THE BARQUE STEPHANO RAZETTO.

Manawatu Standard, Volume XLI, Issue 8300, 3 June 1907, Page 5

THE BARQUE STEPHANO RAZETTO.

COURT PROCEEDINGS. Per .Press Association. DWNEDIN, June 1. _ Three motions in the case of Brodrick and Co. versus the barque Stephano Razetto came before his Honor Mr Justice Williams in Chambers yesterday. It will be remembered that early in this month the Stephano Razetto, an Italian barque, arrived at the Bluff on her outward voyage. She encountered bad weather in the Indian Ocean, and was towed dismasted into Fremantle, Western Australia. In connection with her refitting,' cargo to the amount of £5000 was discharged, for which amount Lloyds' hold bottomry bonds covering the ship, freight and cargo. On her arrival at the Bluff Lloyds' agent went aboard and took possession of the ship. The three motions were for appraisement and sale of the barque, for the removal of goods under arrest, and for the release of goods under arrest. Mr J. Cook, who appeared for the captain of the barque, to oppose the motion for her appraisement and sale, said ho asked that the sale be postponed until there had been an opportunity for examining the ship. He concluded by saying that she would have to be docked and examined at the next port as soon as the cargo was discharged. The effect of an immediate order for sale would mean that the purchaser would not accept a certificate as that of a first-class vessel. Mr Hosking, who appeared for the cargo owners, said it had been agreed upon to get the cargo released from arrest. The sooner the matter was ended the better for all parties. His Honor: When will the cargo be out of the ship? Mr Cook: "They started yesterday, and it should be out in about thirty days." As far as the crew were concerned, they were no longer required, and could be sent back home at any time. There were large arrears of wages, about £1000, but the bottomry bond-holders would not be the only people interested on this account, as the crew under Italian law had to be sent home at the cost of the ship. Mr Hosking asked that the matter stand over until Tuesday to give time for enquiry into the time necessary to get the cargo out and into the necessity for the hull being surveyed. His Honor accordingly ordered the motion for apraisement and sale to stand over until next sittings in Chambers, and granted the motions for removal and release of the cargo from arrest by consent.