Tuesday, 12 July 2016

PART OF THE INSURANCE.

Observer (Adelaide) Saturday 25 December, 1909
THE WARATAH.
INSURANCES BEING PAID
The underwriters of the Lund Liner
Waratah are paying £220,000 this week aspart of the insurance 0n the missing vesseland her cargo.
As if the issue is not confusing enough, this period newspaper extract suggests that  £220,000 was only part of the insurance payout.
The 'other part' included payment for the valuable component of cargo ??
see:
http://waratahrevisited.blogspot.com/2016/07/lloyds-paid-out-300000-for-waratah.html

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