Braverman v. Braverman

Complainant seeks an injunction pendente lite restraining defendant from prosecuting an action at law. He entered into a contract with defendant by which he agreed to purchase stock of a corporation, and to pay therefor in installments at the rate of $25 a week. The contract contained an acceleration clause providing that in case of default in making the payments, the vendor had the right to demand payment of the entire balance due. The stock was placed in escrow with two custodians pending the completion of the transaction. Complainant defaulted and defendant demanded payment in accordance…