JUDGE'S ORDER DOCKS VIRGINIA DARE AT LAKE

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, January 22, 1992                   TAG: 9201220365
SECTION: VIRGINIA                    PAGE: B3   EDITION: NEW RIVER VALLEY 
SOURCE: 
DATELINE: ROCKY MOUNT                                LENGTH: Short
JUDGE'S ORDER DOCKS VIRGINIA DARE AT LAKE
A judge signed a temporary restraining order Tuesday preventing the Virginia Dare riverboat restaurant from leaving its moorings for dinner cruises on Smith Mountain Lake.
The order was requested by a creditor who claims the limited partnership that owns the Virginia Dare is five months delinquent in payments for an on-board computerized beverage dispensing system.
Poquoson Leasing Inc. of Norfolk is seeking to keep the boat moored and weatherized in order to protect the beverage equipment from "severe winter conditions."
Poquoson Leasing is seeking a $27,127 judgment against Bluewater Cruise Co.
An attorney for Bluewater Cruise said the Virginia Dare was experiencing a temporary cash-flow problem because of the seasonal nature of the dinner cruises.
Attorney David Furrow said he would seek to work out a payment fee with Poquoson Leasing and other creditors to get the Virginia Dare ready for the summer season.
"The boat will make money," Furrow said.
Earlier Tuesday, Franklin County Circuit Judge B.A. Davis III signed a temporary restraining order that will remain in effect until a hearing is scheduled within the next 15 days, court papers show.

by Archana Subramaniam by CNB by Archana Subramaniam by CNB