Passengers of the RMS Titanic April 1912 at around 11:40 pm, while the RMS "Titanic" was sailing about south of the Grand Banks of Newfoundland, the ship struck an iceberg and began to sink. Shortly before midnight, Captain Edward Smith ordered the ship's lifeboats to be readied and a distress call was sent out. The closest ship to respond was Cunard Line's away, which would arrive in an estimated four hours—too late to rescue all of "Titanic" passengers. Forty-five minutes after the ship hit the iceberg, Captain Smith ordered the lifeboats to be loaded and lowered under the orders women and children first. The first
Wreck of the RMS Titanic Inc. fair market value for the artefacts but deferred ruling on their ownership and the conditions for their preservation, possible disposition and exhibition until a further decision could be reached. On 15 August 2011, Judge Smith granted title to thousands of artefacts from the "Titanic", that RMS Titanic Inc. did not already own under a French court decision concerning the first group of salvaged artefacts, to RMS Titanic Inc. subject to a detailed list of conditions concerning preservation and disposition of the items. The artefacts can be sold only to a company that would abide by the lengthy list of