O'CONNELL, Circuit Judge.
A wooden float owned by defendant Baltimore and Ohio Railroad Company ("B. & O.") was being towed across the Delaware River toward the New Jersey shore by two tugs belonging to defendant Taylor and Anderson Towing and Lighterage Company ("Taylor"). The float, for reasons unexplained, sank during this operation and became stuck in the river bed. After a conference between officials of Taylor and B. & O., it was decided that one of...
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