Koewing v. Thalmann

123 A.D. 398, 107 N.Y.S. 1042, 1908 N.Y. App. Div. LEXIS 69

This text of 123 A.D. 398 (Koewing v. Thalmann) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Koewing v. Thalmann, 123 A.D. 398, 107 N.Y.S. 1042, 1908 N.Y. App. Div. LEXIS 69 (N.Y. Ct. App. 1908).

Opinion

Ingraham, J.:

The action is brought to recover the damages sustained by the plaintiff caused by the negligence of defendants'in relation to the exchange of stock of the National Salt Company, owned' by the plaintiff, for stock and bonds of the International. Salt Company. The answer, after denying certain allegations of the complaint, for a separate defense to the cause of action alleges that in the month of February, 1903, the plaintiff requested' the defendants to submit to arbitration the question as to defendants’ liability on account of the cause of action set out in the complaint; that the defendants accepted in writing the plaintiff’s suggestion, and in pursuance of said suggestion the question was submitted to Mr. Rudolph Keppler, president of the New York Stock Exchange, and decided by the arbitrator in favor of the defendants. To this separate defense the plaintiff demurred, which demurrer was overruled.

It seems to me that this defense is insufficient. There is no allegation of a formal agreement to Arbitrate or of the appointment of the arbitrator and his award. The allegation is that there was a request by the plaintiff to. submit to arbitration the question As to-the defendants’ liability on account of the cause of action set up in the complaint; that defendants accepted in writing the plaintiff’s suggestion ; that in pursuance of said suggestion the question was in fact submitted to Mr. Rudolph Keppler, president of the New York Stock Exchange, and decided by said arbitrator in favor of the defendants. There was here no allegation of an actual agreement to arbitrate; no allegation that Mr. Rudolph Keppler was appointed by the parties either under the statute

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Bluebook (online)
123 A.D. 398, 107 N.Y.S. 1042, 1908 N.Y. App. Div. LEXIS 69, Counsel Stack Legal Research, https://law.counselstack.com/opinion/koewing-v-thalmann-nyappdiv-1908.