TICONDEROGA A boat sank in Lake Champlain near the Ticonderoga ferry dock June 3. Michael Wallace, 40, his wife, Theresa Wallace, 39; and nephew Jeffrey, 24, all of Ticonderoga, had been fishing near the International Paper plant and were heading back to the Fort Ticonderoga ferry landing sometime between 4 and 4:30 p.m. when the wind picked up and it looked like a storm was coming in. A strong west wind had increased waves from about 1 foot to 3 feet. There was so much water in the back of the boat, the front end went up in the air and the boat flipped. It happened so fast that Mr. Wallace was only able to grab one life preserver, which he threw to his wife. She started swimming to shore but watched as her husband, using the fuel tank for buoyancy, floated in the other direction. Her nephew was able to climb atop the capsized boat. Once Mrs. Wallace reached land, she went to the train station and called for help. Ronald Martel of Whitehall had just landed his boat when he heard someone had capsized. Martel returned to the lake and rescued the two men. The Wallaces were in a 14-foot aluminum boat with a 15-horsepower outboard motor. The boat capsized 500 to 600 feet north of the Fort Ticonderoga ferry landing.