Banque De France v. Chase Nat. Bank of City of New York

MANTON, Circuit Judge.

Appellees each received a shipment of bars of refined gold from the Garantie und Kreditbank fur don Osten, A. G., Hamburg, Germany, and this, by order and for the account of the State Bank of the Union of Soviet Socialist Republics. The shipment to the Chase Bank consisted of 204 bars of refined gold, 110 of which were produced by the Sverdlovsk Refinery and the balance at the Moscow Refinery; the shipment to the Equitable Trust Company contained 202 bars all of which were produced by the Moscow Refinery. While the bars were in the possession of eaeh appellee in New York…