United States v. Paramount Distillers, Inc.

JONES, Chief Judge.

In this action the United States sues on behalf of the Commodity Credit Corporation to recover the balance due of the purchase price of Irish potatoes delivered to defendant under three contracts, and incidental shipping, charges. The action is founded upon Title 15 U.S.C.A. § 714. That Section transformed the original Commodity Credit Corporation, a Delaware corporation, into a federal corporation on June 30, 1948, and provided that the new corporation could enforce the claims of its predecessor.. Section 714n. It also imposed a four year period of limitation on suits by…