Horace Harmon Lurton,
Metropolitan Redwood Lumber Company v…
“ This court, in furtherance of the apparent purpose of Congress to limit the liability of vessel owners (Revised Statutes, §§ 4283-4285, U.S.C.omp. Stat. 1901, pp. 2943, 2944) , has, by that rule, prescribed how an owner may avail himself of the benefit of the statute. The very nature of the proceeding is such that it must be exclusive of any separate suit against an owner on account of the ship. The monition which issues when the vessel has been surrendered, and a stipulation entered into to pay the value into court, requires every person to assert his claim in that case. ”
