DUTCH-AM. MERCANTILE CORP. v. COTRA CORP.


285 A.D. 55 (1954)

Dutch-American Mercantile Corporation, Respondent, v. Cotra Corporation, Appellant, et al., Defendant

Appellate Division of the Supreme Court of the State of New York, First Department.

December 7, 1954.


Attorney(s) appearing for the Case

Martin B. Stecher of counsel (Helman & Hurwitz, attorneys), for appellant.

Emanuel Becker of counsel (Becker & Martin, attorneys), for respondent.

PECK, P. J., CALLAHAN, BREITEL and BASTOW, JJ., concur.


BERGAN, J.

Defendant Cotra is a New York corporation which sells merchandise in international transactions. Plaintiff Dutch-American Mercantile Corporation is engaged, among other things, in the purchase and sale of foreign currencies.

It may be noted that one problem which confronts the seller of merchandise exported to areas not using dollar currency is to convert to dollars the money furnished by the...

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