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MATTER OF TRANSPACIFIC TRANSPORT CORP. v. SIRENA SHIPPING CO.

16 Misc.2d 217 (1959)

In the Matter of the Arbitration between Transpacific Transport Corp., Petitioner, and Sirena Shipping Company, S. A., Respondent.

Supreme Court, Special Term, New York County.

January 22, 1959.

Attorney(s) appearing for the Case

Nelson, Healy, Baillie & Burke (Raymond J. Burke of counsel), for petitioner.

Bigham, Englar, Jones & Houston (Sheldon A. Vogel of counsel), for respondent.

CHARLES A. LORETO, J.

Motion for an order compelling the respondent to proceed with arbitration pursuant to a written agreement under the terms of the contract, made on January 23, 1958, in the City of Montreal, Province of Quebec. The petitioner agreed to buy a Liberty steamship named "Lomaland" from the respondent for the purchase price of $487,500. The agreement stipulates that the buyer shall have the option...

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