Regarding :-

"Subject: Lyr Add: LARBOARD WATCH
From: kendall - PM
Date: 15 Dec 99 - 02:07 PM

LARBOARD (lee board) WATCH is not a shanty.

SNIP, SNIP,

This was surly written by a landsman. Heaving the log had nothing to do with leeway, only the speed of the vessel.
Besides, the lyrics are much too flowery.

For the info of anyone who might care, the Starboard, refers to the steer board off the right rear side of the vessel (before fixed rudders) and, the lee board trailed from the left side."
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It's not LEE BOARD it is LARBOARD.
LARBOARD is the opposite of STARBOARD see here from "The SAILOR'S WORD BOOK. A Dictionary of Nautical Terms." Published 1867.
"LARBOARD. The left side of a ship, when the spectator's face is towards the bow. The Italians derive starboard from QUESTA BORDA, = THIS SIDE and larboard from QUELLA BORDA = THAT SIDE, abbreviated into STA BORDA and LA BORDA. Their resemblance caused so many mistakes that by order of the Admiralty, LARBOARD is now thrown overboard and PORT substituted."

As for LEEBOARDS, there are two, one on each side of the vessel. That LEEBOARD which is on the lee side of the vessel is generally used as due to the wind heeling the vessel the windward one will be lifted out of the water. Also the pressure of the water on the inside of the lee board will place an unwelcome strain on the pivot.

regards
Jake