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MARINE INSURANCE

MARINE INSURANCE

A HANDBOOK

BY

WILLIAM GOW

M.A. (Glasg.), Ph.D. (Heid.)
UNDERWRITER, THE MARINE INSURANCE COMPANY LIMITED (LIVERPOOL BRANCH),
FORMERLY SECRETARY, UNION MARINE INSURANCE COMPANY LIMITED,

PAST-CHAIRMAN, LIVERPOOL SALVAGE ASSOCIATION (MARINE)

London

MACMILLAN AND CO., LTD.

NEW YORK: MACMILLAN & CO.

1897

All rights reserved

First Edition, 1895; Reprinted with corrections, 1896, 1897.

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PREFACE

At the close of a course of lectures delivered in the Michaelmas term of 1893 at University College, Liverpool, under the auspices of the Liverpool Board of Legal Studies, I was honoured with several requests for the issue of the lectures in book form. In spite of the existence of such admirable manuals as the late Mr. Richard Lowndes's Practical Treatise on the Law of Marine Insurance, and Mr. Charles M‘Arthur's Contract of Marine Insurance, there seemed to be a want of some smaller and simpler book, adapted for the needs of beginners, and of those desirous of obtaining a general knowledge of the principles and practice of Marine Insurance, rather than a complete criticism of recent decisions on the subject. On consideration of the matter it became clear that if I was to make an attempt to meet this want, the subject must be worked over again by me from the beginning, the forms of expression employed in the lectures being in many cases ill-adapted or quite unsuitable for a book. I have accordingly rewritten the whole work, and have endeavoured to embody in the following pages the results of all important decisions on Marine Insurance up to ist February 1895. The authorities consulted are given in detail in the list on pages xi. and xii. ; unfortunately Mr. Tyser's book did not come into my hands until it was too late to use it

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