Algoma Central & Hudson Bay Ry. Co. v. Great Lakes Transit Corp.

L. HAND, Circuit Judge.

This is an appeal from a decree in the admiralty, dismissing a shipowner’s petition to limit its liability, filed under the Fifty-first Admiralty Rule (28 U.S.C.A. following section 723). The petitioner is a Canadian railway company, the owner of the steamer, “W. C. Franz,” which on the night of November 14, 1934, collided with the steamer, “Edward E. Loomis,” of the Great Lakes Transit Company, on Lake Huron, and sank in twenty-five fathoms of water. The railway filed a libel in personam against the Great Lakes company in the Northern District of Ohio, which the Great…