Tropical Shipping Co. v. United States

This proceeding involves the value of the motor vessel La Paz along with her equipment and furnishings on October 14,1942.

On that date the War Shipping Administration requisitioned the vessel pursuant to Sec. 902 of the Merchant Marine Act of 1936, as amended (53 Stat. 1255) and Executive Order 9054 (7 Fed. Reg. 837), and took possession thereof together with the equipment and furnishings. The defendant has neither paid nor tendered any amount whatsoever as compensation, for the vessel,

*122There is no dispute as to the Government’s liability for just compensation, only the amount thereof, being…