MATTER OF I. S. JOSEPH CO., INC.


54 A.D.2d 665 (1976)

In the Matter of the Arbitration between I. S. Joseph Company, Inc., Appellant, and Toufic Aris & Fils, Respondent

Appellate Division of the Supreme Court of the State of New York, First Department.

October 28, 1976


Affirmed, with $40 costs and disbursements to respondents.

The stay pending appeal by order of this court dated August 26, 1976 is vacated. Petitioner seller (hereinafter "Joseph"), based in Minnesota, and respondent buyer (hereinafter "Toufic"), based in France and Lebanon, entered into an oral agreement for the sale by Joseph to Toufic of a quantity of grain. Each side promptly sent the other a telex confirmation note...

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