Mamary Bros. v. United States

U.S. Customs Court

Mamary Bros. v. United States

22 Cust. Ct. 269, 1949 Cust. Ct. LEXIS 1420

Procedural entryThis page is a short order in Mamary Bros. v. United States. Read the opinion of the Court — 21 Cust. Ct. 135 →

United States Customs Court·Decided March 23, 1949·No. No. 52958; protests 78121-K, etc. (New York)·Published

Opinion

[270]*270Opinion by

Ekwall, J.

It was stipulated that the facts and the issue herein are the same in all material respects as those 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. The protests were sustained to this extent.

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[270]*270Opinion by

Ekwall, J.

It was stipulated that the facts and the issue herein are the same in all material respects as those 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. The protests were sustained to this extent.

Mamary Bros. v. United States, 22 Cust. Ct. 269, 1949 Cust. Ct. LEXIS 1420 (cusc 1949).

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Opinion

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