Old Water-For-Power Pact Still Valid, New York Justice Rules

Mealey's (June 17, 2015, 8:09 AM EDT) -- ALBANY, N.Y. — A 115-year-old agreement to convey water rights for a hydroelectric plant in exchange for cash and free electricity remains valid, a New York state court justice ruled Oct. 1, 2014 (Niagara Mohawk Power Corporation, et al. v. Allied Healthcare Products, Inc., et al., No. 6516-09, N.Y. Sup., Albany Co.; 2014 N.Y. Misc. LEXIS 4338)....

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