It would liquefy gas from the Montney and Horn River shale plays (where ExxonMobil is a big landholder) and send it to Asia.

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The State assumes the right of eminent domain over its territorial basis, where by every landholder becomes in theory a tenant of the State.

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In the 1830s, John Jacob Astor transferred his fortune in beaver pelts and international trade into real estate, to become New York's largest landholder and richest man.

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But eminent domain proceedings are particularly troubling in this case because Columbia, as the biggest landholder in Manhattanville, has a perverse incentive to keep its own properties run down and underused.

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Most do not, and all too often the owners cross swords with the original landholder: a strange creature who counts on irrigation water, operates machinery at odd hours, and offends his neighbours with smelly cattle-holding pens.

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In a bucolic farming area, one large landholder on prime acreage may suddenly set himself apart from the rest, with industrial facilities on his land that others consider an eyesore, and significant large vehicle traffic going to and fro for many months.

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