Barlow Brothers Co. v. Gager

Early in 1927 Patrick H. Carroll had in course of construction in Waterbury a large apartment house. Because of lack of capital it became impossible for him to complete the building. Thereupon a meeting was held, at which he, the representatives of a large number of creditors having mechanics’ liens or rights of lien upon the property, and the defendant, who is a practicing attorney in Waterbury, were present. The plaintiff was one of these creditors. As a result of the meeting an agreement was drawn up between Carroll, the defendant and the creditors, the principal provisions of which were…