The Co-op Docked Her Grain for 9 Years — One 1994 Scale Ticket Reopened Every Load
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The Co-op Docked Her Grain for 9 Years — One 1994 Scale Ticket Reopened Every Load
55 просмотров · 8 дней назад
Evergreen Farm
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55 просмотров · 8 дней назад
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When a Wyoming bank foreclosed on the Calder family ranch in March, Josie Calder discovered a crucial 1963 document among her mother's belongings: a water right granted to her grandmother Corrine, one of the oldest and most senior claims on Willow Fork Creek, which had never been legally transferred into the ranch's LLC and therefore couldn't be foreclosed upon. When investor Russ Feldman bought the ranch at auction believing it included water rights, he was blindsided to learn — after an attorney's letter and independent verification — that the land was legally "dry" and worth far less without access to the creek. Feldman ultimately agreed to sell the ranch back to the Calder family at a reduced price reflecting its true value without water, and Josie moved back to run it herself. The story underscores the doctrine of prior appropriation in Western water law: water rights are separate from land titles, and Corrine's foresight decades earlier ultimately saved her family's legacy.
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