The underlying action herein was commenced by plaintiff, a real estate broker, to recover damages based upon an unpaid real estate commission. When the case was reached for trial on March 7, 1974, a stipulation of settlement was entered into by the parties whereby it was agreed that, in settlement of the litigation, defendant Skylane Inn Corp. (Skylane) would pay plaintiff $6,500 on or before April 1, 1974 and $500 each and every quarter thereafter until a total of $15,000...
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