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TOPAZ MUTUAL CO. v. MARSH

No. 21068

839 P.2d 606 (1992)

TOPAZ MUTUAL COMPANY, INC., Appellant/Cross-Respondent, v. Florence MARSH, Respondent/Cross-Appellant, and Virgie Arden and the Estate of John Arden, Deceased, Cross-Respondents.

Supreme Court of Nevada.

September 29, 1992

Attorney(s) appearing for the Case

Bible, Hoy, Miller, Trachok & Wadhams, Reno, for appellant/cross-respondent Topaz Mut. Co., Inc. and cross-respondent Virgie Arden.

Allison, MacKenzie, Hartman, Soumbeniotis & Russell and Mike Pavlakis, Carson City, for respondent/cross-appellant.

Gregory F. Wilson, Reno, for cross-respondent Estate of John Arden.

OPINION

PER CURIAM:1

Facts

Topaz Mutual Company, Inc. (Topaz) is a privately owned public utility that supplies water to a portion of Douglas County near Topaz Lake. Topaz is owned by John and Virgie Arden through its parent corporation, Topaz Development Corporation. Florence Marsh (Marsh) is a private citizen who, in 1986, was looking for an investment opportunity...

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