When you begin following the history of a sailing ship, you know the story most likely ends one of three ways: sunk, abandoned or sold for scrap. In March 1946, that’s what would have been predicted as the fate for the three-masted schooner Lucy Evelyn.

That month the ship was towed into its home port by the Coast Guard. Ten months before, it had set sail for the Cape Verde Islands, a cruise that saw it lose a rudder, become helpless and need rescue off North Carolina, and then, following…