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STECKELBERG v. RANDOLPH

Nos. 84-1432, 84-2001.

404 N.W.2d 144 (1987)

Lester STECKELBERG and Norma Steckelberg, Appellees, v. Howard RANDOLPH and Rolling Ridges Ranch, Inc., Appellants, Darrell Slayton, Ernest Carstens, Douglas Carstens, James Carstens, and Gerald Carstens, Individually and d/b/a Carstens & Sons Farms, Defendants.

Supreme Court of Iowa.

Rehearing Denied May 11, 1987.

Attorney(s) appearing for the Case

Robert Kohorst of Kohorst Law Firm, Harlan, for appellants.

Tobin Swanson and Emil Trott, Jr., of Barrett & Trott, Des Moines, for appellees.

Considered by HARRIS, P.J., and SCHULTZ, CARTER, WOLLE, and LAVORATO, JJ.

HARRIS, Justice.

Plaintiffs, Lester and Norma Steckelberg, a debt-stricken farm couple, contracted with defendant Randolph for the transfer to him of their farm, farm operation, and related assets. Under the plan Randolph was to assume control over the property, take charge of the operation, and infuse it with his own capital, all with the goal of successfully conducting the farm and operation through desperate economic...

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