaneJ the last year, five partial and eight
total losses, amounting TO S3,4S950; of which sum
$l7S9 so has ben amcaby adjusted and paid, aud there
remains unsettled the estimated sum of Sc, 400.
The dividends have ranged, during he year, from n to
So per averaging 80 the dollar paid pre-
MUM, refunded TO the holders of expired policies The
cush funds Of the Company, Dec. L. 1851 amounted
S29, 344 SO, which is invested in Bank Stock, and
Mortgages on Real Estate.
spWeie it for HE interference Of foreign Insurance
Companies it'll the business of his Office, and with that
of Other responsible Offices in the County OF Worcester,
by establishing their agencies every here and sending
their irresponsible runners to every mans door, the
Directors of the old W ORC sTER MuTUALFlRE lNsUR
ANcE COMPANY would rely the above statement OF
facts, sustain their well ca ned reputation without
commenting al the subject OF insurance No
ance corporation in he country, to knowledge
has from the present condition Of such comnanics
the tfi it has required in Office for the last
twenty years; and the amount it ill probably
require in future. More than twenty years or uninter-
rupted experience in insurance, and knowledge the
character of the risks OF ther Offices and their
enable us TO speak adyisedy his subject To make
this statement ineligible 10 those who are not
familiar NTH nsurance-Suppose you pay $40 60,
insure your properly years, charge you $500
for your proportion OF the % 334.90, (he
Of funds Dec 81, 1851 leaving ouly dollars,
the sum actually required for the protection OF your
property The interest on cash funds amounts to
nearly eight Thousand dollars year, which is shared
by all the insured, and enables declare Dividend
averaging for the whole time have been in operation
than eighty per cent. ON expired p1lcies
We continue to confne operations to the Count ya
of Worcester and insure only the safest kid proper
ty. Without any hos lie feelings towards other lnsnr-
Companies, individual agents, ask every per-
son who has property he wishes protect against loss
by fire make the folio wing inquiries befre he pays
his money, may be for naught What is the character
of the RISKS your Company take? What is the
you have insured, ard where the property located?
What is the amount OF your cash funds and what div
idend do you pay expired policies? Does you- Com
pany every year ever, publish statement If
its condition the signature OF its executive off
GERS? The amer in which these questions
ed and the reliance that be placed the answers
will enable you determine where insure our prop.
erty.
F. w. PAINE, Prest
ANTHONY CHASE, Secy. WITT Jan Il.