Imperial-Yuma Production Credit Ass'n v. Shields

This is the third appeal in the instant action. For a more complete statement of the facts see Imperial-Yuma Production Credit Association, a Corporation, v. Shields, 88 Cal.App.2d 328 [198 P.2d 951]; and 74 Cal. App.2d 932 [169 P.2d 671]. On the third trial, settlement was made by a stipulation that defendants were entitled to a credit of $1,685.97 by reason of wheat delivered by defendants but for which they were not credited on the note. The issues *548were then narrowed down to the question of whether defendants were entitled to an offset or counterclaim against the balance of $1,508.93 due…