De Boni Corp. v. Del Norte Water Co.

Opinion

PERREN, J.

For over a century, respondent Del Norte Water Company’s articles of incorporation and bylaws have specified how water is to be distributed among its shareholders. For three generations, members of the De Boni family have been actively involved as shareholders, officers and directors of Del Norte Water Company and have approved the articles and bylaws their successor in interest, appellant De Boni Corporation, now questions.

Appellant now complains that the articles and bylaws governing the allocation of “irrigation” water as distinguished from “domestic” water in effect give…