MILLWEE, Justice.
Appellant, Arkansas Electric Cooperative Corporation, hereinafter called "Arkansas Electric", is an electric cooperative formed under Act 342 of 1937, Ark.Stats. §§ 77-1101 et seq., by three REA distribution cooperatives in Northwest Arkansas. Appellees, Arkansas-Missouri Power Company, Arkansas Power and Light Company, Southwestern Gas and Electric Company, and Oklahoma Gas and Electric Company, hereinafter called "Companies", are private...
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