Wendell P. Colton Co. v. New York & Cuba Mail S. S. Co.

SWAN, Circuit Judge.

The petitioners were the owners of certain cargo that was lost from a lighter while being loaded thereon from the steamship Esperanza, owned by the Ward Line. Subsequent to this disaster an equity receiver was appointed for the Ward Line, and thereafter the petitioners filed in the receivership proceedings claims for cargo damage, asserting maritime liens against the Esperanza. The order of February 1, 1924, which appointed the permanent receiver and directed him to continue operation of the Ward Line vessels, contained the following provision with reference to insurance…