Protests 70125-K of Kleinco Importing Corp.

U.S. Customs Court

Protests 70125-K of Kleinco Importing Corp.

15 Cust. Ct. 214

CourtUnited States Customs Court

DecidedJune 21, 1945

DocketNo. 50293

StatusPublished

This text of 15 Cust. Ct. 214 (Protests 70125-K of Kleinco Importing Corp.) 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.

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Protests 70125-K of Kleinco Importing Corp., 15 Cust. Ct. 214 (cusc 1945).

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Opinion

Opinion by

Ekwall, J.

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, decided February 5, 1945.) 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 [215]*215entries. The protests were sustained to this extent. Protest 57853-K, having been abandoned as to entry 66042, was overruled as to that merchandise.

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Opinion by

Ekwall, J.

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, decided February 5, 1945.) 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 [215]*215entries. The protests were sustained to this extent. Protest 57853-K, having been abandoned as to entry 66042, was overruled as to that merchandise.

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15 Cust. Ct. 214, Counsel Stack Legal Research, https://law.counselstack.com/opinion/protests-70125-k-of-kleinco-importing-corp-cusc-1945.

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