THE RANGATIRA'S CARGO.

North Otago Times, Volume CIII, Issue 13656, 25 August 1916, Page 2

THE RANGATIRA'S CARGO.

INTERESTING LIABILITY. POINTS^ (Per Press Association,) ' BUNEDIN, August 23;':" * Hie Chamber of Commerce further considered this morning the unique positiniMvhieli Ims arisen'since the landing <>f the wrecked' Kangatira's cargo' at Dnnedm, per Waiwora, in which the shipping company seeks to: collect- a levy (salvage charges) from.consignee's, v amounting to 50 per cent, of the value ' of the goods landed, instead of, as usual, upon invoice value and freight plus'li) per cent. Importers here hold marine' "trance policy is an absolute imlem". ' mt.v to the amount of its face value, and that all charges the consignee "light he compelled to'pay to get possession of goods are payable bv the company to the amount of the policy, The ' insurance companies maintain that'importers are joined with them to the extent of the increased value of the goods, so far as salvage charges are concerned. The chief point is whether the consignee has to become joint insurer for the difference in value. The Chamber will issue a manifesto later, based on legal opinion. '■■•.., For Bronchial Ooughs take • .""■',.•■.• woods' Great Peppermint Outi....