MR. CHIEF JUSTICE STONE delivered the opinion of the Court.
This is a proceeding in admiralty originating in the District Court upon a petition by respondent, as chartered owner of the tank barge "T.N. No. 73," for limitation of liability for damage to petitioner's shipment of molasses resulting from the sinking of the barge in New York harbor.
Petitioner, the sole claimant in the limitation proceeding, filed, in behalf of the insurer, its claim for loss of...
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