Metropolitan Finance Corporation of California v. Clifton C. Pierce and Eileen E. Pierce

CHAMBERS, Circuit Judge.

Here we must grope to try to find out what, if the parties had really thought about two irrigation ditch assessments of Nevada canal companies, they would have thought. In this diversity case between citizens of California and a Delaware corporation, we have a written agreement for the exchange of Los Angeles real estate, formerly owned by Metropolitan, the plaintiff and appellant, and Nevada farm land formerly owned by the Pierces, defendants and appellees. The agreement was signed by Metropolitan on December 28,1951, and by the Pierces on January 5, 1952. Thereafter,…