OPINION
FRANCIS J. W. FORD, District Judge.
These are two actions by Banco Espanol de Credito, a corporation of Spain, against the State Street Bank and Trust Company, a Massachusetts corporation, based upon two irrevocable letters of credit issued by defendant on or about November 15, 1962 at the request of defendant's customer, Robert Lawrence, Inc. for the benefit of certain Spanish manufacturers from whom Lawrence was ordering certain garments. In No...
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