Samuel Nelson

“ Upon this, the agent entered the coffee upon the policy, with the words, 'not to attach if vessel be proved unseaworthy,' and so advised the company. They, on receiving this advice, immediately informed the agent that the endorsement was a practical nullity, and directed him to inform the plaintiff that they conceded his right to be covered by the policy, and that they had no other remedy but to name a premium commensurate to the risk, and fixed the premium at ten per cent., subject to the conditions of the policy, or two and a half per cent. upon a total loss. ”