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ISLAND EQUIPMENT LAND CO. v. GUAM ECONOMIC DEV. AUTH.

No. 71-2108.

474 F.2d 753 (1973)

ISLAND EQUIPMENT LAND CO., a corporation, and Pacific Retread, Inc., a corporation, Plaintiffs-Appellants, v. GUAM ECONOMIC DEVELOPMENT AUTHORITY, a public corporation, et al., Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

February 27, 1973.

Attorney(s) appearing for the Case

William C. Anderson (argued), Agana, Guam, for plaintiffs-appellants.

Walter S. Ferenz (argued), of Barrett, Ferenz, Bramhall & Klemm, Agana, Guam, Gerald E. Stinson, Asst. Atty. Gen. (argued), Richard D. Magee, Asst. Atty. Gen., Vincent T. Perez, Atty. Gen., Agana, Guam, E. R. Crain, Agana, Guam, for defendants-appellees.

Before BROWNING, WRIGHT, and CHOY, Circuit Judges.

PER CURIAM:

Appellants sue as Guam taxpayers and citizens to set aside a 90-year sublease of certain public lands by defendant Guam Economic Development Authority (GEDA) to defendant Dillingham Corporation for use as a site for a shopping center.

Acting pursuant to statutory authority, the Governor of Guam leased the property to GEDA in 1966 for a period of 50 years on condition (1) that the property be "administered, maintained and used as light industrial...

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