MEMORANDUM OF DECISION
ORMA R. SMITH, District Judge.
The remaining issue in the action sub judice concerns the claim of indemnity asserted in a cross-claim by defendant Southern Farm Bureau Life Insurance Company (Southern Farm) against its co-defendant, Mississippi Marine Transport Company (Mississippi Marine). The claim arises out of a mortgagor-mortgagee relationship. The subject of the mortgage is the M/V Mark Shurden ex Wildcat (M/V Wildcat) purchased...
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