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Annex II. Outline of a Proposed Convention, regarding Maritime Mortgages and Privileged Liens, as Submitted to the Examination of the Governments Concerned

Published online by Cambridge University Press:  04 May 2017

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Type
Annexes to the Proces-Verbal of the Tenth Plenary Session of the Third International Conference on Maritime Law
Information
American Journal of International Law , Volume 4 , Issue S2: Supplement Official Documents , April 1910 , pp. 118 - 121
Copyright
Copyright © American Society of International Law 1910

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References

1 Certain objections have been made to the words underscored, it having been recognized that 1) questions of procedure and 2) sovereign rights in case of contraband war, prizes, etc., are not affected by the provisions.

2 The closing protocol would contain the following provisions: It is understood that the legislation of each nation shall retain the privilege of granting, to the authorities of the nation or to other public authorities who have caused a hulk or other objects obstructing navigation to be removed, the right to sell these objects and to compensate themselves, from the proceeds of the sale, for the expenses of removal in preference to other creditors. It is likewise understood that the national legislation retains the right to grant a privileged lien to public insurance institutions for claims arising from the insurance of the personnel of the vessels.