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IRVING TRUST COMPANY v. THE GOLDEN SAIL

No. 60-14.

197 F.Supp. 777 (1961)

IRVING TRUST COMPANY, Libelant, v. THE Steamscrew GOLDEN SAIL (ex Wang Archer), her engines, etc., and Marine Bulk Carriers, Inc., Respondents, And Companion and Consolidated Libels, Intervenors.

United States District Court D. Oregon.

July 28, 1961.

Attorney(s) appearing for the Case

Erskine B. Wood, Portland, Or., for libelant.

Alfred A. Hampson, Portland, Or., for intervening Overseas Mercantile Corp.

Donald S. Richardson and James B. Griswold, Portland, Or., for intervenors.

EAST, District Judge.

The libelant herein (Trust) seeks to foreclose a first ship's mortgage held by it.

The respondents consist of second ship's mortgage holder and various claimants in rem against the S. S. Golden Sail.

This matter comes forward to the Court upon the segregated issue of the standing or priority of the three claims:

(1) Vacation, welfare and pension contributions allegedly to be paid by the Golden Sail and her claimants...

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