After a Royal Navy prize had been confirmed a capture by the Vice Admiralty court and sold at auction, the proceeds would be distributed to the officers and crew of the capturing vessel. A share of the proceeds also went to the merchants who acted as ship’s agent.
Date: 1813
Reference: Nova Scotia Archives Newspapers: Royal Gazette 13 October 1813 page 3
Nova Scotia Archives — https://archives.novascotia.ca/Privateers/archives/?ID=75
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