The necessary facts are that there existed a three-party relationship; defendant, a contractor who was to build a house; Kramer [and his daughter Meilinger], for whom the house was to be built; and Schweizer, a materialman supplying materials for the house. Kramer gave defendant $7,525 in three installments to be used in connection with building the house. Sections 70, 71 and 72 of the Lien Law state that such funds are to be held by the contractor...
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