Summary

Portrait of John Catron John Catron Moore v. American Transportation Company…

The preamble of the British act of 7 Geo. 3d, declares, 'that it was of the greatest consequence and importance to the kingdom to promote and increase the number of ships and vessels, and to prevent any discouragement to merchants, and others, from being interested and concerned therein.' The object of the British legislation was 'to encourage persons to become owners of ships.' By the act of Geo. 2d, and others, the Parliament exempted ship owners from liability in several cases of loss, and among them, loss by fire. That these laws applied to commerce on the ocean, is not controverted.
Source: Wikisource

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