In re the Arbitration between Young & Deschler

On September 30, 1949, the petitioners and the respondents entered into a written agreement, by which the individual respondent Deschler transferred to the corporate petitioner Young’s Windows of America, Inc., the business which Deschler had been conducting under the trade-name “ Young Windows of America,” together with its good will, trade-marks and trade-names. The agreement was made in settlement of a pending action and of claims of unfair com*812petition not yet in suit asserted by both parties. It, in effect, bound the respondents, Deschler and his corporation, to discontinue making or…