Henry S. Dermott, as Executor v. the State of New York, Despondent

Summary

The Court of Appeals affirmed the dismissal of the claimants' petition, holding that the water‑draw grant was a limited contract subject to revocation for navigation purposes and that the State owed no compensation. The revocation was lawful, the claimants had no vested right, and the Board of Claims lacked jurisdiction to award damages.