APPENDIX D.-MISCELLANEOUS,
263
4. Your representative at Alexandria and other places is to advise us by mail of the approximate value and nature of the cargo taken ashore, and the names and particulars of the warehouses into which it is placed. (For this purpose we shall supply you with the necessary forms, and hope to have them ready to forward by next week's mail.)
5. The rates will be as under :—
Up to ten days
31
fifteen days
twenty days
one month
two months
three months
91
four months
11
five months
JP
six months
""
seven months
1)
eight months
"1
nine months
"1
ten months
31
eleven months
twelve months
28. per cent. 38.
91
3s.
"
48.
31
6s.
31
88.
17
10s.
>
125.
148.
158.
"
168.
"
178.
"
208.
208.
"
208.
"
PUBLIC RECORD OFFICE
Reference :-
C.O. 885
24 PUBLIC RECORD OFFICE, LONDON
ALLY WITHOUT PERMISSION OF THE COPYRIGHT PHOTOGRAPH-NOT TO BE REPRODUCED PHOTOGRAPHIC-
Over twelve months, pro rata on basis of 20s. per cent. per annum.
6. When a cargo is released it will be necessary for your representative to collect the premium on the basis of the above rates, and he will ascertain from the receiver of the cargo the value for which it has been insured under the marine policy, and deduct from such value 10 per cent., charging the premium on the net amount, e.g.,
The value in the marine policy is A cargo is released on the 16th March. £1,620, which, less 10 per cent., is £1,458. The premium charged will be £1,458 at 6s. per cent., the period from noon on 27th January to 16th March being over one month and less than two months.
If such value cannot be obtained, then the amount for which the Insurance Companies have been at risk will be adjusted in London, and for this purpose your representative will provide an estimate of the value of the cargo, and give briefly some explanation of how he arrives at that estimate.
7. In the event of a fire your representative will advise you by cable, so that prompt action may be taken to protect the interests of all concerned.
8. If it is found at the time of the release of the cargo that the receiver has effected an insurance which would have protected the interests of the Prize Court, the Companies agree that, on production of satisfactory evidence to this effect, the premium for such cargo shall not be charged, but your representative must satisfy himself that had the cargo been burnt the claim would have been paid under the This concession on the part of the Companies is policy arranged by the receiver. granted in order to avoid detail involved in cases of double insurance.
(The production of the policy or a Company's official receipt can alone be accepted as satisfactory evidence.)
9. It is necessary for your representative to arrange, as far as possible, for any existing insurances to be cancelled forthwith, and that no fresh insurances are effected locally, so that everything can be insured under the one cover, and thus no question of double insurance can arise.
We think we have covered everything discussed between us under the above headings. It might be well, as a check of the veracity of the receiver of cargo, if your representative gave the number of the policy, or receipt, with the name of the Company, in those cases referred to under Clause 8.
We are, &c.,
GLANVILL, ENTHOVEN AND COMPANY.
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