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HomeMy WebLinkAbout1357 ~ ~ ~ 1 the affirmative defenses (other than-a procedural one) are t based solely upon the premise that 'Article XI is in violation 1 f of public policy because-the article as quoted has a tendency to restrain real estate brokers in the exercise of their trade thus stifling cor~pstition in the real estate business- and - - creating a monopoly. The trial judge agreed. - There is no doubt this quoted clause is very one-si~edly in favor of the developer,l however, as we have said, the only issue-presented to us, and the trial judge, is whether or not the clause is in restraint of trade. The Florida case cited to us on this question is Stewart v. Stearns & Culver Lumber Co., 48 So. 19 (Fla. 1908). In Stewart the-owner of a sawmill, employing a large percentage of the population of a local community, entered into a con- tractual arrangement with a general store owner under which the mill was to issue checks or coupons to its employees against their wages. The coupons would be exchangeable €or merchandise o_n1y at the general store, so by such means the general store owner had a lock on all the shopping of the majority of the population in the community. The court found that such an arrangement effectively prevented any other rival shopkeepers from competing and that the ariangetaent was injurious and ! ' detrimental to the general public welfare of the community. - The set-up in Stewart appears to be a far cry from the case now before us. Here we have an exclusive rental arrangement, set forth in a binding contract between the parties, covering but 1585 lots, each only 2100 square feet, in a recreational park, slap dab in the middle of one of the - fastest developing residential areas in the entire United States . 2 1. However, all parties concede that the sale of the lots ~ themselves was without profit - the profit to come from this rental arrangement. ~ 2. We confess to a taking of judicial notice of the population s and building explosion in and around Stuart, Fort Pierce, ~ Hutchison Island and Nettles Island, the brokers trade ~ area referred to in the transcript. - i - t 4 -3- 8001 L~ P~GF~~~ t