HOFFMAN, Chief Justice.
The issue presented by this appeal is whether the right to serve a particular area given to a Rural Electric Membership Corporation is of such a nature that it must be purchased or condemned when that area is subsequently annexed.
The pertinent facts, as summarized from the stipulation entered into by both parties, are as follows:
On May 9, 1968, and November 22, 1968, the first and second sections, respectively, of the Old...
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