Rockport Water Co. v. Inhabitants of Rockport

This is a bill in equity to enjoin the defendants from preventing the plaintiff’s laying down water pipes under its charter. The defendant town has voted unanimously to take the plaintiff’s franchise and property, and intends to prevent the plaintiff from going on with its work. It has not paid or tendered any sum of money as • the price, and the plaintiff has not stated the amount of its claim.

By § 7 of the plaintiff’s charter, (St. 1893, c. 281,) the town has the right to take, by purchase or otherwise, the plaintiff’s franchise and corporate property “ on payment to said corporation of the…