Folkers v. Britt
Supreme Court of Iowa
1Opinion of the Court
SNELL, Justice.
Leona and Myrna Folkers entered into a stock share lease agreement on certain farm land with Terry and Diane Britt on November 10, 1979. H.W.G. Folkers acted as agent for this transaction. The lease agreement provided that the Britts were to own all farm machinery outright and to purchase an undivided fifty percent interest in the livestock, other than bulls and boars, and in feed and grain. The other undivided fifty percent interest in these items was retained by the Folkers.
In order to help the Britts meet the ownership conditions of the lease, H.W.G. Folk-ers loaned the…
2Cases cited9 opinions
- Taylor v. StateSupreme Court of Iowa · 1984
- Recker v. GustafsonSupreme Court of Iowa · 1979
- Khabbaz v. SwartzSupreme Court of Iowa · 1982
- Fernandez v. Iowa Department of Human ServicesSupreme Court of Iowa · 1985
- In Re Hilyard Drilling Co., Inc., Debtor. Worthen Bank & Trust Company, N.A. v. Hilyard Drilling Co., Inc., National Bank of Commerce of El DoradoCourt of Appeals for the Eighth Circuit · 1988
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