Talk:Hunt v. Rousmaniere

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Edition:	Hunt v. Rousmaniere, a bill on the Chancery side of the Circuit Court of the United States, for the district of Rhode Island, setting forth, that, in January 1820, Lewis Rousmaniere obtained from him two loans of money, amounting, together, to 2150 dollars; and, at the time the first loan was made, Rousmaniere offered to give, in addition to his notes, a bill of sale, or mortgage of his interest, in the brig Nereus, then at sea, as a collateral security for the repayment of the money A few days after the delivery of the first note, dated 11th of January 1820, he executed a power of attorney, authorizing the plaintiff to make and execute a bill of sale, of three-fourths of the Nereus, to himself, or to any other person; and in the event of the loss of the vessel, to collect the money which should become due, on a policy, by which the vessel and freight were insured In the power of attorney it was recited, that it was given as collateral security for the payment of the notes, and was to be void on their payment; on the failure of which, the plaintiff was to pay the amount and all expenses, and to return the residue to Rousmaniere On the 21st of March 1821, an additional sum of 700 dollars was loaned, for which a note was taken, and similar power of attorney given, to sell his interest in the schooner Industry; this vessel being also still at sea .
Source:	Hunt v. Rousmaniere from http://bulk.resource.org/courts.gov/c/US/26
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