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NATIONAL SHAWMUT BANK OF BOSTON v. THE WINTHROP

Nos. 54-21-A, 54-26-A, 54-33-A.

129 F.Supp. 661 (1955)

The NATIONAL SHAWMUT BANK OF BOSTON v. THE WINTHROP. THE DORCHESTER. THE QUINCY.

United States District Court, D. Massachusetts.

March 24, 1955.

Attorney(s) appearing for the Case

Arthur J. Santry, Jr., Putnam, Bell, Santry & Ray, Boston, Mass., for libellant.

Melvin I. Bernstein, Boston, Mass., for intervener Oakes and others.

Charles S. Bolster, Bingham, Dana & Gould, Boston, Mass., for Bethlehem Steel Co., intervening petitioner.

ALDRICH, District Judge.

This matter comes up on a motion to confirm a commissioner's report. Insofar as that report finds that the mortgages were valid incumbrances under the Ship Mortgage Act of 1920, 46 U.S.C.A. § 911 et seq., and that the effect of that act is to subordinate liens acquired after the mortgage to liens antedating the mortgage, and hence preferred maritime liens, the report will be confirmed. Whether Congress had this in mind or not, it is more...

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