MANTON, Circuit Judge.
We shall refer to the parties as they were below. This action is for the conversion of 2,500 horsehides which were shipped, pursuant to a bill of lading, from France to the United States. The plaintiffs, bankers in Boston, Mass., gave the defendants a letter of credit for $33,000 to secure to them the purchase price of the horsehides which had been sold to the Roden Leather Company, of Grand Rapids, Mich., by the defendants. The Roden Leather...
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