Pacific Insurance Co., Ltd. v. Oregon Auto. Ins. Co.

OPINION OF THE COURT BY

RICHARDSON, C.J.

The sole question before us is whether a statute should be given a construction which will effect an absurd and unjust result if limited by its plain and obvious language.

On July 22, 1965, Mr. Gary Koja agreed to sell an automobile to Mr. Clarence Taira. On the same day, Mr. Taira gave to Mr. Koja a bank draft for the purchase price and Mr. Koja transferred possession of the automobile to Mr. Taira pursuant to their agreement of sale. On July 28, 1965, Mr. Koja endorsed the certificate of ownership in favor of Mr. Taira and the endorsed certificate was…