St. Paul Fire & Marine Ins. Co. v. The Motomar

CHASE, Chief Judge.

The appellant is an American insurance company which insured two consignments of cargo that the appellee undertook to carry from New York to Bilbao, Spain, on its S.S. Motomar pursuant to the terms of bills of lading. A fire on the ship after it arrived at Bilbao having endangered it and its cargo, one of the consignments was jettisoned and the other was damaged by water in a successful attempt to put out the fire. The shipowner took cash deposits in Spanish money from the consignees of both of these shipments as security for their general average contributions. It also…