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Indemnity Agreement regarding Lost Bill of Lading
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					                 Indemnity Agreement regarding Lost Bill of Lading

Indemnity agreement made (date) between (Name of Claimant), of (street address, city,
state, zip code), hereinafter called Claimant, in favor of (Name of Carrier), of (street
address, city, state, zip code), hereinafter called Carrier.

For and in consideration of delivery to it of the shipment described below, without
surrender of the original bill of lading covering the same, (Name of Claimant) agrees to
indemnify (Name of Carrier) and any other interested carriers, if any, from any and all
lawful claims that may be made against (Name of Carrier) or such other carriers arising
out of the shipment, and will pay to (Name of Carrier) or such other carriers all losses,
damages, costs, counsel fees, or other expenses that (Name of Carrier) or such other
carriers may suffer or pay by reason of the delivery.

				
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posted:12/27/2012
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Description: A bill of lading is a receipt given by a shipper of goods from the carrier, such as a trucking company, railroad, ship or air freighter, for shipment to a particular buyer. It is a contract protecting the shipper by guaranteeing payment and ensures the carrier that the recipient has proof of the right to the goods. The bill of lading is then sent to the buyer by the shipper upon payment for the goods, and constitutes proof that the recipient is entitled to the goods when received.
PARTNER William Glover
I received my B.B.A. from the University of Mississippi in 1973 and my J.D. from the University of Mississippi School of Law in 1976. I joined the firm of Wells Marble & Hurst in May 1976 as an Associate and became a Partner in 1979. While at Wells, I supervised all major real estate commercial loan transactions as well as major employment law cases. My practice also involved estate administration and general commercial law. I joined the faculty of Belhaven College, in Jackson, MS, in 1996 as Assistant Professor of Business Administration and College Attorney. While at Belhaven I taught Business Law and Business Ethics in the BBA and MBA programs; Judicial Process and Constitutional Law History for Political Science Department); and Sports Law for the Department of Sports Administration. I am now on the staff of US Legal Forms, Inc., and drafts forms, legal digests, and legal summaries. I am a LTC and was Staff Judge Advocate for the Mississippi State Guard from 2004-2008. I now serve as the Commanding Officer of the 220th MP BN at Camp McCain near Grenada, MS. I served on active duty during Hurricanes Dennis (July, 2005), Katrina (August, 2005) and Gustav in 2008. I played football at the University of Mississippi in 1969-1971 under Coach John Vaught. I am the author of the Sports Law Book (For Coaches and Administrators) and the Sports Law Handbook for Coaches and Administrators (with Legal Forms),