Central Bank v. United States

_ This grant of certiorari requires us to construe the provision of the Assignment of Claims Act of 1940 (54 Stat. 1029, 31 U. S. C. § 203) which provides:

“Any contract entered into by the War Department or the Navy Department may provide that payments to an assignee of any claim arising under such contract shall not be subject to reduction or set off, and if it is so provided in such contract, such payments shall not be subject to reduction or set off for any indebtedness of the assignor to the United States arising independently of such contract.”1

The facts of the case are not in dispute.…