582 NICHOLLS~S SEAMANSHIP AND KAUTICAL KNOWLEDGE
payable by each party. The appointment of the average adjuster
lies with the shipowner or master.
Average Bond.—This is an agreement between the master of
a vessel and the consignees of the cargo, whereby they agree to pay
to the master their respective proportion of the average when
adjusted. The shipowner is entitled to require a deposit in advance,
in addition to, or in place of the Average Bond.
Whenever a case of General Average arises, the master should
get the Average Bond signed before delivering up the cargo, or see
that proper security for the payment is obtained from the
consignees.
Barratry.—Any illegal or fraudulent act wilfully committed
by the master or any member of the crew to the prejudice of the
shipowner. ,Examples—Smuggling without consent of owners;
fraudulent dealing with ship and cargo ; wilful resistance to a right
of search ; wilful breach *of blockade ; sailing from a port without
leave in breach of an embargo.
B. B.—A certificate issued at the shipping office certifying that
the master has deposited his "Articles" and Official Log Book with
the Superintendent; has accounted for the whole of his crew;
and, if any of the seamen have died, that he has settled the accounts
for their wages and effects. The B.B. must be produced to the
Customs Officer when the ship is cleared inwards.
Bill of Exchange.—A bill of exchange is an unconditional order
in writing, addressed by one person or firm to another, requiring
them to pay a certain sum of money to a person named on the
bill, or to bearer. The bill may be made payable on demand, or at
a certain number of days after sight.
(SPECIMEN.)
No. 9515. The Bank of London,
London, April 28, 1936.
Sixty days after sight of this First of Exchange (second and
third of same tenor and date being unpaid), pay to the order of
B. S. & F. two hundred pounds sterling value received.
For the Bank of London,
J. R. SMITH, Manager.
To the Bank of Adelaide,
Adelaide, S. A.