[Download] "Palmcroft Development Co. V. City Of Phoenix" by Arizona Supreme Court * eBook PDF Kindle ePub Free
eBook details
- Title: Palmcroft Development Co. V. City Of Phoenix
- Author : Arizona Supreme Court
- Release Date : January 30, 1935
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 71 KB
Description
ROSS, J. This is an action by plaintiff Palmcroft Development Company against the City of Phoenix to recover certain moneys advanced by plaintiff and its assignors under contracts or agreements with the city, by the terms of which such moneys were advanced to be used in installing extensions of its water and sewerage systems to subdivisions of the city largely owned or controlled by the plaintiff and it assignors. The amounts so advanced were made upon estimates by the city of the cost of such installation, but in each case the cost of installation was less than the estimate and the city, in accordance with its agreement, returned the balance to the party making the advance. These agreements, ten in number, were made in the years 1927, 1928 and before July 10, 1929, and were performed by the city within ninety days or less after their dates. The water and sewerage systems installed were the only available ones to the inhabitants of such subdivisions and have been a source of revenue to the city ever since their installation.