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STATE BOARD OF REGENTS v. LINDQUIST

No. 54530.

188 N.W.2d 320 (1971)

STATE BOARD OF REGENTS of the State of Iowa et al., Appellees, v. E. F. LINDQUIST et al., Appellants.

Supreme Court of Iowa.

June 17, 1971.

Attorney(s) appearing for the Case

Meardon, Sueppel & Downer, Iowa City, for appellants Lindquist, Thornberry, McKeown, and Virginia Gay Hospital.

Dickinson, Throckmorton, Parker, Mannheimer & Raife, Des Moines, for appellant Iowa Medical Society.

Gamble, Riepe, Martin & Webster and J. G. Fletcher, Des Moines, for appellant Hospital Service, Inc.

Richard C. Turner, Atty. Gen., and Elizabeth Nolan, Asst. Atty. Gen., and Arthur O. Leff, Iowa City, for appellees.

UHLENHOPP, Justice.

At issue is the constitutionality of a statute authorizing issuance of revenue bonds to build and equip additions to The University of Iowa Hospitals.

Acquisition of plant and equipment at Iowa schools of higher learning was formerly financed largely by legislative appropriations, together with gifts, grants, and federal assistance. As construction costs rose and competition for the state tax dollar

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