Additional Statement On Behalf of Claims of Uninsured Shipowners On the Geneva
Additional Statement On Behalf of Claims of Uninsured Shipowners On the Geneva
Cephas Brainerd
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— The award was in satisfaction of all the claims, but it was founded on losses, (i. E. , not on the claim of an insurance company for insurances. ) Mr. Davis, our agent, in his report, says : " We, therefore, devoted our energies towards secur- ing such a sum as should be practically an indemnity to the sufferers. Whether we have or have not been suc- cessful can be determined only by the final division of the sum. " {Papers, dec, vol. 4, p. 8. ) If Congress decides to pay insurance companies ...as for a total loss under their claims of subrogation, the question raised by Mr. Davis will be soon decided. The " sufferers " now un- recognized will get nothing, and the insurance compa- nies, who are in no sense " sufferers, " will take, substan- tiall}", the whole fund. V. — It is not understood that the insurance companies ever claimed as actual losers. When this discussion began they disclaimed an appearance in that attitude. Mr. Evarts, their leading counsel, in a brief filed in 1874, (p.
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