AUGUSTUS N. HAND, Circuit Judge.
The steamship Michael Tracy collided with the steamship Cape Cod in Hell Gate on February 5, 1927. The latter was sunk, and her cargo became a total loss. The trial judge held that the sole cause of the collision was a sheer by the Cape Cod, and that the Michael Tracy was without fault. He accordingly exonerated the Michael Tracy from all damage arising out of the collision. The cargo underwriters contend that the finding of the trial...
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