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Updated: May 26, 2025
Nothing short of a reef would break her up." "Ah, well," sighed the shipowner, "the few timbers you have shown me here are the remaining assets out of £300,000." "Was she not insured?" inquired Robert. "No; that is, I have recently adopted a scheme of mutual self-insurance, and the loss falls pro rata on my other vessels." The baronet glanced covertly at Iris.
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