C/R TV, Inc. is a cable television company that sought to provide its services to a private

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C/R TV, Inc. is a cable television company that sought to provide its services to a private housing subdivision (Shannondale). The subdivision had contracted with Mid-Atlantic Cable Services, Inc., one of C/R’s competitors, to provide exclusive cable services to Shannondale. C/R, however, believed it had a lawful right to string cable on existing telephone poles in the subdivision pursuant to a 1972 licensing agreement with Potomac Edison. Shannondale had granted easements to Potomac Edison for electrical and telephone services in most of the subdivision in 1955 and in part of the development in 1991. The Shannondale president threatened a trespass action against C/R TV when he learned that the company had installed over six miles of cable wiring in the subdivision. C/R TV responded by bringing a declaratory judgment action against Shannondale. The trial judge ruled in favor of Shannondale, concluding that the 1955 easements were not “sufficiently broad to provide for television cable facilities.” The trial court did rule that the part of the subdivision covered by the 1991 easements could be serviced by the plaintiff. C/R TV appealed. Should the 1955 easements, which were granted to Potomac Edison “for the purpose of installation, erection, maintenance, repair and operation of electric transmission and distribution pole lines, and electric service lines, with telephone lines thereon,” be interpreted so as to permit Potomac Edison’s licensee the right to install cable-television wiring over Shannondale’s objections?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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