GILLIAM, District Judge.
Upon the pleadings, evidence and stipulations of the parties, the Court finds these facts:
1. Libelant, Gulf Atlantic Transportation Company, is a Florida corporation engaged in the business of water transportation of petroleum products. It has a branch office at Wilmington, North Carolina.
2. Under contract dated November 1, 1950 and terminating December 31, 1952, libelant agreed to transport for Gulf Oil Corporation petroleum...
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