CAPT. J. A. CATES TUG & WHARFAGE COMPANY, LTD. v. THE FRANKLIN FIRE INSURANCE COMPANY OF PHILADELPHIA, PENNSYLVANIA.

(1927) 28 Ll.L.Rep. 161

JUDICIAL COMMITTEE OFTHE PRIVY COUNCIL.

Before Viscount Haldane, Viscount Sumner, Lord Shaw, Lord Merrivale and Lord Warrington.

Marine insurance-Total loss (actual or constructive) or partial loss-Vessel sunk in Vancouver Harbour-Notice of abandonment given-Wreck raised by salving company employed by insurance company - Preliminary negotiations between salving company and insurance company regarding purchase by salvors -Whether binding acceptance of abandonment -Likelihood of salvage-Lord Halsbury's observations in the Blairmore, [1898] A.C. at p. 597, explained -Marine Insurance Act, 1906, Sect. 60 (2).