The Dredge No. 1

Citations

• 137 F. 110
• 1905 U.S. Dist. LEXIS 216

Syllabus

<p>Admiralty—Distribution of Proceeds of Vessel—Priority Between Claims.</p> <p>On distribution of the proceeds of a vessel sold in admiralty, one who advanced money to pay off a lien for salvage on said' vessel, under an agreement that he should be subrogated to such lien, helé entitled to priority of payment over claims based on prior personal judgments against the owners.</p> <p>[Ed. Note.—For cases in point, see vol. 43, Cent. Dig. Salvage, § 105.]</p>