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CABAUD v. FEDERAL INS. CO.

No. 167.

37 F.2d 23 (1930)

CABAUD v. FEDERAL INS. CO.

Circuit Court of Appeals, Second Circuit.

January 6, 1930.

Attorney(s) appearing for the Case

Bigham, Englar, Jones & Houston, of New York City (Oscar R. Houston, of New York City, of counsel), for appellant.

Burlingham Veeder, Fearey, Clark & Hupper, of New York City (John L. Galey and Everett Masten, both of New York City, of counsel), for appellee.

Before L. HAND, SWAN, and MACK, Circuit Judges.

L. HAND, Circuit Judge.

The Ward Line in 1924 was in the hands of a receiver, Francis G. Caffey; it owned, or had possession of, a number of steamers against which claims had been filed, alleged by the claimants to be secured by maritime liens. Among these was the Esperanza, upon which the receiver already had hull insurance for $335,000, and "disbursement" insurance for $165,000, up to her full value. The court directed him to keep "insured in the customary manner...

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