William Strong, The Thames — Opinion of the Court
“ We are, therefore, of opinion that the ship is clearly liable for the cotton to the libellant.And we think that the libel was rightly filed in the name of Billopp Seaman. By the indorsement of the bills of lading the legal ownership of the cotton passed to him, as well as the right to control its delivery. It is a matter of no importance that the beneficial interest may have been in the bank of which he was cashier. [4] The holder of a legal right may always assert it by suit, though he may be accountable to another for what he may recover. ”
