OPINION
BATJER, Justice.
On May 3, 1929, the city of Las Vegas and the Southern Nevada Power Company, predecessor of Nevada Power Company, one of the appellants, entered into a franchise agreement which granted to the power company the right to locate its electric poles and wires within the city. The term of the franchise was for 50 years and it was in effect at the time this litigation arose.
On March 20, 1968, the board of commissioners of the...
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