S. A. Wenger & Co. v. Propper Silk Hosiery Mills, Inc.

The petitioner herein sets forth a written contract for the purchase and sale of silk entered into by it with the Propper Silk Hosiery Mills, Inc., which contains the following arbitration clause:

“ Arbitration. In the event of any dispute arising relative to the fulfillment of any of the above terms, and failing an amicable adjustment, it shall be settled by arbitration, under the rules of the Silk Association of America, the decision of the Arbitrators to be final and binding on both parties.”

It further alleges that a dispute has arisen between the parties under the contract with respect to…