Philipsburg Water Co. v. Philipsburg Borough

Citations

• 203 Pa. 562
• 53 A. 347
• 1902 Pa. LEXIS 759

Syllabus

<p>Corporations — Water companies — Exclusive privileges — Contract with borough.</p> <p>Where a borough has made a contract with a water company for the supply of water for municipal purposes for twenty years, and during the continuance of the contract the water company lias lost its exclusive privileges by reason of having paid a dividend of eight per cent for the period of five years, the borough may upon the expiration of twenty years make a contract with another water company operating in the borough.</p>