A clause sometimes inserted in policies of marine insurance, to the efTect that “if, on a regular survey, the ship shall be declared unseaworthy by reason of being rotten or unsound,” the insurers shall be discharged. 1 Phil. Ins. § 849. See Steinmetz v. United States Ins. Co., 2 Serg. & R. (Pa.) 296
Source: Black’s Law Dictionary 2nd Ed (1910)
