59 F. 615 | S.D.N.Y. | 1893
The whole net proceeds of vessel, cargo and freight amount to $8,336.23. Prom this should be deducted, first, the expenses of bringing the schooner to New York from Southport, N. C., where the salvage service proper was completed. Prom there she was brought by the libelant, at the request and for the benefit of all parties in interest, and the result has been, doubtless. advantageous to all. This expense amounts, as I find, to §2,885.46, after excluding therefrom certain charges incidental to the salvage proper, and also the sum of $1,000, paid to a tug at Southport; for getting the schooner off the bar, where she had grounded in the course of the salvage enterprise. Tins was an expense incident to the risk of the salvage operation, and was, therefore, at the risk of the salvors. This risk, however, is an element which is considered and allowed for in the percentage hereafter given to the salvors, and is covered by that allowance. Deducting the $2,885.46 from $8,336.23, leaves $5,450.77, as the true net proceeds.
The schooner was a derelict; she had drifted in the ocean about 120 miles before she was picked up by the libelant’s steamer
A decree may be entered in accordance herewith.