A System Of The Law Of Marine Insurances

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1799 edition. Excerpt: ... introduction. txt hen we consider the wonderful effects which commerce has produced on the manners of men, when we observe that it tends to wear off those prejudices which give birth to dissensions and animosities, that it unites mankind by the strongest of all ties, the desire of supplying mutual wants; and that it disposes them to peace and concord, by establishing in every community an order of men, whose interest it is to preserve public tranquillity; we are led to think that the history and progress of it would not only be amusing, but highly important and instructive to the inhabitants of eveTy civilized society. Such a work would be in fact the history of the intercourse and communication of mankind, and must necessarily abound in events the most interesting to every social being, but particularly so to the people of this country, whose great importance in the eyes of Europe originated in commerce, and will endure no longer than whilst the fame attention continues to be paid to her commercial interests. In a dissertation upon commerce, Insurances form a very distinguished part, and therefore it cannot but be agreeable to the scholar as well as to the lawyer, to trace this branch, of commercial law to its source, and to give some account of those various nations, which have been rendered famous by the extent of their comfnerce, and by the excellency of their maritime regulations. regulations. Indeed, in tracing the origin of In surances, an account of the maritime states that have existed in the world, necessarily forms a part of the inquiry. a Blackst. Insurance then is a contract by which the insures Comm. 458. undertakes, in consideration of a premium equivai lent to the hazard run;, to indemnify the person insured against...

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