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MERCHANT SHIPPING ACT 1894 - SECT 58 



58. Where any person is beneficially interested, otherwise than by way of
mortgage, in any ship or share in a ship registered in the name of some other
person as owner, the person so interested shall, as well as the registered
owner, be subject to all pecuniary penalties imposed by this or any other Act
on the owners of ships or shares therein, so nevertheless that proceedings may
be taken for the enforcement of any such penalties against both or either of
the aforesaid parties, with or without joining the other of them.

Ship's managing owner or manager to be registered.

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© 1894 Crown Copyright

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