Leadership

FIRE AND WATER

Issue 47 and Volume 1894 15.

FIRE AND WATER THE Court of Appeals has decided finally the dispute between the city of Brooklyn and the Long Island Water Supply Company over the amount of compensation for the property and franchises of the water company. The court affirms with costs the decision of the General Term of the Supreme Court and thus finally disposes of this memorable case. The company was incorporated in 1881 for the purpose of supplying water to the town of New Lots, which was, in 1886, annexed to the city of Brooklyn, as the Twenty-Sixth ward. In 1892, the Legislature passed an act authorizing the city to condemn the property and franchises of the company, and the litigation which has just been ended was the result of that act. A question was raised as to what was just compensation for the property and franchises involved and to settle the matter it was taken…

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