Kaye v. Zevin

A stipulation was entered into between the parties, which provides, in substance, that the judgment for $712.45 be “ settled ” for the sum of $300, $100 of which was paid forthwith, and $200 in eight months, payable $25 monthly, commencing the 1st day of June, 1927, and on the first day of each and every month thereafter until the total of the eight notes was paid, and that “ in the event of default in the making of any one payment, the plaintiff is to be free to proceed upon the judgment herein for the full amount thereof less any payments made to the date of said default.” The checks for…