LLOYD'S AGENTS. Persons appointed in all parts of the commercial world, to forward accounts of the arrivals and departures of vessels, or any information interesting to the underwriters.
LLOYD'S LIST. A gazette, published formerly twice a week, but latterly daily, under the superintendence of a committee chosen by the subscribers, and transmitted over the whole world.
LLOYD'S REGISTER. An annual list of British and foreign shipping, ranked by letter and number in different classes.
LLOYD'S SURVEYORS. Practical persons specially appointed in London, and most of the out-ports of the United Kingdom, to investigate the state and condition of merchant-ships for the underwriters.
LOADED-SHELL. A shell filled with lead, to be thrown from a mortar. The term is also used for live-shells.
LOADING-CHAMBER. The paterero, or inserting piece in breech-loading.
LOADING OF A SHIP. See [Cargo] and [Lading].
LOADSMAN. A pilot, or person who conducts into or out of harbours.
LOADSTONE. See [Magnet] and [Dipping-needle].
LOAD WATER-LINE. The draught of water exhibited when the ship is properly loaded; in a word, her proper displacement, not always sufficiently considered.