West of England Ship Owners Mutual Protection & Indemnity Ass'n v. Patriarch Steamship Co.
District Court, D. Massachusetts
1Opinion of the Court
MEMORANDUM OF DECISION
GARRITY, District Judge.
These cases call for a determination of the rights of various parties in a fund of $73,000 now held in escrow by defendant Newton-Waltham Bank & Trust Company. They were consolidated; and liability issues were separated from those pertaining to damages and tried without a jury. The underlying facts are undisputed.
In 1965 the Newton-Waltham Bank & Trust Company (hereinafter referred to as “Bank”) obtained a first preferred ship’s mortgage on the SS Patraic Sky, a Liberian flag vessel, as collateral for a $300,000 loan to the Patriarch Steamship…
2Cases cited13 opinions
- Archawski v. HaniotiSupreme Court of the United States · 1956
- Seaboard Shipping Corp. v. Jocharanne Tugboat Corp.Court of Appeals for the Second Circuit · 1972
- Gulf Oil Trading Co. v. Creole SupplyCourt of Appeals for the Second Circuit · 1979
- State of Israel, a Sovereign Nation v. The Motor Vessel Nili, Etc., and Singer & Friedlander, Inc., and Ted Curry Shipping, Ltd., Claimants-AppellantsCourt of Appeals for the Fifth Circuit · 1970
- The FavoriteCourt of Appeals for the Second Circuit · 1941
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- Hilo Crane Service, Inc. v. HoHawaii Intermediate Court of Appeals · 1984
- Farland v. T & T Fishing Corp.District Court, D. Rhode Island · 1986
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