Smith Fireproof Construction Co. v. Thompson-Starrett Co.

The respondent, Smith Fireproof Construction Company, Inc., made a contract with the appellant, Thompson-Starrett Company, whereby, for a consideration expressed, it agreed, as “ Sub Contractor,” to perform all concrete construction work required in the erection of a building, which the Thompson-Starrett Company, designated “ Contractor,” had agreed to erect. The contract contained the following provision: “ In case the parties hereto disagree in relation to any clause in this contract, the question shall be referred to a Board of Arbitration consisting of three (3) disinterested parties, one…