LIVINGSTON, Justice.
This is a bill for a declaratory judgment submitted to the Circuit Court, in Equity, of Montgomery County upon an agreed stipulation of facts. The facts are as follows:
"The Montgomery City Lines is a corporation organized and existing under the laws of the State of Alabama; the City of Montgomery is a municipal corporation under the laws of the State of Alabama.
"On the 5th day of December, 1935, the City of Montgomery duly and...
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