Magid v. Compagnie Generale Transatlantique
This text of 233 A.D. 515 (Magid v. Compagnie Generale Transatlantique) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
We think that the plaintiffs should have had judgment for the market value of the shipment at New York for failure of delivery here. The limitation of liability in clause 11 of the bill of lading does not give the shipper a “ choice of rates ” under the ruling in Straus & Co. v. Canadian Pac. R. (254 N. Y. 407). Declaring a larger value than the limited sum would give no more right to damage for market value than negligence in shipment would bring in any event. Hence there is no consideration for the promise to take less under the limitation.
The judgment should be reversed, with costs, and judgment directed for plaintiffs for the market value as stipulated, with costs.
Finch, P. J., Merrell, Martin and Sherman, JJ., concur.
Judgment reversed, with costs, and judgment directed for plaintiffs for the market value as stipulated, with costs.
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Cite This Page — Counsel Stack
233 A.D. 515, 254 N.Y.S. 1, 1931 N.Y. App. Div. LEXIS 11349, Counsel Stack Legal Research, https://law.counselstack.com/opinion/magid-v-compagnie-generale-transatlantique-nyappdiv-1931.