 | Horace Binney, Pennsylvania. Supreme Court - Law reports, digests, etc - 1809 - 676 pages
...the mutual understanding and agreement Philadel. " of the parties to this contract, that the lenders shall be liable °' " to average, and entitled to...to all intents and purposes, as underwriters on a poli" cy of insurance according to the usages and practices of the " city of Philadelphia." The ship... | |
 | Pennsylvania. Supreme Court, Thomas Sergeant, William Rawle - Law reports, digests, etc - 1824 - 628 pages
...this, that by the express understanding of the parties, the plaintiffs are liable to average, and have the benefit of salvage, in the same manner, to all intents and purposes as underwri~ ttrt, as if this inttrument was a policy of insurance, it will plainly appear, that the defendants'... | |
 | Joshua Montefiore - Commercial law - 1830 - 528 pages
...declared to be the mutual understanding and agreement of the parties to this contract that the lenders shall be liable to average and entitled to the benefit...manner to all intents and purposes as underwriters on a policy of insurance according to the usages and practice of the city of Philadelphia. LS SEALED AND... | |
 | United States. Supreme Court - Law reports, digests, etc - 1882 - 1074 pages
...any trade in articles contraband of war; but that the lenders shall be liable to losses and averages, and entitled to the benefit of salvage, in the same...to all intents and purposes, as underwriters on a policy of insurance, according to the usages and practices in the city of New York ; and that in like... | |
 | Rufus Waples - Actions in rem - 1882 - 862 pages
...loss of the ship," in such a bond, mean not a constructive, but an actual loss.5 If the contract be that the lender shall be liable to average and entitled to the benefit of salvage, like underwriters on an insurance policy, the borrower cannot calculate an average loss on the whole... | |
 | United States. Congress. House - United States - 610 pages
...trade in articles contraband of war ; but that the lenders shall be liable to losses and averages, and entitled to the benefit. of salvage, in the same...to all intents and purposes, as underwriters on a policy of insurance, according to the usages and practices in the city of New York ; and that in like... | |
 | United States. Supreme Court - Law reports, digests, etc - 1901 - 1610 pages
...any trade in articles contraband of war; but that the lenders shall be liable to losses and averages, and entitled to the benefit of salvage, in the same...to all intents and purposes, as underwriters on a policy of insurance, according to the usages and practices in the city of New York; and that in like... | |
 | Thomas I. Wharton - 1843 - 914 pages
...Ins. Co. Pennsylvania v. Duval, 8 S. & R. 138. 62. Where tfie parlies to a respondentia bond asree, that the lender "shall be liable to average, and entitled to the benefit of salvage, in the same manner as underwriters on a policy of insurance, according to the usages and practices of the city of Philadelphia,"... | |
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I hat may arise in consequence of a seizure or detention, for or on account of any illicit or prohibited trade, or any trade in articles contraband of war; but that the lenders shall be liable to losses and averages, and entitled to the benefit of salvage,... 