Pincus v. Collins

Under a written contract, signed and acknowledged by all the parties, appellee furnished the material and constructed a dwelling house for appellants. Certain payments were to he made at the beginning of the work and at the completion and still further payments were to he made monthly thereafter, and for the security of these payments, the following stipulation was inserted in the contract:

“It is further agreed that the party of the first part shall retain a lien upon the above described house until same has been paid in full. ’ ’

More than one year after the last payment had become due,…