In 1948, the City of New York and Central Hudson Gas & Electric Corporation, defendants herein, entered into a contract whereby, inter alia, the city would build an aqueduct between the Neversink and Roundout reservoirs and Central Hudson would construct a hydroelectric generating plant along side the aqueduct near the Hamlet of Grahamsville in Sullivan County. The plant was to be constructed in such a manner as to use the city-owned...
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