HAYS, Circuit Judge:
The appeal and cross-appeal in this case arise from the sinking of the Steam Tanker Perama on March 18, 1957, in the Gulf of Mexico while on a voyage from Baton Rouge, Louisiana, to Italy. The libelants are the Italian society named, its president, and nineteen Italian underwriters. The society's cargo of soybean oil was lost with the Perama. The libelants contended that the sudden insurgence of water through the hull of the Perama and its sinking...
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