Baker Castor Oil Co. v. Insurance Co. of North America

CHASE, Circuit Judge.

In 1941, before the United States was at war, Lloyd Brasileiro, a department of the government of Brazil and the owner of three vessels here involved, the Comman-dante Pessoa, the Jaboatao, and the Lestel-oide, applied to the United States Maritime Commission1 for and received “warrants” for its vessels. A shipowner receiving such warrants obligated itself to adhere to the rules and regulations of the Commission, including the routes and voyages which its vessels should undertake, and in return was entitled, among other benefits, to priority for facilities for loading and…