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LAKEWOOD TP. MUN. UTIL. v. S. LAKEWOOD WATER CO.

129 N.J. Super. 462 (1974)

324 A.2d 78

LAKEWOOD TOWNSHIP MUNICIPAL UTILITIES AUTHORITY, A MUNICIPAL BODY, PLAINTIFF-RESPONDENT, v. SOUTH LAKEWOOD WATER COMPANY, A NEW JERSEY CORPORATION, DEFENDANT-APPELLANT. SOUTH LAKEWOOD WATER COMPANY, A NEW JERSEY CORPORATION, PLAINTIFF-APPELLANT, v. LAKEWOOD TOWNSHIP MUNICIPAL UTILITIES AUTHORITY, A MUNICIPAL BODY IN THE COUNTY OF OCEAN, DEFENDANT-RESPONDENT. SOUTH LAKEWOOD WATER COMPANY, A NEW JERSEY CORPORATION, PLAINTIFF-APPELLANT, v. LAKEWOOD TOWNSHIP MUNICIPAL UTILITIES AUTHORITY, A MUNICIPAL BODY, AND THE TOWNSHIP OF LAKEWOOD, IN THE COUNTY OF OCEAN, STATE OF NEW JERSEY, A MUNICIPAL BODY, DEFENDANTS-RESPONDENTS.

Superior Court of New Jersey, Appellate Division.

Decided July 17, 1974.

Attorney(s) appearing for the Case

Mr. Frank R. Ciesla argued for appellant (Messrs. Giordano, Halleran & McOmber, attorneys).

Mr. James J. Jeck argued for respondent Township of Lakewood.

Mr. Alan J. Pogarsky argued for respondent Lakewood Township Municipal Utilities Authority.

Before Judges COLLESTER, LYNCH and MICHELS.

The opinion of the court was delivered by LYNCH, J.A.D.

In these consolidated cases South Lakewood Water Company (water company), appeals from various orders entered in the Law Division, arising out of the exercise by the Lakewood Township Municipal Utilities Authority (Authority) of an option granted to the Township of Lakewood (township)1 under a 1962 township ordinance to purchase the...

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