Reports of Commercial Cases Volume 13-14

Reports of Commercial Cases Volume 13-14

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1908 edition. Excerpt: ...the rigour of interpretation in some commercial documents must be proportioned to the importance of the stipulation to be construed. There is only one standard of construction. except where words have acquired a special conventional PAGE 136 235 PAGE meaning--namely, what do the words mean on a fair reading, having regard to the whole document? THE Nelson LINE (Lrvrznroon) (Lnurrrzn) v. JAMES Nsrsox AND Sons (LIMITED). 101 i-------Time cluu'tcr--Hiring /or six months--Payment for lust hal--month to be " estimated and paid in advance up to such ti-me as steunier is expected to here-rlelivm'e(l." Bya charter-party, t-he plaintifls agreed to let and the defendants to hire the plaintilfs' steamship for the term of six calendar months on certain conditions. Among these conditions were the following: --" The charterers shall pay for the use and hire of the said vessel at the rate of 675 per czilenrlar month... and at and after the same rate for any part of a month; hire to continue from the time specified for terminating the charter, until her re-delivery to owners at a port in the United Kingdom.... That the payment of hire shall be made as follows: --half-monthly in advance in London except for the last half-month, which time to be estimated and paid in advance up to such time as steamer is expected to be redelivered." The charterers had the option of continuing the charter for two further periods of six calendar months. The charterers contended that they were entitled to re-deliver the vessel during the currc-nc_v of the last halt-month, and that on doing so they were only liable for a proportionate part of the last half-month's hire. Held, that the clause as to the mode of payment of hire did not alter more

Product details

  • Paperback | 240 pages
  • 189 x 246 x 13mm | 435g
  • United States
  • English
  • black & white illustrations
  • 1236800508
  • 9781236800503