Case Name: L. VOGELSTEIN & CO., INC., v. THE UNITED STATES
Court: Supreme Court of the United States
Jurisdiction: United States
Decision Date: 1923-05-21
Citations: 58 Ct. Cl. 711
Docket Number: 
Parties: L. VOGELSTEIN & CO., INC., v. THE UNITED STATES.
Judges: 
Reporter: United States Court of Claims Reports
Volume: 58
Pages: 711–711

Head Matter:
L. VOGELSTEIN & CO., INC., v. THE UNITED STATES.
[56 C. Cls. 362 ; 262 U.S. 337.]
Judgment was rendered in favor of the United States in the court below. On appeal the judgment was affirmed, and the Supreme Court decided:
Just compensation for copper taken by the United States for war purposes under the Act of June 3, 1916, c. 134, secs. 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.

Opinion:
Mr. Justice Butler
delivered the opinion of the Supreme Court May 21,1923.