OSBORNE & THURLOW v. HIRSCH & CO.


10 Misc.2d 225 (1958)

Osborne & Thurlow, Plaintiff, v. Hirsch & Co., Defendant.

Supreme Court, Special Term, New York County.

January 30, 1958.


Attorney(s) appearing for the Case

Raymond J. McGrover for plaintiff.

Guggenheimer & Untermyer for defendant.


ARON STEUER, J.

This motion pursuant to section 1451 of the Civil Practice Act, to stay the action until arbitration has been had, raises two questions.

Both parties were member firms of the New York Stock Exchange. The constitution of the exchange provides for arbitration of disputes between member firms and there is no claim that an agreement to arbitrate in this form is not binding. However plaintiff...

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