READER v. HIRSCH & CO.


197 F.Supp. 111 (1961)

Charles D. READER and Patricia Reader, Plaintiffs, v. HIRSCH & CO., Defendant.

United States District Court S. D. New York.

August 1, 1961.


Attorney(s) appearing for the Case

Hays, St. John, Abramson & Heilbron, New York City, for plaintiffs; Osmond K. Fraenkel, New York City, of counsel.

Guggenheimer & Untermyer, New York City, for defendant.


DAWSON, District Judge.

Hirsch & Co. has brought on a motion, pursuant to section 3 of the United States Arbitration Act, 9 U.S.C. § 3, to stay this action and all proceedings herein until arbitration may be had of the dispute between the parties. The claim for arbitration is founded on two agreements which provide that "any controversy [between the parties] * * * shall be settled by arbitration * * *." Customer's Agreement, paragraph 16. A similar provision...

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