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KOCH v. WASSON

No. 53061.

161 N.W.2d 173 (1968)

Elmer KOCH and Lucille Koch, Appellees, v. Jasper E. WASSON and Marie A. Wasson, Appellants.

Supreme Court of Iowa.

September 17, 1968.

Attorney(s) appearing for the Case

Louis J. Kehoe, Washington, and Ralph L. Neuzil, Iowa City, for appellants.

Bailey C. Webber, Ottumwa, for appellees.

BECKER, Justice.

Plaintiffs bring action in three counts to recover title to and possession of 218 acres of Washington County farm land conveyed by them to defendants in February 1961. In Count I plaintiffs allege they conveyed legal title to the land to defendants and received back an option agreement allowing them to repurchase the property on stated terms, all as a part of a security transaction. They pray the deed be construed as a mortgage, title to the real...

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