Marine War-risk Insurance: Hearings Before the Committee on Merchant Marine and Fisheries, House of Representatives, Seventy-sixth Congress, First Session, on H. R. 6572, a Bill to Amend the Merchant Marine Act, 1936, as Amended, to Provide for Marine War-risk Insurance and Reinsurance and for Marine-risk Reinsurance, and for Other Purposes. June 27, 28, and 29, 1939

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U.S. Government Printing Office, 1939 - 92 páginas
 

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Página 78 - ... maintained against the United States in the district court of the United States sitting in admiralty in the district in which the claimant or his agent may reside...
Página 65 - Vessel, by requisition or otherwise, whether In time of peace or war and whether lawful or otherwise; also from all consequences of hostilities or warlike operations (whether there be a declaration of war or not...
Página 67 - And in case of any loss or misfortune, it shall be lawful to the assured, their factors, servants, and assigns, to sue, labour, and travel for, in and about the defence, safeguard, and recovery of the said goods and merchandises, and ship, &c., or any part thereof, without prejudice to this insurance...
Página 64 - Commission shall pay the damage occasioned thereby, and the expense of sighting the bottom after stranding shall be paid, if reasonably incurred, even if no damage be found.
Página 67 - Touching the adventures and perils which we, the assurers, are contented to bear and do take upon us in this voyage: they are of the seas, men of war, fire, enemies, pirates, rovers, thieves, jettisons, letters of mart and countermart, surprisals, takings at sea, arrests, restraints, and detainments of all kings, princes, and people...
Página 25 - Whenever the President shall have issued a proclamation under the authority of section 1 (a...
Página 67 - And it is especially declared and agreed that no acts of the insurer or insured in recovering, saving, or preserving the property insured shall be considered as a waiver or acceptance of abandonment.
Página 67 - The British and Foreign Marine Insurance Company, Limited, of Liverpool. New York Branch. "Crew-Levick Company, on account of whom it may concern. "In case of loss, to be paid in funds current in the United States to them.
Página 61 - Policy shall become cancelled from the time of sale or transfer, unless the Vessel has cargo on board and has already sailed from her loading port or is at sea in ballast, in either of which cases such cancellation shall, if required, be suspended until arrival at final port of discharge if with cargo, or at port of destination if in ballast. A pro rata daily return of premium shall be made.
Página 65 - ... in consequence of such collision ; and it is further agreed that the principles involved in this clause shall apply to the case where both vessels are the property, in part or in whole, of the same owners...

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