LEVET, District Judge.
These two proceedings are the result of a collision between the Chris-Craft Cruiser Escape II (hereinafter called the Escape) and the Coastwise Tanker M. J. Derby II (hereinafter called the Derby) which occurred in the East River between the Manhattan shore and the southern end of Blackwell's Island (Welfare Island) on May 20, 1956.
The first proceeding is that instituted by the owners of the yacht by petition, praying for a decree for...
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