EDWARDS, J.
Plaintiff and appellee, Grover C. Good, brought suit for the balance of moneys he claimed to be due under a written contract between himself and defendant and appellant, Modern Globe, Inc., a Michigan corporation, hereinafter referred to as Globe, said contract being dated May 1, 1951.
The pertinent portions of the contract in question, the execution of which is admitted by the parties, are as follows:
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