Culmone v. American Express Co.

This litigation grew out of the plaintiff's attempt during the war to effect payment of money that he owed to one Adragnia of Alcamo in Italy. To this end, on June 13, 1941, he paid to the defendant's agent at Passaic, New Jersey, $2,431.85 for a cable transfer of 60,000 misto lire to Adragnia at Alcamo. Italian foreign exchange regulations divided lire into several classes according to the origin of the fund and the purpose for which it could be used: Misto lire, emigrant lire, tourist lire and free lire. The same day that the plaintiff arranged for the transfer, the defendant cabled its…