Order affirmed, with $20 costs and disbursements.
The negotiating committees for the parties executed a "Memorandum of Agreement" which stated, inter alia, that if the parties were unable to agree on the necessary language in drawing up their contract, such dispute would be submitted to arbitration. At the top of the memorandum the following was written: "Outline form only — subj. to lang. and approval of B of E and ratification by Tchs. Assn." While...
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