What is RESPONDENTIA

The hypothecation of the cargo or goods on board a ship as se- curity for the repayment of a loan, the term “bottomry” being confined to hypothecations of the ship herself; but now the term ” respondentia ” is seldom used, and the expression “bottomry” is generally employed, whether the vessel or her cargo or both be the security. Maude & P. Shipp. 433; Smith, Merc. Law, 410. See Maitland v. The Atlantic, 10 Fed. Cas. 522. Respondentia is a contract by which a RESPONDERA SON SOVERAIGNE 1029