 | James Kent - 1832 - 536 strani
...practice of such loans. The master cannot hypothecate for a pre-existing debt, and the necessity of the loan must be shown to have existed at the time it was made, and that the master had no other means of raising the money at marine interest; and when that fact... | |
 | James Kent - 1858 - 728 strani
...practice of such loans. The master cannot hypothecate for a preexisting debt, and the necessity of the loan must be shown to have existed at the time it was made, (c)2 and that the master had no other (a) Condy's Marshall, vol. ii. 741, b, v. Reade v. Commercial... | |
 | John C. Devereux - 1868 - 444 strani
...owner does not reside. The master can not hypothecate for a preexisting debt, and the necessity of the loan must be shown to have existed at the time it was made, and. that the master had no other means of raising the money at, marine interest ; and when that fact... | |
 | Stewart Rapalje - 1891 - 1262 strani
...made is shown. Clark v. Laidlaw, 39 D. 626. A bond itself is not evidence of the necessity of a loan, nor of the absence of other means of obtaining the...This must be shown aliunde, and otherwise than by the assertion of the master, as he cannot acquire an authority from his own assertion only. Л. Repairs... | |
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Very essentially abridged the practice of such loans. The master cannot hypothecate for a pre-existing debt, and the necessity of the loan must be shown to have existed at the time it was made, and that the master had no other means of raising the money... 