Legal Opinion

Mastan Co. v. Steinberg

Court of Appeals for the Third Circuit

Decided November 18, 1969No. (D. C. Civil Action No. 284-67) No. 17879PublishedCited by 7 opinions

1Opinion of the Court

OPINION OF THE COURT

ALDISERT, Circuit Judge.

At stake in this admiralty action is the distribution of $55,085.37, deposited in the Registry of the court below following the foreclosure and sale of the ship SS Sapphire Sandy by the • United States Marshal. A Special Master determined that the Mastan Company was entitled to the entire proceeds of the sale as holder of a valid first preferred mortgage on the vessel. Todd Shipyards Corporation, a creditor of the ship, has appealed the district court’s confirmation of the master’s report.

In December, 1965, the Sapphire Steamship Lines borrowed…

2Cases cited7 opinions

  1. McAllister v. United StatesSupreme Court of the United States · 1954
  2. Pope & Talbot, Inc. v. HawnSupreme Court of the United States · 1953
  3. Panama Railroad v. JohnsonSupreme Court of the United States · 1924
  4. Diaz v. the S.S. SeathunderDistrict Court, D. Maryland · 1961
  5. Atlantic Steamer Supply Company v. the SS TradewindDistrict Court, D. Maryland · 1957

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3Cited by7 opinions

  1. J. Ray McDermott & Co. v. Vessel Morning StarCourt of Appeals for the Fifth Circuit · 1972
  2. J. Ray Mcdermott & Co., Inc. v. The Vessel Morning StarCourt of Appeals for the Fifth Circuit · 1972
  3. In Re Pasquale Alberto, Debtor. Appeal of Maryland National BankCourt of Appeals for the Third Circuit · 1987
  4. Chase Manhattan Financial Services, Inc. v. McMillianCourt of Appeals for the Tenth Circuit · 1990
  5. Maryland National Bank v. Yacht Escape IIDistrict Court, E.D. New York · 1993

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