The corporate defendant is a close corporation, originally owned by plaintiff and his two brothers, Harry and Leonard. On April 2, 1975, plaintiff sold his stock to the corporation for the total sum of $250,000, with a $50,000 down payment and the balance payable in 60 quarterly installments, with interest at the rate of 10% per year. Paragraph 13 of the agreement provided for acceleration of the unpaid balance of the
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