Letcher v. United States

U.S. Customs Court

Letcher v. United States

22 Cust. Ct. 289, 1949 Cust. Ct. LEXIS 1517

United States Customs Court·Decided April 21, 1949·No. No. 53055; protests 112287-K, etc. (New York)·Published

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. 1132). 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. The protests were sustained to this extent.

Free access — add to your briefcase to read the full text and ask questions with AI

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. 1132). 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. The protests were sustained to this extent.

Letcher v. United States, 22 Cust. Ct. 289, 1949 Cust. Ct. LEXIS 1517 (cusc 1949).

Pincite

22 Cust. Ct. 289 (Letcher v. United States) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Opinion

Related