TROSTEL v. AMERICAN LIFE & CAS. INS. CO.

No. 98-2999.

168 F.3d 1105 (1999)

Anne C. TROSTEL; Harry A. Holman, Jr.; H.L. Van Metre; Charles H. Van Metre; Dorothy Hurley; Terrance M. Hurley, Cmdr; Mrs. Carol Sabey, Plaintiffs-Appellees, v. AMERICAN LIFE & CASUALTY INSURANCE COMPANY, Defendant-Appellant.

United States Court of Appeals, Eighth Circuit.

Decided February 23, 1999.


Attorney(s) appearing for the Case

Charles Justin Cooper, Washington, DC, argued (Michael A. Carvin and David H. Thompson, on the brief), for appellant.

James M. Doran, Jr., Nashville, Tennessee, argued (Robert M. Holliday and John R. Caldwell, on the brief), for appellee.

Before BOWMAN, Chief Judge, WOLLMAN and MURPHY, Circuit Judges.


MURPHY, Circuit J.

This case, now before us for the third time, involves an anti-inflationary gold clause in a lease for commercial property in downtown Des Moines. The lease was originally entered into in 1917, and the significance of its gold clause has been impacted over the years by changes in federal policy and statutory law. See Trostel v. American Life & Cas. Ins. Co., 92 F.3d 736 (8th Cir.1996) (Trostel I

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