Ashton v. Ashton

JENNINGS, Justice.

This appeal involves the interpretation and application of a property settlement agreement entered into by Leona M. Ash-ton, plaintiff below (hereinafter called “Appellant”) and J. R. Ashton, defendant below (hereinafter called “Appellee”).

The agreement (hereinafter called Property Settlement Agreement) made part of a judgment and divorce decree rendered September 18, 1954, reads in part:

“In computing the amount to be paid by First Party to Second Party as specified in sub-paragraph 2 of Paragraph 1 hereof, First Party and Second Party and their respective counsel appraised…