C. M. McLean & Sons, Inc., made a contract with the state of New York on June 12, 1931, to furnish materials and erect an armory at Kingston in that state for an agreed price to be paid to the contractor at times and on conditions as stated in the agreement. Two paragraphs of the contract follow:
"102. If the Contractor shall abandon the work under his contract, or fail or refuse to conform...
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