Legal Opinion

State ex rel. Standard Home Co. v. State Corp. Commission

New Mexico Supreme Court

Decided August 26, 1913No. 1551PublishedCited by 1 opinion

Appeal from the District Court of Santa Fe County; Edmund C. Abbott, District Judge; Incorporation laws. Laws 1905, chap. 79; Laws 1899, chapter 72. Chapter 72, Laws of 1899, is penal. ' Territory v. Davenport, 124 Pac. 795. Must be strictly construed. U. S. v.' Lucero, *1 N. II. 422; U. S. v. Santistevan, 1 N. M. 583; Esquibel v. Chaves, 12 N. M. 482. Chapter 72, Laws 1899, copied from Colorado law enacted in 1897. Bev. Stat. of Colo., secs. 950-968; Bremen Min.

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Appeal from the District Court of Santa Fe County; Edmund C. Abbott, District Judge; Incorporation laws. Laws 1905, chap. 79; Laws 1899, chapter 72. Chapter 72, Laws of 1899, is penal. ' Territory v. Davenport, 124 Pac. 795. Must be strictly construed. U. S. v.' Lucero, *1 N. II. 422; U. S. v. Santistevan, 1 N. M. 583; Esquibel v. Chaves, 12 N. M. 482. Chapter 72, Laws 1899, copied from Colorado law enacted in 1897. Bev. Stat. of Colo., secs. 950-968; Bremen Min. Co. v. Bremen, 13 N. M. 126; Bomero v. Bailroad, 11 N. M. 688; DeBaca v. Wilcox, 11 N. M. 352; Perea v. Colo. Nat. Bank, 6 N. M. 4;…

1Opinion of the Court

OPINION OP THE COURT.

HANNA, J. —

There is but one question in this case for our determination, i. e., is appellant subject to our statute relative to foreign building and loan associations because it is “doing business in a form and character similar to that authorized to be done” by building and loan associations organized, in New Mexico, under the provisions of chapter 72 of the laws of 1899 ?

The corporations, of the class referred to, which are to be considered as foreign building and loan associations, are defined, by section 15 of chapter 72, laws of 1899, as follows:

“Sec. 15. Every…

2Cited by1 opinion

  1. Palmer v. Mutual Construction Co.Supreme Judicial Court of Maine · 1922

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