Legal Opinion

Topaz Mutual Co. v. Marsh

Nevada Supreme Court

Decided September 29, 1992No. 21068PublishedCited by 54 opinions

1Opinion of the Court

*847OPINION

Per Curiam: 1

*848 Facts

Topaz Mutual Company, Inc. (Topaz) is a privately owned public utility that supplies water to a portion of Douglas County near Topaz Lake. Topaz is owned by John and Virgie Arden through its parent corporation, Topaz Development Corporation. Florence Marsh (Marsh) is a private citizen who, in 1986, was looking for an investment opportunity to fund her stay in a retirement home in Santa Barbara, California. On March 21 of that year, ostensibly to improve the water system and retire debts, Topaz entered into a loan commitment with Marsh whereby she would loan a maximum…

2Cases cited19 opinions

  1. Bigelow v. RKO Radio Pictures, Inc.Supreme Court of the United States · 1946
  2. Beattie v. ThomasNevada Supreme Court · 1983
  3. K Mart Corp. v. PonsockNevada Supreme Court · 1987
  4. Pennsylvania Water & Power Co. v. Federal Power CommissionSupreme Court of the United States · 1952
  5. Unionamerica Mortgage & Equity Trust v. McDonaldNevada Supreme Court · 1981

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3Cited by54 opinions

  1. Certified Fire Protection, Inc. v. Precision Construction, Inc.Nevada Supreme Court · 2012
  2. J.A. Jones Construction Co. v. Lehrer McGovern Bovis, Inc.Nevada Supreme Court · 2004
  3. Albert H. Wohlers & Co. v. BartgisNevada Supreme Court · 1999
  4. Countrywide Home Loans, Inc. v. ThitchenerNevada Supreme Court · 2008
  5. Sheet Metal Workers Local 441 Health & Welfare Plan v. Glaxosmithkline, PLCDistrict Court, E.D. Pennsylvania · 2010

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