Amana Society v. Colony Inn, Inc.

LARSON, Justice.

The Amana Society, a business corporation owning virtually all of the farmland and much of the business property in the Amana Colonies, sought an injunction to prevent land previously conveyed by it from being used in a manner which was contrary to the “desires” of its board of directors. The defendants, all stockholders in the Amana Society and businessmen in Amana, challenged the board’s right to assert control of their land on several grounds: They contended Iowa’s “stale use” statute, § 614.24, The Code 1975, barred enforcement of the board’s business restrictions; that…