Summary

Edward Douglass White O'Brien v. Miller — Opinion of the Court

The clear purpose of congress was to require the shipowner, in order to be able to claim the benefit of the limited liability act, to surrender to the creditors of the ship all rights of action which were directly representative of the ship and freight. Where a vessel has been wrongfully taken from the custody of her owners, or destroyed through the fault of another, there exists in the owner a right to require the restoration of his property, either in specie or by a money payment as compensation for a failure to restore the property.
Source: Wikisource

Edward Douglass White O'Brien v. Miller — Opinion of the Court

There are many other conditions of the bond which with equal force refute the attempt to limit the word 'vessel' in the defeasance clause to the Johnson, and which irresistibly make the language of the defeasance clause harmonize with t e nature and extent of the security afforded by the bond. Thus, the clause as to the arrival of the vessels made no distinction between the Johnson and the Leslie. It cannot be contended that, if the Leslie had arrived at the port of destination before the Johnson, her cargo could have been discharged without payment of the bond.
Source: Wikisource

Edward Douglass White O'Brien v. Miller — Opinion of the Court

While it may be inferred from the averment in the libel that the libelants assented to the bond, 'believing that the said bond was properly and necessarily issued,' that such assent was given subsequent to the execution of the bond, the language used does not imply that the master had not communicated with the cargo owners before making the hypothecation. As the bond does not import to the contrary, the master must be presumed to have lawfully executed it.
Source: Wikisource

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