United States Customs Court, 1945

Protests 56893-K of Gribbon Co.

Protests 56893-K of Gribbon Co.
United States Customs Court · Decided May 24, 1945 · Eicwall
14 Cust. Ct. 260
Protests 56893-K of Gribbon Co.

Opinion of the Court

*261Opinion by

Eicwall, 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 entries. The protests were sustained to this extent.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.