SOVIET AMERICAN SECURITIES CORPORATION v. BOLGER


16 F.Supp. 622 (1936)

SOVIET AMERICAN SECURITIES CORPORATION v. BOLGER.

District Court, D. New Jersey.

October 14, 1936.


Attorney(s) appearing for the Case

Nathaniel Weltchek, of Elizabeth, N. J., for plaintiff.

Haines & Chanalis, of Newark, N. J., for defendant.


FAKE, District Judge.

All of the facts involved here are before me on stipulation, and trial by jury is waived. Reference to the stipulation should be made for a more complete statement.

On the 13th of April, 1934, an act of Congress became effective entitled "An Act to prohibit financial transactions with any foreign government in default on its obligations to the United States." 48 Stat. 574, U.S.C.A. title 31, § 804a. This act, among other things,...

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