Eagle Creek Irrigation Co. v. A.C. & C.E. Invs., Inc.

BURDICK, Chief Justice.

Eagle Creek Irrigation Company ("Eagle Creek") appeals the Blaine County District Court's award of summary judgment in favor of A.C. & C.E. Investments, Inc. ("AC & CE Investments"). The dispute centers on 15 shares of Eagle Creek stock which authorize the holder to divert 30 cfs of water (or 15 miner's inches) of Eagle Creek's water right. AC & CE Investments purchased 15 acres ("the Property") located within Eagle Creek's boundaries. The prior property owners also owned 15 shares in Eagle Creek stock. The question presented on appeal is whether the 15 shares passed as…