Memorandum Clause
A Dictionary of Law · Henry Campbell Black · 1891
A Dictionary of Law
Ina policy of marine insurance the memorandum elause is a clause inserted to prevent the underwriters from being liabie for injury to goods of a peculiarly perishable nature, and for minor damages. It begins as follows: “N. B. Corn, fish, salt, fruit, flour, and that the underwriters are not to be liable for damage to these articles caused by sea- water or the like.
Maude & P, Shipp. 371; Sweet.