Lewisohn Importing & Trading Co. v. United States

This appeal brings up for determination the question of the legality of a reappraisement proceeding. The importation was one of feathers purchased at public auction held by the General Produce Brokers’ Association in London. The invoice, in so far as pertinent, recites:

Total invoice value.. o O r-H ® h-T

Lot money, 129 lots at Is.: 6 9 0

Brokerage £ per cent. o Ci rH W

8,036 18 0

Less cash discount, 14 days, at 5 per cent per annum. 15 8 3

8,021 9 9

(Appraiser’s notation:) Appraiser advances to make market value by disallowing this deduction.

Without indulging unwarranted incredulity these facts…