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International Paper.


INTERNATIONAL PAPER, Stamford, Connecticut, USA along with The Conservation Fund, Arlington, Virginia and the State of New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, has completed the first phase of a 257,000-acre Adirondack Park conservation easement easement, in law, the right to use the land of another for a specified purpose, as distinguished from the right to possess that land. If the easement benefits the holder personally and is not associated with any land he owns, it is an easement in gross (e.g. , aimed at providing open-space protection in perpetuity Of endless duration; not subject to termination.

The phrase in perpetuity is often used in the grant of an Easement to a utility company.


in perpetuity adj. forever, as in one's right to keep the profits from the land in perpetuity.
 and expanded recreational opportunities amid working forests. This first of three phases comprises approximately 41,500 acres.
COPYRIGHT 2006 Paper Industry Management Association
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:NEWS DIGEST
Publication:Solutions - for People, Processes and Paper
Date:Feb 1, 2006
Words:55
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