The Federal Reporter: With Key-Number Annotations ..., volume 28
The Federal Reporter: With Key-Number Annotations ..., volume 28
United States. Circuit Courts, United States. District Courts, District of Columbia. Court of Appeals, United States. Circuit Court of Appeals, United States. Commerce Court
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As shown by the evidence, the value of the ship- after she got off — for she was not injured to any extent — was $400,000. Mr. Mallory, one of her owners, says the cargo was worth from $100,000 to $150,000, so that the value of the cargo saved was not much short of $100,000. Three and one-half per cent, on $500,000 would be $17,500, and I think about that sum — $18,000 — is a fair allowance to libelants, and against owners, under all the circumstances of this case. The district judge allowed 4^... per cent, on $400,000, making $18,- 000, and I affirm his finding. Digitized by Google 318 FEDERAL BEPOKTER. The allowance to the intervenors for salved jettisoned cargo was on the basis of 33^ per cent, on the value of property saved, and seems just and proper. The Krona.* Fry and another v. The Erona. (Bilbt and others^ Intervenors.) (Circuit Court, E. D. Texas. 1886.) Salvage— Breach of Contract by Vessel. A vessel, by breach of her contract with another vessel, having contribnted to put the latter vessel in danger and peril, cannot and ought not to be com- pensated for services, although otherwise salvage services rendered in aiding to rescue her.
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