E. F. Keating Co. v. City of New York

The action is brought by a subcontractor to foreclose a lien for a public improvement. According to the stipulation of facts, the principal contractor, after doing a large part of the work contracted for, failed to complete, and on the 18th day of June, 1907, was adjudged a bankrupt and a trustee in bankruptcy was appointed. On the 2d day of July, 1907, the city authorities notified the bankrupt eon-*562tractor to discontinue all work under the contract and that the city would proceed to complete the work in tké manner provided by the terms thereof. The ground of this action by the city…