They had the authority to use bottomry bonds and respondentia bonds to clear off charges against the ship. |
The agreement or contract of bottomry is embodied in a bottomry bond. |
The bottomry contract in Denmark, Sweden, and the north of Germany. |
Loans of this character have ever since been common in maritime lands, under the name of bottomry and respondentia bonds. |
Would you have men oratorical over a bottomry bond, Demosthenic about an action of trespass on the case, or a rule to compute? |
A bottomry bond gives no remedy to the lenders against the owners of the ship or cargo personally. |