The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-02-18
THE GENEVA AWARD.

THE DISTRIBUTION OF THE PART REMAINING
AFTER THE PAYMENT OF CLAIMS NOW PEND
ING
WASHINGTON, Feb. II, 1876.
The Judiciary Committee to-day through Represen-
ative Frye reported bill in relation to the dstrbu-
ton OF the remaining part Of the Geneva award after
the claims pending shall be satisfied The bill
to apply first such persons and corporations whose
claims shall be allowed by the Court of Commits
sioners OF Alabama Claims account Of losses
directly resulting from damage caused by the So
called insurgent cruisers, Boston, Chickamauga,
Georgia, jefferson Davis, Music v. Fl. Joy, Nash
ville Retributon,. sae, Sumter and Tallahassee,
respectively, and by the socaed insurgent cruiser
Shenandoah previous her departure from Melbourne.
Claims are required to be presented within six months
No claim shall be admissible allowed for any loss
damage for or In respect TO which the party injured
his assigns legal representatives, shall have received
compensation or indemnity from any insurance CON-
pany, insurer otherwise but II such compensation
indemnity received shall not have been equal 70
the loss damage actually suffered, allowance may
be made for the difference and in no case shall any
claim for damage be allowed for or in respect to
unearned reghs gross reights prospective profits Of
freights gains advantages, for wages Of officers
or seamen. for q longer time than one year next
after the breaking OF the voyage by the acts aore
said and no claim shall be admissible or allowed by
the Court arising in favor Of any person not entitled
the time of his loss to the protection OF the United
States in the premises nor arising in favor OF any
person who did not at oil times during the late
beion bear true allegiance to the United StateA In
estimating the compensation to claimants interest shall
be allowed the rate of four per cent per annum.
Second--To all corporations and citizens OF the
United States who paid premium for risks
vessesand cargoes or other property the ren after
the sailing Of either Of the cruisers above named, 10
the amount Of such extra premiums paid
by them, whether they suffered loss by capsure OF
their vessels and property or otherwise, provided
that in OF such premiums paid secured to
tual insurance companies the indemnity shall be the
difference between the premium paid secured and
the returned security or premium or scrip received
account of the same, II said returned security or
premium scrip shall have been paid, or redeemed
by the corporation persons issuing the same
Third-To all insurers, being citizens corporations
Of the United States respectively for insured rein
sured property destroyed by ofthe nsurgent
ers named OF June %, 1874 and IN the IN
amendment thereto for the losses actually paid by said
citizens or corporations account of risks pro-
vided however that there shall be deducted from the
amount Of losses paid by such citizens corpora
the amount Of any judgment exclusive Of inter
est which may have been rendered In favor OF any
Insurers conformity with the provisions Of the
twelfth section OF said act Of June %, 1874
II the sum OF all tho judgments rendered upon the
first class shall exceed the amount remaining the
Treasury then proportonate payment shall be made
10 the claimants. II any money remain after paying
the hrst class and there not sufficient money pay
them in full pro rata distribution shall be made; and
If any money shall remain after paying the hrst and
second classes then shall be paid to the third class
like manner