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THREE BROS. TOWING CO. v. LOUISIANA GULF INDUSTRIES, INC.

Civ. A. No. 68-1365.

317 F.Supp. 814 (1969)

THREE BROS. TOWING CO., Inc., Plaintiff, v. LOUISIANA GULF INDUSTRIES, INC., and Michael M. Burke, Individually, and Michael M. Burke d/b/a Louisiana Gulf Industries, Inc., Defendants.

United States District Court, E. D. Louisiana, New Orleans Division.

October 28, 1969.

Attorney(s) appearing for the Case

Rufus C. Harris, Jr., New Orleans, La., for plaintiff.

George W. Healy, III, Peter G. Burke, New Orleans, La., for defendants.

CASSIBRY, District Judge:

FINDINGS OF FACT

1.

In October of 1967, Michael M. Burke and Linda C. Burke and others formed a corporation known as Louisiana Gulf Industries, Inc. Michael Burke was a director and president of the corporation and his wife, Linda Burke, was made a director and the secretary-treasurer.

2.

On March 9, 1968, Three Bros. Towing Co., Inc., entered into a bareboat charter and option to purchase agreement with...

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