Monticello Hydraulic Co. v. Loughry

— The only question brought to our attention is whether the complaint is good on a demurrer for want of facts. The following are the material averments :

The Monticello Hydraulic Company was organized under an act which provided for its incorporation under that name, approved February 12th, 1848, and was empowered to construct a dam across the Tippecanoe river above and within one and one-half miles of Monticello, and to purchase and hold real estate, etc.; that said company did accordingly become, and is now, the owner in fee, and in the rightful possession, of the following described real…