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BANKING & TRADING CORP. v. RECONSTRUCTION FINANCE CORP.

147 F.Supp. 193 (1956)

BANKING AND TRADING CORPORATION, Limited, also called Perseroan Bank Dan Perniagaan, Plaintiff, v. RECONSTRUCTION FINANCE CORPORATION, Defendant.

United States District Court S. D. New York.

November 30, 1956.

Attorney(s) appearing for the Case

Delson, Levin & Gordon, New York City, Robert Delson, Louis C. Bial, and Carl Slater, New York City, of counsel, Murray C. Bernays, and Ellis J. Freedman, Trial Attorneys, New York City, for plaintiff.

Charles R. L. Hemmersley, New York City, Abram Glaser, New York City, of counsel, for defendant Reconstruction Finance Corp.

WALSH, District Judge.

Plaintiff, an Indonesian corporation, claims for the purchase price of a cargo of rubber which it allegedly sold Rubber Development Corporation, a now dissolved subsidiary of the defendant, and which was confiscated by the Dutch during its attempted exportation from Indonesia. It claims that the exchange of communications between its commission merchant, Isbrandtsen Incorporated, and R. D. C. constituted a contract for the sale and that by loading...

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