STOOMVAART MAATSCHAPPIJ "ZEELAND" v. HORLOCK; HORLOCK v. ISACHSEN.
(1928) 32 Ll L Rep 26
KING'S BENCH DIVISION.
Before Mr. Justice Roche.
Wreck - Contract - Salvage operations undertaken by A - Guarantee given to Trinity House by A to light and mark wreck or in default to reimburse Trinity House cost of so doing or of dispersal-Purchase of week from A by B and from B by C-Indemnity- Subsequent abandonment of salvage operations-Permanent lighting, &c., subsequently undertaken by Trinity House-Liability of A to Trinity House -Whether reasonable to capitalise annual outlay-Rights of A and B to indemnities.