An arbitration clause in the statutes of a cooperative society, referring disputes arising from the statutes and “more generally from the corporate relationship” to arbitrators, must be interpreted restrictively, since provisions providing for arbitration constitute a derogation from ordinary jurisdiction and the expressions used therein must be construed strictly and in a technical sense.
Arbitrators vested with jurisdiction over disputes arising from the corporate relationship between a cooperative and a member do not have jurisdiction over the matter of compensation for occupation subsequent to the loss of membership, as such a claim is no longer anchored to the corporate relationship but to the exchange relationship.