*1 III. Amount the Valuations. was left with ap cost arrived at
valuations ap used two cost The assessor
proach. adjusted reflect the market
proaches, City Woodbury in Sioux
conditions market He determined value
County. the first method at assets under
taxable at
$2,137,529and the second method
$1,911,067. experts de Post-Newsweek’s as value taxable
termined market $2,082,617 approach
sets under cost $2,229,135. court, we find the evi-
Like the district ap- cost supporting the use
dence evidence
proach is reliable
concerning the of valuation used methods ex-
by the assessor and defendants’ adopt district court’s valua-
perts. We $2,000,000 correctly reflecting
tion of taxable here market value of the assets judgment.
and affirm
AFFIRMED. Wilson; MARTIN; Evelyn Keith
Connie Parsons;
Wilson; Betsy George Par
sons; Tauke; Ryan; David A.W. J. Wilson, Wilson, Sonja
Annie Brandon Wilson, Minors, Ryan Wilson, Appel
Their Next Friend Keith
lants, COMPANY, Corporation, A
RAYTHEON Inc., Refrigeration, Amana
Corporation, Appellees.
Supreme of Iowa. Court 24,
Rehearing April Denied
819 fy a class of residents of North Dakota. cross-appeal raises the third whether the court abused its discretion certifying the class statewide Iowa and expanding involved. Trial courts are vested with broad of class ac discretion certification v. R. tions. Kramersmeier G. Dickinson & Co., 1989); Vig N.W.2d Cross, 743- naroli Blue (Iowa 1985). Our review is limited to determining whether discretion was abused, 743, i.e., Vignaroli, 360 N.W.2d decision that the district court’s was based clearly are or on untenable Kramersmeier, 440 unreasonable. N.W.2d at 875. Procedure 42.6
I.
provides
respect
jurisdiction
this with
classes:
for multistate
may
Aa.
court of this state
exercise
any person
is a
jurisdiction over
who
suing
being
or
sued
member of the
Michael M. Sellers
Gary R. Fischer and
if:
Jensen,
Dreher,
Simpson,
Sell-
jurisdiction exists or
A basis
Kaiser,
Butters,
ers,
Adams &
for
Harvey,
against
person
would exist in a suit
Moines,
P.C.,
appellants.
Des
for
state; or
under the law this
Hileman,
Holtman, Richard G.
Stephen J.
The state of residence of
Simmons,
Jr.,
Per-
M. Peters of
and James
member, by
action law similar to
Ellwood,
Rapids, for
rine, Albright
Cedar
”,
made its residents
“b
subdivision
appellees.
of the courts of
subject
jurisdiction
to the
state.
this
MeGIVERIN, C.J.,
by
Considered
is a
of this state who
b.
resident
LARSON, CARTER,
HARRIS,
suing
being sued in
of a class
or
member
NEUMAN, JJ.
subject
jurisdic-
state is
another
LARSON, Justice.
if
similar class ac-
of that state
tion
jurisdiction
tion law it extends
challenge
appeal and
state.
to this
certifying a
the district court
an order of
Pro-
added.)
Rules of Civil
under Iowa
(Emphasis
plain-
representative
42.2-6.
cedure
plaintiffs’
refused
deny-
the court erred
complain that
tiffs
class be-
certify a nationwide
beyond
Iowa.
ing certification of
to establish
plaintiffs had failed
cause the
erred
that the court
assert
un-
jurisdiction
“minimum contact” basis
statewide class without
certifying
Kramersmeier,
42.6(a)(1). See
der rule
request from
ar-
I concur doing, I do in this case. In so raised
issues suggest identification that the
not intend have members who
of those with should be contacts the state
minimum certification. prerequisite *4 & ELECTRIC GAS
IOWA-ILLINOIS
COMPANY, Light Iowa Power & Com Company,
pany, Interstate Power
Plaintiffs, Company,
The Home Insurance
Appellant, VEATCH, Appellee.
BLACK
Supreme Court of Iowa.
