EXHIBIT V.

State of California, City and County of San Francisco, ss:

A. P. Lorentzen, of the city and county of San Francisco, State of California, being first duly sworn, deposes and says: That for a period of about ten years he was the managing owner of the sealing schooners Alexander, E. E. Webster, Helen Blum, C. G. White, Ivanhoe, Matthew Turner, and the Herman; that as such managing owner he has fitted said vessels out regularly for their sealing voyages during the time mentioned; that he is thoroughly familiar with the details of such outfits and the cost and expense thereof, and also familiar with the value of the schooners engaged in said business; that he knew the schooner James Hamilton Lewis and her value before and at the time of her seizure by the Russian Government; that in his opinion the said schooner,Tames Hamilton Lewis and her outfit at the time of said seizure was reasonably worth the sum of $25,000.

A. F. Lorentzen.

[seal.]
—— ——,
Notary Public in and for the City and County of San Francisco,
State of California.

[russian consul’s certificate.]