Therefore, in consideration of the premises and of the love and affection which husband has for his wife, it is agreed between the parties that all that certain property described in "schedule A" attached to and made a part of this agreement, is declared to be owned and held by the parties in community, in the same manner and to the same effect as if acquired by the parties during coverture from the joint earnings of these parties, as contemplated in section _________ of the _________ revised statutes of _________.