Home/U.S. Customs Court/Michaels, Stern & Co. v. United States

Michaels, Stern & Co. v. United States

24 Cust. Ct. 362, 1950 Cust. Ct. LEXIS 1625
CourtUnited States Customs Court
DecidedJanuary 30, 1950
DocketNo. 53999; protests 67835-K, etc. (New York)
StatusPublished

This text of 24 Cust. Ct. 362 (Michaels, Stern & Co. 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
Michaels, Stern & Co. v. United States, 24 Cust. Ct. 362, 1950 Cust. Ct. LEXIS 1625 (cusc 1950).

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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Related

Mamary Bros. v. United States
21 Cust. Ct. 135 (U.S. Customs Court, 1948)

Cite This Page — Counsel Stack

Bluebook (online)
24 Cust. Ct. 362, 1950 Cust. Ct. LEXIS 1625, Counsel Stack Legal Research, https://law.counselstack.com/opinion/michaels-stern-co-v-united-states-cusc-1950.