Hamilton

Hamilton v. Hollman

Good Law
102 Cal. App. 166·1929 Cal. App. LEXIS 95·282 P. 977
Court of Appeal of CaliforniaNovember 26, 1929Docket No. 6114.California901 words

Opinion

Lead Opinion

The parties to the above action, who were formerly husband and wife, made a property settlement on July 14, 1921. The material parts of the agreement in which the defendant is named as the first party and the plaintiff as the second party, are as follows: “The parties hereto have agreed and do hereby agree as follows, to wit: 1. That said first party hereby agrees to pay said second party the sum of Fifteen hundred dollars ($1500) upon the execution of this agreement, and the additional sum of Eight thousand five hundred dollars ($8500) within three years from the date hereof. Said sum of $8500 to be evidenced by a promissory note a copy of which is hereto annexed and made a part hereof. ... 2. That said party of the first part further agrees to pay said party of the second part the sum of $150 per month, in advance, beginning with the date hereof, until the remarriage or death of said second party, or payment of said sum of $8500. It is further understood and agreed that said payments of $150 per month shall be reduced pro rata Avith the reduction by payments of the sum of $8500, and entirely cease when said sum of $8500 has been fully paid. In the event that said first party…

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