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L. VOGELSTEIN & CO., INC. V. UNITED STATES, 262 U. S. 337 (1923)

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U.S. Supreme Court

L. Vogelstein & Co., Inc. v. United States, 262 U.S. 337 (1923)

L. Vogelstein & Company, Inc. v. United States

No. 269

Argued March 5, 6, 1923

Decided May 21, 1923

262 U.S. 337

Syllabus

Just compensation for copper taken by the United States for war purposes under the Act of June 3, 1916, c. 134, §§ 120, 123, 39 Stat. 215, is to be measured by the market value of the copper at the time of the taking, and not by higher prices which the owner was obliged to pay under long-time purchase contracts. P. 262 U. S. 340.

56 Ct. Clms. 362 affirmed; motion to remand denied.

Appeal from a judgment of the Court of Claims.





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