Question
Madison Gas and Electric Company cleared a right of way across Harry's land and put up a power line, which it has maintained for the
Madison Gas and Electric Company cleared a right of way across Harry's land and put up a power line, which it has maintained for the past 20 years. Now the company wants to replace the old line with a new one, and Harry has decided he doesn't want them on his land.
a. Does the Power Company have a recognizable interest in Harry's land?
b. Can Harry keep them from installing a new line?
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Corporate Financial Management
Authors: Glen Arnold
4th Edition
0273719068, 978-0273719069
