Bourne v. Maybin. was, and giving a palpably false and exaggerated statement of his expenditures in her behalf, thus making it appear that there was nothing due her, when in fact a large sum was due. Clearly, this is not the case in which the Code intended to relieve the guardian from the liability for interest, and the commissioner was right in charging interest. It remains to pass upon the correctness of the sum found due from Maybin to his ward by the commissioner. "A trustee is bound to keep clear, distinct and accurate accounts. If he does not all presumptions are against him, and all obscurities and doubts are to be taken adversely to him: " Blauvelt v. Ackerman, 23 N. J. Eq., 495. "Trustees cannot use trust moneys in their business, nor embark it in any trade or speculation. If a trustee makes such use of the money he will be responsible for all loss, and he may be compelled to pay the highest rate of interest:" Perry on Trusts, sec. 464. Applying these rules to the case in hand, it is impossible to say that the commissioner has reported too large a sum against the guardian. The estimate made by the commissioner, of the amount which should have been received for the hire of slaves, seems to be supported by the testimony which would have justified a much higher valuation. His estimate of the value of the personal property, other than slaves, which come to the hands of the guardian, and was appropriated by him as his own, is also borne out by the evidence. Besides, the commissioner has allowed the guardian $1,641 more then he should for removing the mortgage incumbrance on the property subject to his life estate, and he has omitted to charge interest against the guardian for the four years of the war. As the guardian had appropriated the trust estate to his own use, and treated it from the beginning of his guardianship as his own, there is no ground for this omission. He is chargeable with interest from the time he appropriates his ward's property until he accounts and pays for it. I do not go into a minute discussion of the evidence on which the commissioner based his conclusions, because his Bourne v. Maybin. report is presumed to be correct until error is made to appear. This has not been done. Even allowing the guardian a credit for the $500 which it is shown he paid towards the maintenance and education of his ward, and interest on this sum, the balance found by the commissioner is too small when his mistake in the amount allowed for satisfying the mortgage on the ward's lands, and his failure to charge interest during the war, are taken into consideration. The amount actually due the petitioner is considerably larger than the amount reported. As the sum reported will more than absorb all the assets of the bankrupt estate, the petitioner does not ask for any modification of the decree. In my judgment, the claim of the petitioner against the bankrupt estate of Maybin, for the amount found due by the district court, is according to law, is sustained by the evidence, and the finding and allowance of the district should be affirmed. Ordered accordingly. INDEX. ABATEMENT. See JURIES AND JURORS, 1. ACTION AT LAW. Where the act of the legislature of Louisiana, approved February 23, 1852, by authority of which the consolidated bonds of the city of New Orleans were issued, declared that a special tax should be annually levied on real estate and slaves, to raise the sum of $650,000, to be applied to the payment of the principal and interest of said bonds, the remedy of the bondholders for the enforcement of the contract contained in said act is at law. Maenhaut o. The City of New Orleans, 1 ADMIRALTY. See CHARTER-PARTY, 1, 2. NOVATION, 2. 1. Steamers and other water-craft navigating the Mississippi river have the right to follow the usual channels. Fawcett v. The Natchez, 16 2. It is incumbent on those who have rafts, barges or other craft moored to the banks, to foresee and provide against accidents liable to be caused by the swell of passing steamers. Ib. 8. Where a vessel is chartered for a voyage for a round sum, the charterer has the right to load the vessel himself, or allow others to do it under the contract with him. In the latter case, the goods placed on board by third persons, under such contract, are liable only for their own freight, and not for the gross sum named in the charter-party. Grand v. The Ibis, 28 4 This rule is not changed by the following clause inserted in the charter-party, viz.: "Bills of lading to be signed when presented, without prejudice to this charter-party." Ib. 5. A tug with two tows descending the Mississippi river caused one of her tows to collide with another tug anchored within 500 feet of the bank, at a place where the river was three-fourths of a mile wide. Held, that these facts, unexplained, throw the fault on the descending tug. Culberg v. The Continental, 32 When a boat is lying at anchor it is not necessary or proper for her to respond to the signals of passing steamers. Ib. 7. Where soda, shipped on board an iron steamship at Liverpool for New 8. Under the local law of Louisiana, claims for materials and supplies 10. The registry of a mortgage on a vessel, to be effectual, must be made 12. Where A had an unrecorded mortgage on a vessel, and B had a mort- 13. The fact that a mortgage on a vessel has not been acknowledged 15. There is no maritime lien for the premium due on a policy of insur- 18. A steamboat was, upon a dark and stormy night, drifting in a helpless 111 19. In such case the degree of judgment and skill should not be weighed 20. One of two part owners of a steamboat which is employed in the car- 21. The part owners may jointly maintain a suit in admiralty to recover Ib. 26. Salvage is a reward for meritorious services in saving property in peril 27. Salvage is awarded in such measure, proportioned to the value of the 28. As a general rule, it is much better for all parties that the apportion- 29. Owners of salving vessels, in making distribution of salvage between 80. If done otherwise, the court will set the distribution aside. Ib. Ib. 81. When the petty officers and crew of a salving vessel, who have sued Ib. 82. A libel in personam, brought by salvors to recover their share of sal- Ib. |