Public Water Supply District Number Seven of Jefferson County v. Lead Belt Water Co.

STOCKARD, Commissioner.

Appellant, Public Water Supply District Number Seven of Jefferson County, Missouri (hereafter referred to as the “Water District”) is a municipal corporation organized pursuant to Chapter 247, RSMo 1969, V.A.M.S. (All subsequent statutory references are to this revision). It entered into a contract with St. Joseph Lead Company (now St. Joe Minerals Corporation, and hereafter referred to as “St. Joe Min-*521erais”) to purchase the waterworks system located in the urban area known as Herculaneum, Missouri, owned and operated by its wholly owned subsidiary, Lead Belt Water…