Summary

1911 Encyclopædia Britannica, Volume 22… (1911)

PRIZE, or Prize of War (Fr. prise, from prendre, to take) , a vessel or cargo captured by a belligerent on the high seas; also the act of capture. Under Blockade, Contraband, and Neutrality will be found details of existing practice as regards infringements of international law which expose neutrality vessels and cargoes to capture and trial in a prize court. Under War will be found the application of international law in relation to the private property of subjects and citizens of belligerent states as between them.
Source: Wikisource

1911 Encyclopædia Britannica, Volume 22… (1911)

If a question of law to be decided is covered by a treaty in force between flue belligerent captor and a power which is itself or whose subject or citizen is a party to the proceedings, the court is governed by the provisions of the said treaty.
In the absence of such provisions, the court shall apply the rules of international law. If no generally recognized rule exists, the court shall give judgment in accordance with the general principles of justice and equity.
Source: Wikisource

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