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ATLAS MINI STORAGE v. FIRST INTERSTATE BK

No. 87-567.

426 N.W.2d 686 (1988)

ATLAS MINI STORAGE, INC., Plaintiff-Appellant, v. FIRST INTERSTATE BANK OF DES MOINES, N.A. and American Steel Building Company, Inc., Defendants-Appellees.

Court of Appeals of Iowa.

As Amended June 29, 1988.

Attorney(s) appearing for the Case

John R. Mackaman of Dickinson, Throckmorton, Parker, Mannheimer & Raife, Des Moines, for plaintiff-appellant.

Donald A. Wine of Davis, Hockenberg, Wine, Brown, Koehn & Shors, Des Moines, for defendant-appellee American Steel.

Randall Horstmann of Nyemaster, Goode, McLaughlin, Emery & O'Brien, Des Moines, for defendant-appellee bank.

Heard by HAYDEN, P.J., and SACKETT and HABHAB, JJ.

HABHAB, Judge.

In this equity action the plaintiff-appellant Atlas Mini Storage, Inc. (Atlas) sought a temporary and permanent injunction restraining defendant-appellee American Steel Building Company, Inc. (American Steel) from presenting and First Interstate Bank of Des Moines, N.A. (Bank) from honoring a draft drawn on a letter of credit issued by Bank for the benefit of American Steel. The trial court determined that...

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