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NORTH PACIFIC STEAMSHIP COMPANY v. PYRAMID BULKCARRIERS, INC.

No. 74-3293.

515 F.2d 426 (1975)

NORTH PACIFIC STEAMSHIP COMPANY, Plaintiff-Appellant, v. PYRAMID BULKCARRIERS, INC., etc., Defendant-Appellee.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied July 28, 1975.

Attorney(s) appearing for the Case

Donald L. King, Edward J. Koehl, Jr., New Orleans, La., for plaintiff-appellant.

Charles Kohlmeyer, Jr., Earl S. Eichin, Jr., New Orleans, La., for defendant-appellee.

Before CLARK, Associate Justice, and GOLDBERG and AINSWORTH, Circuit Judges.

PER CURIAM:

On June 10, 1971, North Pacific Steamship Company (North Pacific) brought suit against the original defendant herein, Pyramid Bulkcarriers, Inc. (Pyramid), to recover the unpaid charter hire due from Pyramid on two of North Pacific's ships. North Pacific won a final judgment for $842,350.67 together with legal interest and court costs against Pyramid on May 18, 1973. A credit of $113,260.00 was entered on the judgment from the proceeds of a bond originally...

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