AWARD OF THE FISHERY COMMISSION. .'1451 



same year, G per cent. ; from February 1st to November 3()th of the 

 same year, 6 per cent.; from March 1st to November 30th of the same 

 year, 5 per cent.; from April 1st to November 30th of the same year, 

 5 per cent.; from May loth to November 30th of the same year, 44 per 

 cent; from July 1st to November 30th of the same year, 4 per "cent. 

 Two and one-half per cent, extra on the amount insured to be added to 

 the premium of any vessel employed in the Greenland fisheries, or any 

 business east of Flemish Cap or the forty-fifth degree of longitude; one 

 per cent, for any vessel sailing on a voyage to Newfoundland, between 

 the 16th of November, 187G, and the 1st of March, 1877; one-half of one 

 per cent, to be added if employed in the Bay of Island fisheries on or 

 after October 1st next, at 12 o'clock, noon ; one-half of one per cent, to 

 be added for any vessel engaged in the Georges fishery or any fisheries 

 north and east of Georges which has not arrived in Gloucester harbor 

 on or before October 15tb, at 12 o'clock, noon ; or for any vessel sailing 

 on a voyage to Georges or any fishing grounds north or east of Georges, 

 between October 15th and November lath; and one-half of one per cent, 

 extra premium on any vessel sailing on a voyage or employed in any 

 business easterly from Cape Sable, between October 31st and November 

 15th, at 12 o'clock, noon. And upon all risks not above provided for, 

 the Directors shall have power to fix equitable rates for extra premiums 

 to be charged and paid by the insured. 



No vessel shall sail from the harbor of Gloucester on or after the fif- 

 teenth day of November next, at noon, at the risk of this Company. A 

 vessel so sailing is not insured under this Policy. The Policy of any 

 vessel not having arrived from the voyage she then is on, NoveinbeY 

 30th, at 12 o'clock, noon, shall be continued until her arrival, a premium 

 at the rate of one and one-half per cent per month, to be paid by the 

 insured for such extension. 



Whenever the Directors shall require it, a survey shall be called upon 

 any vessel receiving damages supposed sufficient to entitle them to re- 

 pairs by the Company, and such repairs, when ordered by said survey, 

 shall be made as such survey shall direct, and be done in a faithful and 

 workman-like manner, one-third to be "deducted for new in the adjust- 

 ment of the loss. 



And so the President and Directors aforesaid are contented, and do 

 hereby bind the property of the said Insurance Company, to be insured, 

 executors, administrators, and assigns, for the true per- 

 formance of the premises, confessing themselves paid the consideration 

 due unto them for this insurance by the insured, at and after the rate 

 of per ceut. for the term, with any extra premium above provided 



for, and in case a further amount shall be required to pay losses, ill 

 excess of said premium and extras, all such sums as may be levied on 

 the premiums earned to pay such excess of losses. 



IN WITNESS WHEREOF, the President hath signed, and the Secretary 

 hath countersigned, at Gloucester, this day of one thou- 

 sand eight hundred and seventy . 



GEORGE STEELE, 



Secretary. 



