Crompton-Richmond Co. v. William Nelligan, Inc.

This is a motion by the defendant to stay proceedings until arbitration can be had between the parties, pursuant to section 1451 of the Civil Practice Act. The plaintiff cross-moves for enforcement of a stipulation of settlement of the action between the parties.

The action is for goods sold and delivered by plaintiff’s assignor, to the defendant corporation and against the individual defendants on their written guaranty of payment. The defendants interposed answers which in addition to denials, set up affirmative defenses and a counterclaim.

The action was commenced in September, 1955; the…