Davies v. United States

U.S. Customs Court

Davies v. United States

24 Cust. Ct. 418, 1950 Cust. Ct. LEXIS 1819

CourtUnited States Customs Court

DecidedApril 4, 1950

DocketNo. 54194; protests 43978-K/89724 and 43979-K/89732 (Chicago)

StatusPublished

This text of 24 Cust. Ct. 418 (Davies v. United States) is published on Counsel Stack Legal Research, covering United States Customs Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Davies v. United States, 24 Cust. Ct. 418, 1950 Cust. Ct. LEXIS 1819 (cusc 1950).

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Opinion

Opinion by

Ekwall, J.

It was stipulated that the issue herein is the same in all material respects as that presented in Mamary Bros., Inc. v. United States (21 Cust. Ct. 135, C. D. 1142). In accordance therewith it was held that the currency of the invoices should be converted at the buying rate in the New York market at noon on the day of exportation (the “free” rate of exchange for pounds sterling), as certified by the Federal Reserve Bank and set forth by the collector on each of the entries involved.

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Opinion by

Ekwall, J.

It was stipulated that the issue herein is the same in all material respects as that presented in Mamary Bros., Inc. v. United States (21 Cust. Ct. 135, C. D. 1142). In accordance therewith it was held that the currency of the invoices should be converted at the buying rate in the New York market at noon on the day of exportation (the “free” rate of exchange for pounds sterling), as certified by the Federal Reserve Bank and set forth by the collector on each of the entries involved.

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Bluebook (online)

24 Cust. Ct. 418, 1950 Cust. Ct. LEXIS 1819, Counsel Stack Legal Research, https://law.counselstack.com/opinion/davies-v-united-states-cusc-1950.

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