N. W. MUT. LIFE INS. CO. v. BD. OF REVIEW

No. 2-56541.

225 N.W.2d 317 (1975)

NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY et al., Appellees-Cross-Appellants, v. BOARD OF REVIEW OF CITY AND COUNTY OF DUBUQUE, Iowa, Appellant-Cross-Appellee.

Supreme Court of Iowa.

Rehearing Denied March 14, 1975.


Attorney(s) appearing for the Case

R. N. Russo and Fuerste, Carew & Coyle, Dubuque, for appellant-cross-appellee.

O'Connor, Thomas, Wright, Hammer, Bertsch & Norby, Dubuque, for appellees-cross-appellants.

Heard by MOORE, C. J., and MASON, REES, UHLENHOPP and REYNOLDSON, JJ.


REYNOLDSON, Justice.

On this appeal and cross-appeal we review and affirm a district court decision relating to property tax assessments on certain real estate in downtown Dubuque, Iowa.

The land involved is owned by appellee-cross-appellant Northwestern Mutual Life Insurance Company and was leased to a Davenport bank (as trustee of a designated trust) for a term of 99 years commencing February 15, 1956 for an annual rental of $15,600. The trustee bank erected...

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