TORO SHIPPING CORP. v. BACON-McMILLAN VENEER MFG. CO.

No. 22504.

364 F.2d 928 (1966)

TORO SHIPPING CORPORATION, Appellant, v. BACON-McMILLAN VENEER MANUFACTURING COMPANY et al., Appellees.

United States Court of Appeals Fifth Circuit.

August 16, 1966.


Attorney(s) appearing for the Case

Thomas A. Hamilton, Mobile, Ala., Hamilton, Denniston, Butler & Riddick, Thomas A. Hamilton, Mobile, Ala., for appellant.

Alex F. Lankford, III, Mobile, Ala., Hand, Arendall, Bedsole, Greaves & Johnston, Mobile, Ala., of counsel, for appellees.

Before JONES and GEWIN, Circuit Judges, and HUNTER, District Judge.


HUNTER, District Judge:

Appellant, Toro Shipping Corporation (a Panamanian corporation), chartered one of its ships (S. S. NADINE) to Maderas Y. Triplex (a Colombian corporation), for use in shipping logs between Colombia, South America and Gulf Coast ports of the United States. The time charter was signed in March of 1964. In early December of 1964, appellee entered into negotiations with Triplex for the purchase of the Cativo logs which were seized in this action...

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