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DREYFUS v. MARINE TRANSIT CORPORATION

54 F.2d 86 (1930)

DREYFUS et al. v. MARINE TRANSIT CORPORATION et al.

District Court, S. D. New York.

February 27, 1930.

Attorney(s) appearing for the Case

Otto & Lyon, of New York City, for libelant.

Macklin, Brown, Lenahan & Speer, of New York City, for respondent.

CAFFEY, District Judge.

In consequence of the proceeding being in rem, libelant would have been entitled to have the tug arrested and held as security for the cause of action alleged in the libel. The stipulation for value stands in the place of the tug as security, and is subject to the authority of the court that would be applicable to the tug if it were now in custody. United States v. Ames, 99 U.S. 35, 36, 25 L.Ed. 295. By force...

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