An Essay on Average: And on Other Subjects Connected with the Contract of Marine Insurance

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M. Carey, 1817 - 295 Seiten
 

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Seite 205 - ... inasmuch as the written words are the immediate language and terms selected by the parties themselves for the expression of their meaning, and the printed words are a general formula adapted equally to their case and that of all other contracting parties upon similar occasions and subjects.
Seite 16 - I think, not tenable, to the extent in which it has been thrown out ; for though, in the ordinary state of things, he is a stranger to the cargo, beyond the purposes of safe custody and conveyance, yet, in cases of instant and unforeseen and unprovided necessity, the character of agent and supercargo is forced upon him, not by the immediate act and appointment of the owner, but by the general policy of the law. Unless the law can be supposed to mean that valuable property in his hand is to be left...
Seite 195 - NB — Corn, fish, salt, fruit, flour, and seed are warranted free from average, unless general, or the ship be stranded — sugar, tobacco, hemp, flax, hides and skins are warranted free from average, under five pounds per cent., and all other goods, also the ship and freight, are warranted free from average, under three pounds per cent, unless general, or the ship be stranded.
Seite 218 - If it had been intended that the underwriters should only be answerable for the damage that arises in consequence of the stranding, a small variation of expression would have removed all difficulty ; they would have said, ' unless for losses arising by stranding.
Seite 70 - Simple or particular average is not a very accurate expression, for it means damage incurred by, or for, one part of the concern, which that part must bear alone ; so that in fact it is no average at all, but still the expression is sufficiently understood, and received into familiar use.
Seite 40 - Necessity creates the law, it supersedes rules, and whatever is reasonable and just in such cases is likewise legal.
Seite 127 - ... the merchant in the same condition (relation being had to the prime cost or value in the policy) which he would have been in if the goods had arrived free from damage ; that is, by paying such proportion or aliquot part of the prime cost, or value in the policy, as corresponds with the proportion, or aliquot part of the diminution in value occasioned by the damage.
Seite 219 - But in the body of the policy they have insured against all losses from the causes there enumerated, which include stranding ; and then follows this memorandum, the evident meaning of which is, free from average unless general, or unless the ship be stranded; so that if the ship be stranded, the insurers say they will be answerable for an average loss.
Seite 39 - A seaman, who has engaged to serve on board a ship, is bound to exert himself to the utmost in the service of the ship...
Seite 253 - For my own part, I am so charmed with them, that, if my undissembled fondness for the study of jurisprudence were never to produce any greater benefit to the public, than barely the introduction of Pothier to...

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