Jacobson v. Jacobson

A decree of divorce entered in the Superior Court of Cook County on August 18, 1960 contained the following provision which is the basis of this appeal:

“The Court further finds that the parties have entered into a settlement agreement subject to the approval of this Court, as follows:

“1. Defendant shall pay to the plaintiff the sum of $15,000 as a lump sum settlement in lieu of all alimony, support, dower, property rights, rights of inheritance, and all other such rights, payable as follows:

$4,000 upon the entry of this Decree;

$1,750 on June 1,1961;

$1,750 on December 1,1961;

$1,750 on June…