MOSK, J. pro tem.
On November 15, 1909, appellants' predecessors in interest executed and delivered a document to the respondent city of Inglewood providing in part as follows:
"That said undersigned first parties, in consideration of the sum of One Dollar to them in hand paid, the receipt of which is hereby confessed and acknowledged, and also in consideration of the benefits to be derived by said first parties from the acceptance...
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