INTERSTATE TRACTOR & EQUIPMENT CO. v. THE MYLARK

Civ. No. 5061.

90 F.Supp. 466 (1950)

INTERSTATE TRACTOR & EQUIPMENT CO. v. THE MYLARK et al.

United States District Court D. Oregon.

March 24, 1950.


Attorney(s) appearing for the Case

Erskine B. Wood (Wood, Matthiessen & Wood), Portland, Oregon, for respondent.

MacCormac Snow, Portland, Oregon, James Castles, Portland, Oregon, and A. C. Fulton, Astoria, Oregon, for intervening libelants.


SOLOMON, District Judge.

On July 10, 1948, claimant, Malarkey Logging Company, agreed to sell, and one R. B. Cutting agreed to purchase, a fishing vessel known as the M. S. Mylark for the sum of $30,000.00 payable as follows: twenty-five percent of the gross catch but not less than $6,000.00 a year beginning July 9, 1949, title to remain in the seller until the full purchase price was paid.

Because of Cutting's failure to make the required payments, claimant...

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