The judgment of Dickson C.J. and Estey, McIntyre and Wilson JJ. was delivered by
THAT Plaintiff Miida Electronics, Inc. ("Miida") was, at all material times herein, the owner of a cargo of 260 [sic] cartons of electronic desk calculators ("the cargo"), each carton containing 2 sets of electronic desk calculators;
THAT Plaintiff Miida is entitled to sue under the contract of carriage;
THAT Defendant Mitsui O.S.K. Lines Ltd's ("Mitsui's") Bill of Lading No. KBMR-0007, dated Kobe, Japan, July 31, 1973, is produced by consent as Plaintiff Miida's Exhibit P-1;
THAT the terms and conditions of Bill of Lading No. KBMR-0007 (Exhibit P-1) constitute the contract of carriage under which Plaintiff Miida's cargo was carried;
THAT defendant Mitsui was the carrier of the cargo and issued Bill of Lading No. KBMR-0007 (Exhibit P-1) and is bound by the terms and conditions thereof;