Thorn v. Hambleton

Prior to the institution of the present proceeding, plaintiff brought two separate actions against the defendants for the foreclosure of two separate mortgages. The cases were consolidated, but before coming to trial a written agreement of settlement was entered into by which the amount due plaintiff was adjusted at $815, which defendants undertook to pay within sixty days, with an option on their part to take a year’s time upon securing the debt by mortgage. In the event of defendant’s failure to thus pay or secure the debt, the plaintiff reserved the right, to proceed with the original…