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Updated: May 18, 2025
The Pacific Shipping Company had made a bare-boat charter from the Blue Star Navigation Company, and had then made a similar charter to Morrow & Company; consequently the Pacific Shipping Company would repudiate payment, and, as president and principal stockholder of that company, I took it on myself to repudiate any responsibility then and there.
Matt named a figure considerably in advance of what he expected to receive and stipulated a bare-boat charter that is to say, Kelton's company should pay the entire cost of operating the vessel, and select her crew and officers with the exception of the captain and chief engineer, it being customary among many owners, when chartering a vessel, to stipulate that their own captain, in whom they have confidence, shall command her.
What is the Tillicum going to cost me a day?" "What kind of charter do you want government form or bare boat?" "You might give me an option with a price based on each form. I haven't the slightest idea what form my prospective victim prefers, though I prefer a bare-boat charter. I will close with you on whatever basis he prefers, if that is satisfactory."
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