Protests 50815-K/90087 of Marshall Field & Co.
This text of 18 Cust. Ct. 214 (Protests 50815-K/90087 of Marshall Field & Co.) 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.
Opinion
Opinion by
In accordance with stipulation of counsel the court found that the facts herein agreed upon were such as to bring the case within the holding in John Barr v. United States (11 Cust. Ct. 88, C. D. 801), which record was incorporated herein. (See John Barr v. United States, 324 U. S. 83.) 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 the entries. The protests were sustained to this extent.
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18 Cust. Ct. 214, Counsel Stack Legal Research, https://law.counselstack.com/opinion/protests-50815-k90087-of-marshall-field-co-cusc-1947.