V1 OPERATOR WAS TRAVELING WEST ACROSS LAKE MONROE, WHEN HE NOTICED SMOKE COMING FROM THE CUP HOLDER.  OPERATOR SHUT DOWN THE ENGINE AND TRIED TO EXTINGUISH USING ONBOARD FIRE EXTINGUISHER.  SMOKE BECAME THICKER AND THE OPERATOR FELT THE EFFORT TO EXTINGUISH FIRE DID NOT WORK AND TOLD PASSENGER TO GET INTO THE WATER.  OPERATOR THEN WENT INTO THE WATER AND PULLED THE BOAT PLUG TO SINK VESSEL AND EXTINGUISH FIRE.  OPERATOR STATED THEY WERE IN THE WATER FOR ABOUT 45 MINUTES BEFORE SANFORD FIRE AND RESCUE PULLED THEM FROM THE WATER AND TOOK THEM TO THE WAYSIDE BOAT LAUNCH.
SANFORD                       