After I towed my boat back from the late on Friday some friends noticed that there was smoke coming off one of my tires. I got my water hose and steam came off. The next day I drove it around my cud-da-sac and then down to the end of the street and back without noticing any binding. I parked it and felt that the drum on the problem side was noticeable warmer than the one non-problem side. the next day I jacked the trailer up and tried adjusting the drum, though I am unsure if it even worked. I had the wife spin the wheel, then I would actuate the surge brake with a screw driver and that would stop the wheel. I opened up the master cyl reservoir and the Dot 3 fluid color was orange like rust. I am thinking about bleeding my brake lines then adding new fluid. Anyway I suggestion on how to address the binding of one brake?