Plaintiff and defendant Peter J. Skocigoric were joint owners of two standardbred racehorses. In an effort to settle a disagreement over the payment of past and prospective maintenance costs for the horses, the parties entered into a stipulation. The stipulation provided, inter alia, that if plaintiff and Skocigoric were unable to reach an agreement by October 27, 1982, the horses would be sold at the best price available.
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