86
[The Adjustment of General Average per "Koombana" S.S., on a voyage to north west ports of Western Australia, insurance calculation and apportionment following grounding of Koombana at Shark Bay in March 1909, Holmes & Neill, Average Adjusters, Sydney, 18 July 1910. Battye Library Archives, 2216A, includes itemisation of cargo losses]
...
Steamer's Declared Value £100,000
37,500 Insured with the
South British Insurance Company Limited Adelaide Policy No. 2/53612 pays £ 838.18. 8
37,500 Union Insurance Society of Canton Limited Adelaide Policy No. 8/1797 pays £ 838.18. 8
25,000 Remainder £ 559. 5. 9
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£100,000 (Copies of Policies before us) £2,237. 3. 1
notes:
These figures appear with the insurance calculation and apportionment following the Shark Bay grounding.
The insured value of £100,000 is confirmed in other company papers.
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