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  5. 879 P.2d 248 (1994)
 

SALT LAKE CITY CORP. v. CAHOON IRR. CO.

No. 930293.

879 P.2d 248 (1994)

SALT LAKE CITY CORPORATION, a municipal corporation of the State of Utah, Plaintiff and Appellee, v. CAHOON AND MAXFIELD IRRIGATION COMPANY, a Utah corporation, Defendant and Appellant, and David B. Wirthlin as Managing partner of JLW Company, a limited partnership, and Richard Turner, Defendants and Appellee. SANDY CITY CORPORATION, a municipal corporation of the State of Utah, Plaintiff and Appellee, v. CAHOON AND MAXFIELD IRRIGATION COMPANY, a Utah corporation, Defendant and Appellant.

Supreme Court of Utah.

July 8, 1994.

Attorney(s) appearing for the Case

Roger F. Cutler and Ray Montgomery, Salt Lake City, for Salt Lake City Corp.

E.J. Skeen and Paul M. Durham, Salt Lake City, for Cahoon & Maxfield Irr.

James W. McConkie, Salt Lake City, for JLW Co.

Lee Kapaloski and Paul D. Veasy, Salt Lake City, for Sandy City Corp.

RUSSON, Justice:

Cahoon and Maxfield Irrigation Company (the Irrigation Company) appeals from the trial court's entry of summary judgment in favor of Salt Lake City Corporation and Sandy City Corporation. We reverse and remand.

FACTS

The underlying dispute in this case arises out of two initially unrelated and separate purchases of Irrigation Company stock by Salt Lake City and Sandy City. Relying on a restriction...

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