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ASHEVILLE MICA COMPANY v. COMMODITY CREDIT CORPORATION

239 F.Supp. 383 (1965)

ASHEVILLE MICA COMPANY, Eugene Munsell & Co. and Schwab Brothers Corporation, Plaintiffs, v. COMMODITY CREDIT CORPORATION, Defendant. MANCHARD TRADING CORPORATION, Plaintiffs, v. COMMODITY CREDIT CORPORATION, Defendant. UNITED MINERAL & CHEMICAL CORP. and Sigbert Loeb, Plaintiffs, v. COMMODITY CREDIT CORPORATION, Defendant.

United States District Court S. D. New York.

March 4, 1965.

Attorney(s) appearing for the Case

Alfred P. Walker, New York City, for plaintiffs Asheville Mica Co., Eugene Munsell & Co. and Manchard Trading Corporation.

George Trosk, New York City, for plaintiff Schwab Brothers Corp.

Joseph Eisinger, New York City, for plaintiffs United Mineral & Chemical Corp. and Sigbert Loeb.

Robert M. Morgenthau, U. S. Atty. for Southern District of New York, New York City, for Commodity Credit Corp. (Eugene R. Anderson and Arthur M. Handler, Asst. U. S. Attys., of counsel).

RYAN, Chief Judge.

These suits were filed for a declaratory judgment (Federal Declaratory Judgment Act, Title 28 U.S.C.A. §§ 2201, 2202) and for damages and interest for alleged breach of contract. They involve interpretation of the price revision clause in Commodities Exchange contracts entered into severally between defendant and plaintiffs.

Plaintiffs seek as damages the difference between the prices allowed, as exchange values by defendant to...

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