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KRAMERSMEIER v. R.G. DICKINSON & CO.

No. 88-449.

440 N.W.2d 873 (1989)

Mildred KRAMERSMEIER, DeEtta K. Klatt and Donna Lawrence, on behalf of themselves and all others similarly situated, Appellees, v. R.G. DICKINSON & CO.; Century Place Partnership, an Iowa Limited Partnership; Darrell E. Berry; Larry D. Sharp; Olson, Poppa, Novak Architects, P.C.; Scott E. Olson; Thomas A. Poppa; James A. Novak; Clarice J. Sharp; Janet M. Berry; Carol M. Olson and Christina Novak, Appellants.

Supreme Court of Iowa.

May 17, 1989.

Attorney(s) appearing for the Case

L.R. Voigts and James C. Wine of Nyemaster, Goode, McLaughlin, Emery & O'Brien, P.C., and Robert L. Cram, Des Moines, for appellant R.G. Dickinson & Co.

Donald F. Neiman and Carol A. Wendl of Neiman, Neiman, Stone & Spellman, P.C., Des Moines, for appellants Century Place Partnership, et al.

Leo E. Fitzgibbons and Ned A. Stockdale of Fitzgibbons Brothers, Estherville, for appellees.

Considered by HARRIS, P.J., and LARSON, CARTER, NEUMAN and SNELL, JJ.

NEUMAN, Justice.

This is an appeal from a district court order certifying a class action. The underlying controversy involves a default in the payment of principal and interest on a $1,375,000 municipal bond issue underwritten by defendant R.G. Dickinson & Co. in connection with the restoration of an historic building owned by defendant Century Place Partnership in Cedar Rapids, Iowa. Plaintiffs Kramersmeier, Klatt...

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