Adventure

Sending goods abroad under charge of a supercargo or other agent which are to be disposed of to the best advantage for the benefit of the owners. The goods themselves so sent. It is used synonymously with "perils"; It Is often used by writers to describe the enterprise or voyage as a "marine adventure" insured against; Moores v. Louisville Underwriters, 14 Fed. 233. See Insurance; Bill of Adventure.

In mercantile law. Sending goods abroad under charge of asupercargo or other agent, at the risk of the sender, to be disposed of to the best advantage for the benefit of the owners. The goods themselves so sent. In marine insurance. A very usual word in policies of marine insurance, and everywhere used as synonymous, or nearly so, with "perils." It Is often used by the writers to describe the enterprise or voyage as a "marine adventure" insured against. Moores v. Louisville Underwriters (C. Ct) 14 Fed. 233.

— Adventure, bill of. In mercantile law. A writing signed by a merchant, stating that the property in goods shipped in his name belongs to another, to the adventure or' chance of which the person so named is to stand, with a covenant from the merchant to account to him for the produce.

— Gross adventure. In maritime law. A loan on bottomry. So named because the lender, in case of a loss, or expense incurred for the common safety, must contribute to the gross or general average.

— Joint adventure. A commercial or maritime enterprise undertaken by several persons jointly; a limited partnership,
—not limited in the statutory sense as to the liability of the partners, but as to its scope and duration. Ross v. Willett, 76 Hun, 211, 27 N. Y. Supp. 785.

fr. and eng. A chance or accident, risk or hazard; a thing sent to sea at the risk of the sender, to be sold for his benefit by the supercargo; a thing which a seaman is permitted to carry abroad with a view to a sale for profit.

In mercantile lew. Sending goods abroad under charge of a supercargo or other agent, at the risk of the sender, to be disposed of to the best advantage for the benefit of the owners. The goods themselves so sent. In marine insurance. <A very usual word in policies of marine insurance, and everywhere used as synonymous, or nearly so, Wilh “perils.” It is often used by the writers to describe the enterprise or voyage as a “marine adventure” insured against. 14 Fed. Rep. 233.

io 1. An enterprise of hazard. 1 Lawrence v. Tucker, 33 How. 27 (1859), cases; Jones V. Guaranty, &c. Co., 101 U. S. 636 (1879); Nat. Bank of Genesee v. Whitney, 103 id. 99 (1880). " [Osgood V. Breed's Heirs, 17 Mass. 358 (1881), Parker, C. J. s Yundt's Appeal, 13 Pa. 580 (1850); 89 id. 341. * Wallace v. Eeddick, 119 lU. 166 (1886), Scott, C. J.; Grattan v. Grattan, 18 id. 170 (1856), cases, Skinner, J.; Kintz V. Friday, 4 Dem., N. Y., 548-4.3 (1886), cases. » Chase v. Ewing, 51 Barb. 612 (1868). •Weatherhead i-. Field, 26 Vt. 668 (1S54). ' Wright's Appeal, 89 Pa. 70 (1879). « Comer v. Comer, 119 111. 180 (1886). " Merkel's Appeal, 89 Pa. 343 (1879); Ho Uiday v. Wingfleld, 69 Ga. 208 (1877); Dillman v. Cox, 23 Ind. 442 (1864); Fellows V. Little, 46 Vt. 36 (1865); Clark v. Wilson, 27 Md. 700 (1867); Eshleman's Estate, 74 Pa. 47 (1873); Dunham v. Averill, 45 Conn. 87 (1877); Eickenbacker v. Zimmerman, 10 S. C. 115-16 (1877), cases; 67 Law Times, 261. 3. A partnership for a single transacfion. 3. Goods sent abroad to be disposed of for the benefit of the owner. Also called a marine adventure; and evidenced by a hill of adventure. In marine Insurance, synonymous with "perils." Describes the enterprise or voyage insured against.'

Goods sent to sea at the risk of the sender, to be sold at best advantage by the supercargo.

Fr. and Eng. [from Lat. advenire, to happen.] A chance, or accident. En adventure si; in case. Kelham. See Misadventure. A risk, or hazard; an enterprise, [L. Lat. periclitatio, adventura;] a thing sent to sea, at the risk of the person sending it. Whishaw. Something which a seaman is permitted to carry abroad with a view to sell for profit. Webster.