State ex rel. People's Bank & Trust Co. of Las Vegas v. York

Citations

• 24 N.M. 643
• 175 P. 769

Syllabus

<p>SYLLABUS BY THE COURT.</p> <p>1. In the construction of a statute, in order to determine the true intention of the legislature, the particular clauses and phrases should not he studied as detached and isolated expressions, hut the whole and every part of the statute must he considered in fixing the meaning of any of its parts. P. 648.</p> <p>2. Held, that the legislature by its amendatory act, appearing as chapter 70, Laws 1917, amending the Public Moneys Bill, appearing as chapter 57, Laws 1915, intended to provide that public moneys deposited with banks or trust companies under the provisions of the said act should be equitably distributed-between all such banks and trust companies within' the county upon the basis of the relative capital stock and surplus of said banks. P. 646.</p>