Summary

Portrait of Joseph Story Joseph Story Orleans v. Phoebus — Opinion of the Court

The jurisdiction of courts of admiralty in cases of part-owners, having unequal interests and shares, is not, and never has been, applied to direct a sale, upon any dispute between them as to the trade and navigation of a ship engaged in maritime voyages, properly so called. The majority of the owners have a right to employ the ship in such voyages as they may please, giving a stipulation to the dissenting owners for the safe return of the ship, if the latter, upon a proper libel filed in the admiralty, require it.
Source: Wikisource

Portrait of Joseph Story Joseph Story Orleans v. Phoebus — Opinion of the Court

It may be here proper to state, that it is very irregular, and against the known principles of the courts of admiralty, to allow in a libel in rem, and quasi for possession (as the present libel assumes in some sort to be) , the introduction of any other matters of an entirely different character; such as an account of the vessel's earnings, or the claim of the part-owner for his wages and advances as master. In the first place, the admiralty has no jurisdiction at all in matters of account between part-owners.
Source: Wikisource

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