Edward Douglass White, St. Paul Gaslight Company v. St…
“ When making such a contract the gas company can refuse to contract for lighting any street lamps except those already erected; and before the city can compel the erection of more lamps it must first make a contract for lighting them. In making such a contract, the gas company can protect itself by insisting that such contract for lighting such new lamps shall cover a period of time of sufficient length that the 8 per cent per annum to be paid during that time will remunerate the gas company for erecting the lamps. ”
