WILSON, District Judge.
This is an action by the plaintiff, Russell Mining Company, Inc., to recover upon a marine insurance policy for the loss of a barge due to sinking. The plaintiff also seeks to recover a statutory penalty from the defendant for nonpayment of insurance. From the stipulations made by the parties and the testimony of witnesses, the following are the facts of the case upon which recovery must either be granted or denied.
About June 1, 1958...
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