Marseilles Hydro v. Marseilles Land

In the United States Court of Appeals For the Seventh Circuit ____________ No. 01-1238 MARSEILLES HYDRO POWER, LLC, Plaintiff-Appellee, v. MARSEILLES LAND AND WATER COMPANY, Defendant-Appellant. ____________ Appeal from the United States District Court for the Northern District of Illinois, Eastern Division. No. 00 C 1164—Suzanne B. Conlon, Judge. ____________ ARGUED JANUARY 14, 2002—DECIDED AUGUST 5, 2002 ____________ Before POSNER, RIPPLE, and DIANE P. WOOD, Circuit Judges. POSNER, Circuit Judge. The plaintiff (“the power com- pany”) owns a disused hydroelectric plant built in 1912. When…