Plaintiff, as broker, negotiated the sale of all stock wholly owned by defendants of a corporation operating a retail chain store business for $1,000,000, payable $600,000 on the date of closing the contract of sale and the balance of $400,000 in 15 equal semiannual installments. Defendants' stock was to be held in escrow as collateral security for any unpaid balance. The sales agreement provided...
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