The book Arnould On the Law of Marine Insurance was written by author Arnould, Joseph, Sir, 1814?-1886 Here you can read free online of Arnould On the Law of Marine Insurance book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Arnould On the Law of Marine Insurance a good or bad book?
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1 The meaning of these latter words has been the subject of litigation before the French tribunals : it has been expressly laid down by the Oour Royale of Eennes, 2 and confirmed by the Cour de Cassation, 3 that they relate only to such portion of the freight of the goods ultimately saved as may have been paid in advance under the stipulations of the charter-party : that the only freight which passes by aban- donment to the insurer on the ship, is the freight of the goods on board at the time o...f the casualty and ultimately saved; but that the freight of goods landed previously to the casualty, under the terms of the charter-party, and thus earned before the loss, does not vest in the abandonee of ship. 4 The actual law in France, then, as far as relates to the effect of abandonment of ship on freight, considered apart from the interests of the underwriters on freight, appears closely to resemble our own. Deductions from freight when it vests as salvage. Sharp v. Gladstone. Claimed. With regard to the deductions to be made from the freight ultimately earned, when it vests as salvage in the abandonees, the following points have been decided : — In a case in which ship and freight, on detention under the Russian embargo of "1800, had been severally abandoned to the respective underwriters, and where it was assumed that each set of underwriters were to be considered as in the place of the assured for the respective interests insured, the shipowner claimed to make the following deductions from the freight ultimately earned before paying it over as salvage to the underwriters on freight, who had settled for and paid him a total loss : — 1.
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