N. Y. Rayon Importing Co. v. United States

These three suits are brought on two judgments rendered in 1931 by the United States Customs Court for the recovery of excessive duties paid by importers of rayon yarn. The duties were collected during the years 1925-1929. The *622calculations pursuant to judgments showed the excess collections totaled $393,292.46.

Three checks were drawn in payment of these judgments, but the General Accounting Office refused payment on the ground that the payee corporations had been dissolved. The proceeds of the checks were deposited in the Treasury in a trust fund entitled “Outstanding Liabilities 1938”,…