Matter of Water Rights of V-Heart Ranch

KIRSHBAUM, Justice.

On March 31, 1982, the water judge for Water Division No. 3 granted an application for a change of water right to V-Heart Ranch, Inc. (V-Heart) for 7.54 c.f.s. of water decreed to the Beecroft Irrigating Ditch. Otho Bagwell, who objected to the petition, appeals the water court’s conclusions that V-Heart owns the entire 7.54 c.f.s. of the decreed priority and that Bag-well had not acquired ownership of 3.77 c.f.s. of the priority by means of adverse possession. 1 Because we conclude that the water court applied incorrect principles of law in reaching its conclusions…