
      The charterer of any vessel, in case he shall man, victual, and
    navigate such vessel at his own expense, or by his own procurement,
    shall be deemed the owner of such vessel within the meaning of the
    provisions of title 48 of the Revised Statutes relating to the
    limitation of the liability of the owners of vessels; and such
    vessel, when so chartered, shall be liable in the same manner as if
    navigated by the owner thereof.

Last modified: April 20, 2006