Continental Supply Co. v. Abell

ON MOTION for REHEARING.

(Opinion filed July 25, 1933.)

On motion for rehearing the contention is made by defendants[7, 8] that the opinion of the court in this case, if permitted to stand, should be given application to future transactions only and should not control this case. This contention is grounded on the doctrine of stare decisis. They rely upon the rule stated in 15 C.J. 916, as follows: "It is a well-established rule that, where a principle of law has become settled by a series of decisions, it is binding on the courts and should be followed. This rule, which is usually known and…