Legal Opinion
Three Bros. Towing Co. v. Louisiana Gulf Industries, Inc.
District Court, E.D. Louisiana
Decided October 28, 1969No. Civ. A. No. 68-1365Published
1Opinion of the Court
CASSIBRY, District Judge:
FINDINGS OF FACT
1
In October of 1967, Michael M. Burke and Linda C. Burke and others formed a corporation known as Louisiana Gulf Industries, Inc. Michael Burke was a director and president of the corporation and his wife, Linda Burke, was made a director and the secretary-treasurer.
2
On March 9, 1968, Three Bros. Towing Co., Inc., entered into a bareboat charter and option to purchase agreement with Louisiana Gulf Industries, Inc. The agreement provided for charter hire at $150 per day.
3
Charterer, Louisiana Gulf Industries, Inc., failed to make required charter hire…
2Cases cited3 opinions
- Construction Eng. Co. of La. v. Village Shop. Ctr.Louisiana Court of Appeal · 1964
- Sulphur Export Corporation v. Carribean Clipper Lines, Inc.District Court, E.D. Louisiana · 1968
- Temple Iron Works, Inc. v. Reburn Oil & Gas, Inc.Louisiana Court of Appeal · 1966