On Sun, 13 Jun 2004 16:12:44 GMT, Jason wrote:
The hull is planked mohogany but i noticed 2 or 3 spots where there is
rot in the planks by the frames just about at the water line..

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The first thing you should do is ask for your money back. The next
thing you should do is call up your hull surveyor. You DID have it
surveyed before you paid for it, right? Assuming you can't break the
deal, can't give it back, and have no surveyor to sue, you now own
what is known as a "project boat" and have much to learn.