WEBSTER REALTY COMPANY v. CITY OF FORT DODGE

No. 53872.

174 N.W.2d 413 (1970)

WEBSTER REALTY COMPANY, Appellant, v. CITY OF FORT DODGE, Iowa, Appellee.

Supreme Court of Iowa.

February 10, 1970.


Attorney(s) appearing for the Case

Bastian, Beisser & Carlson, Fort Dodge, for appellant.

Donald J. Mitchell, Fort Dodge, and Herrick, Langdon, Belin & Harris, Des Moines, for appellee.


LeGRAND, Justice.

This is a declaratory judgment action brought by plaintiff, an Iowa corporation with its principal place of business in Fort Dodge, to test the validity of proceedings under which the City of Fort Dodge proposes to issue $500,000.00 in general obligation urban renewal bonds as authorized by chapter 403, Code of Iowa, 1966. The suit was brought in equity, and our review is de novo.

Chapter 403 was enacted in 1957 and is popularly known as...

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