GRAHAM JOINT STOCK SHIPPING CO., LTD., v. MERCHANTS' MARINE INSURANCE CO.

(1922) 13 Ll L Rep 509

COURT OF APPEAL.

Before Lord Justice Bankes, Lord Justice Scrutton and Mr. Justice Eve.

Marine Insurance-Loss-Ship scuttled with Privity of Owner-Finding of Scuttling not appealed against-Claim by Mortgagees -Whether Defence of Scuttling also good against Mortgagees-Whether Scuttling a Peril of the Seas - Insurable Interest of Mortgagees - Mortgagors under Contract to Insure with Benefit to Mortgagees-Whether Mortgagees Parties to Contract of Insurance or Assignees of Policy.

[The "Ioanna."]