- Full Text
- STEAMER PRINCE NOW A TOTAL LOSS
Boat Burned Off Kelley?s Id. Is Abandoned to Underwriters
Damaged to such an extent the owners believe, that she cannot be repaired satisfactorily without more expense than the insurance will cover the steamer F.H. Prince has been abandoned to the underwriters as a constructive total loss. She lies on the beach at Kelley?s Island with the foreward of her hull burned almost to the water?s edge.
The vessel is insured for $35,000. The fire which caused Capt. H. H. Persons to beach the vessel ate its way almost half way to the stern. Without the cost of releasing her and towing her to a drydock where she can be properly repaired, it is thought the damage amounts to at least the 75 per cent necessary to make the ship a total loss.
No arrangements were made by the managers of the Prince, H.K. Oakes and Capt. H.H. Persons, to obtain a temporary sand boat to take up the work in which the burned vessel was engaged. This will probably be given more serious consideration after the next day or two after the survey of the Prince is made and the full extent of the damage determined.
If the wreck can be repaired it will not require such a long service of a hired ship as if a new boat is built, a matter which must be determined before other arrangements can be finally made.
- Item Type
- Date of Original
- Friday, August 11, 1911
- Local identifier
- Language of Item
- Linda Pansing
- Copyright Statement
- Public domain: Copyright has expired according to the applicable Canadian or American laws. No restrictions on use.
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