A vessel was stranded and frozen up in the St Lawrence in the beginning of the winter; and, on the breaking up of the ice in the Spring, she was found to be in imminent peril, and, after several surveys, both ship and cargo were sold under circumstances which the jury found to constitute a reasonable necessity for an immediate sale, the expense of getting the ship afloat and repairing her, and of forwarding the cargo (timber) to its destination (Liverpool) being greater than their value when so respectively repaired and carried :-Held, that the underwriters on cargo were liable as for a total loss, without notice of abandonment ; the information of the loss and of the sale having both reached the assured at the same time.
[1865] EngR 274, (1865) 18 CB NS 835, (1865) 141 ER 674
Commonlii
England and Wales
Insurance, Transport
Updated: 18 December 2021; Ref: scu.281186
