The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1852-07-07
] b Y-LEA w s !.
ACT or INCORPORATION,
MONROE MUTUAL FIRE INSURANCE
CIRCULAR.
Agent of the Monroe
Mutual Fire Insurance Company:
wooDsr1ELD, OHIO,


Mutual Fire Insurance Company:
SrRThe Directors Of the Monroe Mutual Fire Insurance
Company wish you Agent Of this Society The du-
ties of such agency ascertain The raue OF property to
Be insured Of risk survey measure and make
plans Of buildings and to ascertain the loss incurred in case
Of fire. sssgs ess ACES
Great caution should be used asceaning the value Of
property insured particularly of buildings that have been
long built Particular attention should be paid to the depre.
ciaon Of the yaue as the present cash raue and not fhe
original cost is the point to be determined.
s Of the consequence that the sum insured should
Be considerably less than the cash value Of the property SO
insured thus leaving unmpaed powerful motive IN the
insured, arising from his interest in the property to guard
from destruction.
Not more than tyohrds Of the present cash value OF any
building will be nsured and as far as practicable on per-
sona rule be obseved and particularly
on goods than wohrds OF the average cas Vaue
a 10 be insured The amount be insured property par
scuarly liable out and decay should not exceea
one.ha Of the actual cash value You will therefore be
careful ascertain, as far as practicable It's real cash vaue
and use the utmost vigilance in guarding against any mis-
Of the applicant in relation TO the value OF the
property he wishes insured In general we wish no risk 10
exceed 900 dollars, any building and its contents
and wish not to take separate risks on anu ne
contens when situated in Villages so contiguous to each
other that at any fire. any probability, the company
would suffer loss Of over 6.OOO dollars
The rpey description OF property or oi the buildings
containing the property to be insured Is Of the rs
). ance , =,
In all cases the applicant should describe the property TO
be insured and sign the description and application forms
an important part OF the contract OF insurance. o "c"
the necessary blank forms and this circular OF IN
s,rcons will be furnished. The description should be FULL
accurate and explicit, specifying In case Of buildings the
materials Of which it composed and the uses for which
occuped particular reference should be had to It's Exposure
to IRE from internal construction, the manner OF warming
H. and if by Stoves whether there be hears to them the
pipes close whether they pass PARTITION or the soe OF ne
buildings and the securities provided in such pIaces.he
vicinity of the building other buildings. the materials
vhich thew are built size and Of occupancy and
any and every thing important its internal or external
sure Also any particular securities against hre ana
for exnguishng it such as engines water ana sou'o ,o'
lion as other buildings requires particular
the exact distances when enough expose those In
= sured, should in no be dispensed with.
II buildings are warmed by stoves, whether open or close
,hey ouph, 10 have hearth Of iron. lead or brick under
,hem sucently large protect the floor from falling Goals
and embers The pipes should be uniformly well hited ana
rveted together made close where they enter ch'mhey
and fmly braced up If the pipe pass PARTITION II shoud
h. oroected by iron tn to keep from all danger
fburniup the wood work. and there should not be suffered
when the pipe passes into the chimney to be hre ooard
the fire place underneath unless ned win shee' iron OF
If stoves and their pipes securely fixed as above
sstad or il the pipe passes OF the side oil the building
the risk is increased and Of course the premium When he
nina poes out Of the side OF the building, should be pro.
sc,ed in the way when passing paruon' ahd eA
tended three feet from the building and should not have com.
bua,ble materials under it, adjoining the building Stoves
should be raised from al communication directly with me moor
Buildings should seldom betaken tor insurance. ana ever
onlv at an increased where stove pipe runs INTO the
o.rre before entering the chimney Experience has shewn
h that this is very hazardous arrangement.
AS the policy will Usually contain only general descp,
lion of the property insured and refer to the
survey for particular descriPuon' WIZ rua"''y 20
thai the accuracy of the description therein Will preveh
and protect both the insured ana Inc com
nanv from sny mpuaiion Of unIarness or fraud Wnen
number OF buildings contiguous 10 the one nsureu'
n o the relative situation and distances wouid give much
Inflammation aud add greatly in forming correc, understand
~; ~ The degree Of hazard to which they exposed
This may be on the back Of the application or on sep
.ra,a naoer and be referred TO in the same hs is sPe
oes Of information which in villages particularly W. hoPe
will not be omitted 49,
an buildings or other property in the vicinity should be men
,oned And as our agents will possess the necessary hio
"a NATION, this should never be omllled.
S.narate valuations of each building and kind and species
to be insured should be made; and IN all cases e
vsnted to be insured on each should be mentioned II
he application The application before being signed
nrorabv be read applicant and ne should De disthct
lv informed that he will be answerable Tor its truth.
The rates OF premium you will find in the bylaws herote
.chsd In anpica,ons what is there deemed hazard
GUS YOU will the lowest rate for the safest and maHes
establishment Of the kind.
Il any other building or species Of property than what il
enumerated are insured, they will be by special rates
You will fix such rates OF premium as you sna deem Jug
and nroper fill up and take note therefor and receive ant
endorse on the thereof the three per cent on all SIX
anplcations and per cent per annum on all others
Aa 70 he regulation of premiums rates. no schedule ca
s ciyen which will dispense with the exercise OF sound ois
r.on on YOUR part The classes OF hazards and scnedue
S.rhed vou contain the Of premium the severa
kinds Of property and trades subject to the ordinary risks an
But these be varied according TO the 10
crease Of the risk attending the property insured and the r
may BE 90 unusually great as to prevent an insurance AZ
ha rates herewith estimated without regard to cola
s.l 81 extesna danger for example dwelling house
hck covered with slate or metal standing entirely alone,