INSURANCE PAY-OUT.
LOSS OF PRESIDENT HOOVER. NEW YORK, Jan. 20. It is reported that the- New York Marine Insurance Syndicate paid 2,500,000 dollars in settlement for the total loss of the President Hoover. .The Federal Inquiry Board exonerated the crew of the liner President Hoover from charges of intoxication. The liner President Hoover (21,936 tons) became wedged on a reef at Hoishoto Island, off Formosa, last December.
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Bibliographic details
Manawatu Standard, Volume LVIII, Issue 45, 21 January 1938, Page 7
Word Count
67INSURANCE PAY-OUT. Manawatu Standard, Volume LVIII, Issue 45, 21 January 1938, Page 7
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