HARRIS, District Judge.
Libelant, Ortega & Emigh, Inc., the asserted holder for value of an alleged contradictory bill of lading seeks to recover the sum of $6265.35, its acceptance loss from respondents Grace Line, Inc., and the United States of America.
Prior to trial a stipulation was entered into by the parties:
"Ortega & Emigh, Inc., libelant herein, was during April, May and June, 1943, and still is a California corporation engaged in...
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