In Re Estate of Powers

— The arguments revolve around an agreement for arbitration made between the intestate and the claimant, dated June 26, 1916, and the proceedings thereunder, particularly an agreement of settlement dated July 11, 1916. By the agreement of arbitration, all claims and demands which either party had against the other, whether barred by the statute of limitations or not, were submitted to arbitrators. The parties filed formal statements of their claims, and proceeded with the hearing before the arbitrators July 7, 1916. On July 11, 1916, they executed the following agreement:

“ * * * That the said…