Porter v. Norton-Stuart Pontiac-Cadillac of Enid

JACKSON, Vice Chief Justice:

This indemnity action by Norton-Stuart Pontiac-Cadillac of Enid, as plaintiff, against Grayson Porter and Sun Electric Corporation, as defendants, followed the out-of-court settlement of $12,750.00 of a prior action for damages for $98,000, filed against them by Frank Smith. Of the $12,-750 settlement, Norton-Stuart contributed $6,000, and in this action seeks to recover from Sun Electric that sum plus counsel fees and costs. At the time of the prior settlement, with Smith, the parties executed a stipulation reserving without prejudice for future determination the…