Watson v. VOUGA RESERVOIR ASSOCIATION
Colorado Court of Appeals
1Opinion of the Court
Opinion by
Judge NEY.
Defendant, Vouga Reservoir Association (VRA), appeals the trial court’s judgment in favor of plaintiff, Woodrow Watson, based on its conclusion that the assessment of costs of maintenance of VRA’s reservoir was not authorized by §7-42-104(1), C.R.S.1998. Watson cross-appeals, challenging the trial court’s refusal to order VRA to return his shares in VRA and its calculation of the damages awarded to him. We reverse the judgment in favor of Watson.
VRA was organized under §7-42-101, et seq, C.R.S.1998, to build and maintain a reservoir. The majority shareholders owned…
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