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ASHTON v. ASHTON

No. 6652.

89 Ariz. 148 (1961)

359 P.2d 400

Leona M. ASHTON, Appellant and Cross-Appellee, v. J.R. ASHTON, Appellee and Cross-Appellant.

Supreme Court of Arizona.

Rehearing Denied March 14, 1961.

Attorney(s) appearing for the Case

Evans, Kitchel & Jenckes, Phoenix, for appellant and cross-appellee.

Moore & Romley and Robert H. Green, Phoenix, for appellee and cross-appellant.

JENNINGS, Justice.

This appeal involves the interpretation and application of a property settlement agreement entered into by Leona M. Ashton, 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...

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