BARTER-PARTY 587

in, or accidents to, hu}an<i/or machinery, and/or boilers, always
excepted,<even when cloned by the negligence, default, or error
in judgment of the^°^> master, mariners, or other persons
employed by the sK^116?* or for whose acts he is responsible,
not resulting, howeA hi any case from want of due diligence by
the owner of the s|»> or by the ship's husband or manager."

Penalty Gla^e* — This clause specifies the penalty for non-
performance, Tffe usual penalty is proved damages not exceeding
the estimated ^ount of freight,
/is likely to have to discharge into lighters, there
ause specifying on whom the expense of lighterage is
f-party requires a sixpenny stamp to make it legal.
stamp may be used if affixed before signing, and
acelled by the last person signing.
er -party may be stamped with an impressed stamp, after
. upon the following terms H —
Within seven days, on payment of duty and a penalty of
. 6d
After seven days and within one month, on payment of
duty and a penalty of £10
3. A charter-party first executed abroad may be stamped
within ten days after it has been received in the United
/ Kingdom, or before it has been signed by any person to
the United Kingdom.
| The charterers should be notified in writing when
*' the ship is ready to receive cargo,
,} A charter-party only comes into operation when one man or
/ firn? owns a vessel and another man or firm charters her. When
an 'owner or a regular line of steamers send a vessel of their own
qr a voyage, a charter-party, of course, is not required.
* Commission. — The amount payable to a shipbroker when he
is the medium through which the charterers and shipowners are
introduced to each other. It is calculated as a percentage on the
freight payable on the charter-party.
Commission is also a term denoting the amount payable to agents
for transacting ship's business.
Address commission is commission payable at port of discharge.