47 Pa. Super. 437 | Pa. Super. Ct. | 1911
By the terms of the lease from the plaintiffs to the defendant, the rent of 120,000 for the entire term of five years was payable in quarterly installments of $1,000 each, and in case of default in payment of any installment the whole of the unpaid rent for the entire term became due
The learned counsel for the appellants concedes that, where the debt is single, and where the instrument contains a warrant of attorney to confess judgment, either in the amount of the actual indebtedness or for a conditional or penal sum, the rule undoubtedly is that one exercise of the power exhausts it. But he contends that this case is distinguishable from the numerous cases in which this
The order is affirmed and the appeal dismissed at the costs of the appellants.