15 Cust. Ct. 307

No. 50622.

Protest 50923-K of Geo. S. Bush & Co., Inc. (Portland, Oreg.).

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 entries involved. The protest was sustained to this extent.

Protest 50923-K of Geo. S. Bush & Co.
15 Cust. Ct. 307

Case Details

Name
Protest 50923-K of Geo. S. Bush & Co.
Decision Date
Oct 26, 1945
Citations

15 Cust. Ct. 307

Jurisdiction
United States

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