New York Court of Appeals

The New York Lumber and Wood Working Company, Appellant v. Morris Schnieder, Respondents

February 25, 1890119 N.Y. 475

Summary

The Court of Appeals affirmed the lower court's dismissal of the plaintiff's suit to foreclose a mechanic's lien, holding that the arbitration award was conclusive and barred any further action on the original contract claim, and that the arbitrators were entitled to retain the award as security for their fees.