Fowey, Cornwall. At eight o'clock on the evening of the 14th of April, 1960, the coastguard informed the honorary secretary that a yacht was firing red flares three miles south ofFowey. At 8.13 the life-boat Deneys Reit: put out at high water in a gentle north-westerly wind and a slight sea.

The life-boat found the yacht Irene of Boston in tow of the coaster Lady Sylvia. The life-boat took over the tow of the Irene, which had a crew of two, and reached her station at ten o'clock. Property salvage case..