Iowa Electric Co. v. Incorporated Town of Winthrop

—I. About 1912, the town of Winthrop erected a direct-current electric light and power plant, by which it operated the waterworks.and the lights of the town and furnished electricity to patrons for light and power purposes. The plaintiff is a corporation engaged in operating high-pressure transmission lines for the distribution and sale of electricity. Some time prior to February, 1917, negotiations were entered into between plaintiff and defendant to secure an agreement whereby the defendant would extend its high-voltage line to Winthrop, and the town of Winthrop would purchase electricity…