Effect of abandonment
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 10 U.S. 268 - The Chesapeake Insurance Company v. Stark · 1810Most cited · 40 citing opinions
If the abandonment was legal, it put the underwriters completely in the place of the assured, and Parker became their agent. When he contracts on behalf of the owners of the goods, he contracts on behalf of the underwriters, who have become owners, not on behalf of Stark, who has ceased to be one.