Furniss v. The Magoun
District Court, S.D. New York
1Opinion of the Court
BETTS, District Judge.
The defence set up against the hypothecations in suit contests the validity of both bonds, upon the ground that the repairs and expenditures upon the vessel were unnecessary, and that the master had other resources sufficient for her actual wants, and had no authority to resort to a bottomry for other than necessary supplies or expenses connected with the voyage, and that he obtained the money for other objects and purposes. No misconduct or fraud is imputed to the master in the pleadings, and no proof has been adduced to show a misapplication of the funds raised, or…
2Cases cited2 opinions
- Milward v. HallettNew York Supreme Court · 1804
- Reade v. Commercial InsuranceNew York Supreme Court · 1808