such damages from the price of the vessel.
3—That the builder shall be paid by the owner a certain sum on the signing of the agreement, a further sum when the yacht shall be in frame, yet another sum when the yacht is timbered and planked, and the final payment when the yacht is completed to the satisfaction of the designer and surveyor, and delivered to the owner ready for sea.
4—All damage to the yacht, through fire or any other cause whatever, previous to her delivery to the owner, shall be made good by and at the expense of the builder, and to the satisfaction of the designer.
The specification should fully set forth the dimensions of the yacht and the material to be used in her construction. As an example I append the general specifications of the Uncas, one of the three one-design 46-foot schooners designed by Mr. A. Cary Smith in 1898:
General Dimensions.—Length over all, 64ft. 2in.;
length on l.w.l., 46ft.; beam, extreme, 16ft.; draft without
board, 6ft. 6in.; least freeboard, 3ft. Specifications:
Keel, white oak, molded, 5-1/2in.; stem, white oak, sided,
4-1/2in.; sternpost, white oak, sided, 5in.; frames, hackmatack,
double, sided 2in., molded at keel 3-1/2in., at
planksheer 2-1/4in.; floors, sided 2-1/2 right and left; trunk
log, sided 6in. and molded 10in., bolted with 5/8 galvanized
iron; sides of trunk, yellow pine and white
pine, 2x8in., bolted with 5/8 galvanized bolts; centerboard,
oak and yellow pine, bolted with 5/8 galvanized
iron; pin and hanging to be of brass; ballast to be of
lead furnished by owner, 20,000 lbs. in all, 18,000 on
keel bolted with 3/4in Muntz metal bolts, 25 in number;
planking of yellow pine, spike fastened; clamps, yellow
pine, 2 in number, 1-1/2x6in.; shelf, same, 5x2 in., worked
to shape, 1 through bolt on each frame; bilge strakes,
yellow pine, 3 on a side, 1-1/2x6in.; ceiling, only where
cabin work calls for it, 3/4in. pine; deck beams, white