The No. 2 Life-boat Margaret was launched at 10.30 A.M. on the 7th May, signal guns havjng been fired by the "Wold Light-vessel. On reaching the Hasborough Sands the barque Sirius, of Drammen, timber laden, was found near Palling Knowl, and the Life-boat remained by her until a steam-tug arrived and towed her out of danger..