MORRIS, J.
The within cause was submitted to the court on the following agreed statements of fact:
"1. Plaintiff is a municipal corporation organized under the laws of the State of Ohio.
"2. Defendant is a corporation duly organized and existing under the laws of the State of Ohio.
"3. Defendant's place of business is located in an area which was annexed to the plaintiff, City of Canton, on or about the 23rd day of March, 1964.
"4....
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