TRAVELERS INSURANCE CO. v. GRAYE


358 Mass. 238 (1970)

263 N.E.2d 442

THE TRAVELERS INSURANCE COMPANY vs. WILLIAM J. GRAYE & another.

Supreme Judicial Court of Massachusetts, Middlesex.

November 2, 1970.


Attorney(s) appearing for the Case

Terence F. Riley for the defendant Graye.

William R. Hall for the plaintiff.

Present: SPALDING, CUTTER, KIRK, SPIEGEL, REARDON, & QUIRICO, JJ.


SPALDING, J.

This bill for declaratory and other relief was heard on stipulated facts and documentary evidence which the judge treated as a statement of agreed facts. The plaintiff seeks to have the defendant Graye ordered to execute an assignment to it of his rights and causes of action to the extent of $12,000 against any third party responsible for the sinking of his yacht.

On August 28, 1966, Graye's yacht, the "Nepenthe," was sunk off Tinker's Ledge,...

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