Schall v. Newton

Upon the stipulated facts, and the undisputed oral and documentary evidence, we are of the opinion that the goods admittedly belonging to the plaintiffs would not have been released from the control of the Collector of Customs and delivered into the hands of one admittedly not entitled thereto were it not for the agreement legally entered into between the defendant Newton and the defendant guaranty company to effect such release and delivery upon the giving of the bond, and that such bond was given pursuant to legal authority vested in the Collector for the precise and specific purpose of…