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· 6/10/1924

Duke v. American Casualty Co.

Citations

  • 130 Wash. 210
  • 226 P. 501
  • 1924 Wash. LEXIS 838

Syllabus

<p>Statutes (37, 39) — Repeal — Reference to Amended Act Repealed — Intent of Legislature. Where the legislature adopted as official a compilation of the laws of the state “and supplement thereto,” providing that it shall he proper to cite or refer thereto as “Rem. & Bal. Code,” and thereafter in 1915 passed an act amending a specified section in the supplement, referring to it as “Rem. & Bal. Code., § 6059-23” (a number not in the original compilation), and thereafter, in 1919, repealed the section by the same reference, the repeal of 1919 operated to repeal the original section as enacted in the supplement, although it was referred to only as provided in the act adopting the code.</p> <p>Same (37, 39). In such a case, the repeal of 1919, referring to the original section of the act, was effectual to repeal that act as amended in 1915, that being an amendment of the section in question “so as to read as follows,” giving the amendment the same designated section number in “Rem. & Bal. Code.”</p> <p>Statutes (15, 17) — Title and Subjects — Repealing Acts. The title, “An act relating to insurance and repealing” designated sections of the insurance code, is sufficiently broad to include the subject-matter of the act which was to repeal a section of the insurance code -which prohibited domestic insurance companies from investing in bank stock subject to the constitutional double liability of stockholders.</p> <p>Banks and Banking (1-3) — Corporations (147) — Stock—Holding Stock in Other Company — Double Liability — Domestic Insurance Companies as Shareholder. The repeal, in 1919, of the Act of 1911, prohibiting domestic insurance companies from investing in bank stock subject to the double liability of stockholders, left such companies free to purchase such shares of other companies (as authorized by Rem. Comp. Stat., §3810), so as to become subject to the double liability incident to shares of that character voluntarily purchased after such repeal.</p>

Judges: Holcomb, MacKintosh, Main, Parker, Tolman

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