Section 206. Appointment of arbitrator when questions are to be determined by arbitration

206. Appointment of arbitrator when questions are to be determined by arbitration. 207. Vacancy of arbitrator to be supplied. 208. Appointment of umpire. 209. Power of arbitrators to call for books, &c. 210. Costs to be in discretion of arbitrators. 211. Submission to arbitration may be filed in Court. 212. Certain attachments, distresses and executions to be void. 213. Fraudulent preference. 206. When any dispute so directed to be settled by arbitration has arisen, then, unless both parties concur in the appointment of a single arbitrator, each party, on the request of the other party, shall by writing under his hand nominate and appoint an arbitrator to whom such dispute shall be referred. After any such appointment has been made, neither party shall have power to revoke the same without the consent of the other, nor shall the death of either party operate as such revocation. If for the space of fourteen days after any such dispute has arisen, and after a request in writing has been served by the one party on the other party to appoint an arbitrator, such last-mentioned party fail to appoint such arbitrator, then upon such failure the party making the request, and having himself appointed an arbitrator, may appoint such arbitrator to act on behalf of both parties, and such arbitrator may proceed to hear and determine the matters in dispute; and in such case the award or determination of such single arbitrator shall be final. Vacancy of arbitrator to be supplied.