In re the Arbitration between Astey & Smith

The petitioners herein, Robert Astey and Frank Pirrone, move, pursuant to section 1462 of the Civil Practice Act, to vacate the arbitrators’ award on the ground that said arbitrators exceeded their powers or so imperfectly executed them that a mutual, final and definite award upon the subject matters submitted was not made. In addition, said petitioners also move, in the alternative and pursuant to section 1462-a of the Civil Practice Act, to modify or correct the aforesaid award on the ground that said arbitrators made an award upon matters not submitted to them and not affecting the merits…