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NORTHWESTERN NAT. LIFE INS. CO. v. TAHOE REGIONAL PLANNING AGENCY

No. 78-2006.

632 F.2d 104 (1980)

NORTHWESTERN NATIONAL LIFE INSURANCE COMPANY et al., Plaintiffs/Appellants, v. TAHOE REGIONAL PLANNING AGENCY, etc., et al., Defendants and James J. Jordan et al., Defendants/Appellees.

United States Court of Appeals, Ninth Circuit.

Decided November 7, 1980.

Attorney(s) appearing for the Case

Harold E. Rogers, Jr. & Associates, San Francisco, Cal., for plaintiffs/appellants.

Gary A. Owen, Shaw, Heaton & Doescher, Ltd., Carson City, Nev., argued for defendants/appellees; C. Clifton Young, Reno, Nev., on brief.

Before HUG, FARRIS and POOLE, Circuit Judges.

FARRIS, Circuit Judge:

Northwestern National Life Insurance Co. and other bondholders appeal the dismissal for failure to state a claim of their complaint which alleged that the Tahoe Regional Planning Agency's land use plan and ordinance impaired the assessment bonds issued by Round Hill General Improvement District in violation of Article 1, section 10, clause 1 of the United States Constitution. Northwestern argues that the land use ordinance violated the contract...

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