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CONSOLIDATED ALUMINUM CORP. v. BANK OF VIRGINIA

Civ. No. K-80-1771.

544 F.Supp. 386 (1982)

CONSOLIDATED ALUMINUM CORPORATION v. BANK OF VIRGINIA and Graf-Comm, Inc.

United States District Court, D. Maryland.

June 29, 1982.

Attorney(s) appearing for the Case

David F. Albright, Richard M. Kremen, William L. Hallam and Semmes, Bowen & Semmes, Baltimore, Md., for plaintiff.

Donald E. Sharpe and Karen L. Myers Zauner, Baltimore, Md., for defendant, Bank of Virginia.

Defendant Graf-Comm, Inc., unrepresented.

FRANK A. KAUFMAN, Chief Judge.

This case1 presents the issue of whether or not presentment of a draft after the expiration date of a letter of credit may be excused because of delay in the mails.2 Plaintiff Consolidated Aluminum Corp. (Consolidated), relying on § 3-511(1)3 of the Uniform Commercial Code (UCC), maintains that such...

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