Chase Lincoln First Bank, N. A. v. Watson

—Order unanimously reversed on the law without costs, and plaintiff’s motion granted. Memorandum: Plaintiff, as executor of the estate of Dr. James Sibley Watson, Jr., sued defendant, Dr. Watson’s daughter-in-law, to recover the payments due on an installment contract for the sale of a family farm relative to a family farm in Massachusetts which Dr. Watson transferred to defendant in 1978. The contract provided for 10 annual installments of $12,000 each. Plaintiff acknowledged that Dr. Watson forgave the first two installments, but moved for summary judgment to recover the balance due.

Special…