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BAIRD v. CITY OF ADAIRVILLE

426 S.W.2d 124 (1968)

Charles C. BAIRD, Individually, etc., Appellants, v. CITY OF ADAIRVILLE, Kentucky, a Municipal Corporation, etc., Appellees.

Court of Appeals of Kentucky.

Rehearing Denied April 26, 1968.

Attorney(s) appearing for the Case

William G. Fuqua, Russellville, for appellants.

Jesse L. Riley, Jr., Russellville, Franklin P. Hays, Skaggs & Hays, Louisville, William G. Craig, Sandidge, Holbrook, Craig & Hager, Owensboro, for appellees.

CLAY, Commissioner.

This is a declaratory judgment proceeding to test the validity of a lease agreement between the City of Adairville and the Wesken Corporation. The Chancellor upheld the lease.

The city proposes by the issuance of revenue bonds to construct a natural gas distribution and transmission system. It has entered into an agreement with Wesken to lease this facility for a term of 25 years, with an option...

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