The Buckhannon
District Court, S.D. Florida
1Opinion of the Court
CALL, District Judge.
A general ship’s agent is presumed to rely upon the credit of the owner, and not upon the credit of the ship. But the contract of the Job Shipping Corporation is different from that of a general agent, in that it distinctly declares that the advances are not to be made upon the credit of the owner. The intention to rely upon the ship as security is definitely and clearly stated, and rebuts any presumption that might otherwise arise of credit to the owner. The advances were of a character to create a maritime lien. More than the amount remaining in the registry of the…
2Cited by1 opinion
- Hidalgo Steel Co. v. Moore & McCormack Co.District Court, S.D. New York · 1923