BATTLE FOR TITANIC; Legal row for the rights to doomed ship's EUR74m booty.Byline: RORY TEVLIN ALMOST a century after it sank the Titanic Titanic (tītăn`ĭk), British liner that sank on the night of Apr. 14–15, 1912, after crashing into an iceberg in the N Atlantic S of Newfoundland. More than 1,500 lives were lost. has become the focus of a EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 74million legal row. A US company, RMS Titanic The RMS Titanic, a British Olympic-class ocean liner, became famous as the largest ocean liner built in her day and also for sinking on her maiden voyage in 1912 with a huge loss of life. Inc, has told a court in Norfolk, Virginia Norfolk is an independent city in the Commonwealth of Virginia, in the United States of America. With a population of 234,403 as of the 2000 census, Norfolk is Virginia's second-largest incorporated city. , it wants to be declared the legal owner of thousands of items recovered from the wreck in the north Atlantic. RMS Titanic Inc is part of Premier Exhibitions of Atlanta, Georgia, which travels the world with a display of almost 6,000 objects from the ill-fated liner, which last docked in Cobh in Cork in April 1912. The items are valued at more than EUR74million and were removed in six expeditions, the last of which was in 2004. Englishman Douglas Faulkner Woolley who holds a rival claim to the wreck of the Titanic, which sank on April 15, 1912 after running into an iceberg leading to the deaths of 1,500 people, accused the company of trying to milk the site for money. He said: "All they're in it for is the money they can make." The US District Court is expected to consider Mr Woolley's claim but he claimed an American court has no jurisdiction over a British ship. He said: "When the Titanic went down, all shares passed back to a company in Liverpool. She went down a 100% British ship." Mr Woolley has been fascinated with the Belfast-built giant for years as two of his relatives were due to sail on her but refused to following a premonition. Inspired by the legend of the ship he said he wanted to raise the wreck since he was a child. He claims to have discovered the wreck of the Titanic in 1977 and filed a claim under the Merchant Act of 1894. Because of his age and lack of funding he plans to auction the claim to pursue his dream of raising the Queen Elizabeth Queen Elizabeth, or Elizabeth, may refer to: Living people
Bohemia He added: "Robert would have had to recover an object from the site, and he never did. He supports leaving the site alone. "We cannot learn anything more. A lot of people would much rather see objects in a museum than respect a graveyard." CAPTION(S): CLAIM Woolley |
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