RedactedNarrative: After speaking with the (owner/operator) of the Cheryl Lynn (Vessel 1) by E-mail and over the phone, the accident happened at approximately 1:00 PM on May 8th. The operator stated he was traveling North from the Coinjock Canal at approximately 25 knots.  Vessel 1 continued North through the ICW. In the area of Channel Marker 79 the shaft connecting the propeller to the motor broke off causing the shaft and the propeller to fall through the hull leaving a hole in the hull approximately 2.5'' wide allowing water to enter the hull of Vessel 1.  Vessel 1 went down just outside the ICW channel.  Vessel 1 was completely submerged. 
   
  Vessel 1 has been lifted and pumped out then towed to Norfolk Va.