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MATTER OF LANDERSMAN

280 A.D. 963 (1952)

In the Matter of the Arbitration between Donald Landersman, Appellant-Respondent, and Rudolf L. Selig et al., Respondents-Appellants, et al., Defendants

Appellate Division of the Supreme Court of the State of New York, First Department.

November 5, 1952.

Order of Special Term unanimously modified insofar as it granted a stay against the corporation from proceeding with the arbitration and the motion in respect to the corporation denied and, as so modified, affirmed, with $20 costs and disbursements to respondents-appellants.

The corporation is bound by the preincorporation agreement (Morgan v. Bon Bon Co., 222 N.Y. 22, 27; Jermyn v. Searing, 225 N.Y. 525, 538; Matter of Super Trading Co.,

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