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MAINE SUGAR INDUS., INC. v. MAINE INDUSTRIAL BLDG. A.

264 A.2d 1 (1970)

MAINE SUGAR INDUSTRIES, INC. and Vahlsing, Inc. v. MAINE INDUSTRIAL BUILDING AUTHORITY and Special Interim Legislative Committee, Intervenor.

Supreme Judicial Court of Maine.

March 31, 1970.

Attorney(s) appearing for the Case

William R. Flora, Presque Isle, Roger M. Dougherty, and James M. O'Neill, Washington, D. C., for plaintiffs.

George A. Wathen, Augusta, for defendant.

Jon R. Doyle, Asst. Atty. Gen., Augusta, for intervenor.

Before WILLIAMSON, C. J., and WEBBER, MARDEN, DUFRESNE, WEATHERBEE, and POMEROY, JJ.

WEBBER, Justice.

This was a complaint for declaratory judgment and injunctive relief reported upon agreed facts.

The two plaintiffs are corporations doing business in Maine. Both have substantial loans guaranteed by defendant Maine Industrial Building Authority, a body corporate and politic created by Act of the Legislature with power to sue and be sued. 10 M.R.S.A., Secs. 701 to 703 inc., Secs. 751 to 754 inc., Secs. 801 to 809 inc., and Secs. 851 and 852...

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