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DET FORENEDE DAMPSKIBS SELSKAB v. INSURANCE CO. OF. N. A.

No. 212.

31 F.2d 658 (1929)

DET FORENEDE DAMPSKIBS SELSKAB v. INSURANCE CO. OF NORTH AMERICA.

Circuit Court of Appeals, Second Circuit.

April 1, 1929.

Attorney(s) appearing for the Case

Ira A. Campbell and Kirlin, Woolsey, Campbell, Hickox & Keating, all of New York City (Roger B. Siddall, of New York City, on the brief), for appellant.

D. Roger Englar and Bigham, Englar & Jones, all of New York City (Oscar R. Houston and M. P. Detels, both of New York City, on the brief), for appellee.

Before L. HAND, SWAN, and CHASE, Circuit Judges.

L. HAND, Circuit Judge (after stating the facts as above).

It was settled by Hicks v. Guinness, 269 U.S. 71, 46 S.Ct. 46, 70 L. Ed. 168, certainly after the explanation given in Deutsche Bank v. Humphreys, 272 U.S. 517, 47 S.Ct. 166, 71 L. Ed. 383, that, when a sum is payable in the United States in dollars, any conversion from foreign currency necessary to its calculation is to be made at the exchange...

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