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FEDERAL INSURANCE CO. v. PIPECO STEEL

125 N.J. Super. 563 (1973)

312 A.2d 510

FEDERAL INSURANCE COMPANY, PLAINTIFF-RESPONDENT, v. PIPECO STEEL CORPORATION, DEFENDANT, v. PIPECO STEEL COMPANY, INC., DEFENDANT-APPELLANT.

Superior Court of New Jersey, Appellate Division.

Decided December 7, 1973.

Attorney(s) appearing for the Case

Messrs. Stryker, Tams & Dill, attorneys for appellant (Mr. Richard V. Jones, of counsel).

Mr. Robert G. Saliba, attorney for respondent.

Before Judges HALPERN, MATTHEWS and BISCHOFF.

PER CURIAM.

Defendant appeals from a summary judgment entered in favor of plaintiff in the sum of $3,533.29.

Pipeco Steel Corporation, a New Jersey corporation (hereinafter New Jersey Pipeco) imported three separate shipments of steel from Japan which were subject to import duty. In order to obtain immediate possession of the steel without waiting for a determination by Customs officials as to the amount of duty owed, New Jersey Pipeco furnished three bonds...

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