2018.416.2779_1 No.1230 BY THE LEXINGTON FIRE, LIFE & MARINE INSURANCE COMPANY THIS POLICY OF INSURANCE WITNESSETH That the President and Directors of the LEXINGTON FIRE, LIFE AND MARINE INSURANCE COMPANY in the City of Lexington, Kentucky, do by these Presents cause Wm P. Pnoble, to be insured, lost or not lost, Hifteen Hundred Dollars on Ychoouer Gulma, for Yey months from October 26.1850 at noon bessel valued at -$00000 Sum Insured $15000 whereof is Master for this present voyage, or whosoever else shall be Master in the said vessel or by whatsoever other name or names the said vessel, or master thereof, is or shall be named or called: beginning the adventure upon the said Ichooner as aforesaid, and to continue during the voyage aforesaid, on the vessel until she shall be arrived and moored at anchor twenty. four hours in safety, and on the property until landed. And it shall be lawful for the said vessel, in her voyage, to proceed and sail to, touch and stay at, any ports or places, if thereunto obliged by stress of weather, or other unavoidable accidents, without prejudice to this insurance. Touching the adventures and perils which the said Insurance Company are contented to bear, and take upon them in this voyage, they are. of the Vessel Valued at Seas, Fire, Enemies, Pirates, assailing Thieves, Restraints and Detainments of all Kings, Princes, or People, of whatever nation or quality socver, Barratry of the Master the insured be owner of the vessel, and of Marines, and all other losses and misfortunes, which have, or shall, come to the damage of the $ 3000c said. Schooner or any part thereof. to which insurers are liable by the rules and customs of insurance in Boston: provided, that the Insurers shall not be liable for any partial loss on Hemp and Flax, unless the loss amount to twenty per cent. on the whole aggregate value of such articles: nor for any partial loss on Sugar. Flax Seed, Bread, Tobacco and Rice, unless the loss amount to seven per cent. on the whole aggregate value of Including Premium. such articles; nor for any partial loss on Salt, Grain, Fish, Fruit, Hides, Skins, or other goods that are esteemed perishable in their own nature. unless it amount to seven per cent. on the whole aggregate value of such articles, and happen by stranding: nor for any partial loss on other goods, or on the vessel. or freight. unless it amount to five per cent., exclusive, in each case, of all charges and expenses incurred for the purpose of ascertaining and proving the loss; but the owners of such goods shall recover on a general average. And in case of any loss or misfortune, it shall be lawful for the insured. his factors, servants, and assigns, to sue. labor, and travel for, in and about the defence. safeguard and recovery of the said or any part thereof, without prejudice to this insurance, to the charges whereof the said Insurance Company will contribute, in proportion as the sum insured is to the whole sum at risk. And 80 the President and Directors aforesaid, are contentedand do hereby bind the capital stock and other common property of the said Insurance Company, to the insured this executors, administrators, and assigns, for the true performance of the premises, Freight Valued at confessing themselves paid the consideration due unto them for this insurance, by the insured, at and after the rate of $ Including Premium 6% And it is hereby agreed, that if the insured shall have made any other insurance upon the aforesaid. prior to the date of this Policy, then the said Insurance Company shall be answerable only. for so much as the amount of such prior insurance Schoouer may be deficient towards fully covering the property at risk, whether for the whole voyage. or from one port of landing or discharge to another: and the said L Insurance Company shall return the premium, or a ratable part thereof. upon so much of the sum by them insured, or for such part of eveyage as they shall be exonerated from by Avoidad that no return premium shall be made for any passage, whereon the risk has once commenced And in case of any insurance upon the said coow whether it be for the whole or part of the voyage subsequent in date to this Amount of policy, the said Insurance Company shall nevertheless be answerable 10 the full extent of the sum by them herein insured, without right to claim contribu- Premium, 90.00 tion from such subsequent insurers; and shall be entitled to retain the premium by them received. in the same manner, as if no such subsequent insurance Policy, had been made. And in case of loss, such loss shall be paid in sixty days after proof and adjustment thereof. the amount of the premium note, if unpaid: 1.00 and all sums due to the Company. from the insured. when such loss becomes due, being first deducted. and all sums eoming due being first paid or secured to the satisfaction of the said President and Directors. they discounting interest for anticipating payment on notes not due. IT IS ALSO AGREED, that, in case $91.00 of capture or detention. the insured shall not have the right to abandon therefor, until proof is exhibited of condemnation, or of the continuation of the detention (by capture or other arrest) for at least ninety days; and that the insured shall not abandon in conrequence of the port of destination being blockaded. but the vessel shall, in such case, have liberty to proceed to another port not blocaded. and there end the voyage, or wait a reasonable time for the blockade of the original port of destination to be raised and that the acts of the insured or insurers in recovering, saving, and preserving the property insured in case of disaster, shall not be considered a waiver or acceptance of an abandonment. If there be any IT IS ALSO AGREED. That the insurers shall not be answerable for any charge, damage. or loss. which may arise in consequence of seizure or detention, Lime on board, 50 for, or on account of. illicit or prohibited trade. or trade in articles contraband of war: but the judgment of a foreign consular, or colonial court, shall not per cent. will be ad- be conclusive upon the parties, as to the fact of there having been articles contraband of war on board. or as to the fact of an attempt to trade in violation of the laws of nations. Ir IS ALSO AGREED. That this Policy shall be void in care of its being assigned, transferred, or pledged without the previous consent ded to the premium (in writing) of the insurers. IT IS ALSO AGREED. That the insured shall not have the right to abandon the vessel for the amount of damage merely, unless for the passage. the amount which the insurers would be liable to pay, under an adjustment as of partial loss, shall exceed half the amount insured; and in case of a total loss of the versel with salvage, the amount allowed out of the salvage to the officers and crew. for wages earned, or services rendered previously to the loss Partial loss is ex. shall be considered as so much of the salvage applied to the use of the ship owners, even although the same should be allowed or paid under the name of cepted on Sheet Iron, salvage. and not as wages, and shall accordingly be deducted in adjusting the loss. IT IS FURTHER AGREED. That if any dispute shall arise, relating to a Iron Wire, Brazier's loss on this Policy. it shall be submitted to the judgment and determination of arbitrators mutually chosen, whose award in writing shall be conclusive and Rods, Iron Hoops and binding on all parties. Tin Plates. The Company are not liable for wages or provisions, except in general average. In witness whereof, The President of the said LEXINGTON FIRE, LIFE AND MARINE INSURANCE COMPANY hath hereunto Not liable for any expenses on Copper or subscribed his name, and caused the same to be countersigned by their Secretary at their office in Lexington, this 30 other Sheathing after months. BY Not to take effect until countersigned one by thousand D. Dening eight hundred and fifty keep Agent., Iriland President. day of October it has been on thirty Not liable for wet or exposure on deck. It is agreed that the Secretary. allowance for leakage & difference of guage Countersigned at Portland, in the State of Maine, on molasses from the the 300 day of October 1850 West Indies shall be Nothing Deering Abjent. 15 per cent.