The Schooner Exchange v. M'Faddon, 11 U.S. 116 is a United States Supreme Court case. The Schooner Exchange, owned by John M'Faddon and William Greetham, sailed from Baltimore, Maryland, on October 27, 1809, for St. Sebastians, Spain. On December 30, 1810, the Exchange was seized by order of Napoleon Bonaparte. The Exchange was then armed and commissioned as a public vessel of the French government under the name of Balaou.
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