City of Bethany v. MUNICIPAL SECURITIES COMPANY

ARNOLD, Justice.

In support of the allegations in its petition the plaintiff, Municipal Securities Company, offered evidence to show that it was a common law trust created in 1920 for a period of 20 years, as provided by statute, and within that time extended the trust; that it bought the property here involved in 1926; that in 1926 plaintiff constructed a dam across a creek flowing across its property thereby creating a six-acre lake at or near the center of its property, at which time the creek running .into the lake area was clear and unpolluted; that said inlet stream produces, even…