Sportsmen's Enterprises, Inc. v. Union Barge Line Corp.

MEMORANDUM OPINION

ORMA R. SMITH, District Judge.

This case is before the Court for decision on pre-trial briefs, evidence introduced at the trial of the case before the Court, without a jury, and proposed findings of fact and conclusions of law submitted to the Court.

This is a suit brought by plaintiffs, Sportsmen’s Enterprises, Inc. and Two Twenty-Eight Terminal Services, Inc., owner and bareboat charterer respectively of the sunken Towboat SOUTHEASTERN, to recover of defendant, Union^ Barge Line Corporation, owner of the 'M/V NAVIGATOR, the value of the tugboat, alleged to be $85,935.46, and…