Victory Carriers, Inc. v. United States

Plaintiff, Victory Carriers, Inc., (Victory) entered into a General Agency Agreement with the United States, acting-through the Maritime Administration (Maritime) whereby Victory agreed to manage certain vessels of the government, including the payment of certain expenses such as salaries to members of the crews, port expenses, repairs, etc. Victory established a special bank account into which Maritime made deposits to cover the estimated expenses of operating the ships. Victory was authorized to make disbursements from this account for vessel expenses.

The pertinent provisions of the…