Flood v. Clark

STANLEY MILLEDGE, Associate Judge.

Desiring to build and market a co-operative apartment house, a partnership in which Flood was the manager, employed Shinn, a general contractor, to erect the building for $369,040 (with extras). The contract was in the printed American Institute of Architects form for use between owner and contractor. Article IV of this form deals with progress and final payments. The spaces to be filled in indicating the proportion of the contract price to be paid at designated stages of progress in construction were all left blank. Instead, these words after “Progress…