RedactedNarrative: On 4/18/15 at approximately 5:30pm, subjects were preparing to launch his vessel into the albemarle sound from the holiday island boat ramp. A small storm had just passed leaving a 5 to 10 mile per hour wind out of the east causing the water to be choppy. Operator decided to go ahead and launch the boat and continue with their plans to fish. After launching the boat, they traveled approximately two miles west to the channel markers of the yeopim creek just off shore from the albemarle plantation golf community and started to fish. They fished for approximately an hour and a half and the water started to become choppier when they decided to head back to the boat ramp. As they started to travel back to the holiday island ramp, their 2.5 hp mercury outboard died unexpectedly causing water to rush over the stern of the vessel and into the boat. Operator was able to start the engine and again headed towards the boat ramp. This occurred 5 or 6 times each time more water would spill over the stern and into the boat. At one point, operator took off his boot and tried to scoop water out of the boat. He decided that using his boot was not working and started the boat directly towards the shore. When the motor shut off the last time and the water came over the stern, it continued to fill the boat. The bow, front, of the boat raised up into the air as the boat capsized throwing occupant and operator into the 50 degree water. Occupant was able to grab the two type 2 pfds and hold on to them. She also removed her phone from her pocket and held it out of the water. Operator grabbed onto the now upside down boat and crawled onto the hull. Occupant gave him her phone and operator called 911. At 7:27pm, perquimans county 911 received the call from operator stating that his boat had turned over in the albemarle sound and that he and occupant had life jackets on and were hanging onto the boat. The perquimans county dispatcher called the uscg and sgt with the ncwrc. The uscg launched a helicopter and a 25 ft boat from the elizabeth city coast guard air station. Sgt launched a 21 foot parker from the new hope access area to search for operator and occupant. The uscg helicopter arrived in the area at 8:10pm and after a short search rescued the two from the albemarle sound. Occupant was treated for mild hypothermia at the sentera hospital in elizabeth city, nc and was released. Operator did not suffer any injuries. The 12 foot aluminum bass tracker john boat, 2.5 hp motor, tackle boxes, fishing poles and operator and occupant's cell phones were lost and/or destroyed in this incident. Total property damage estimated at $3500.00.