Legal Opinion
Williams v. Young
Court of Appeals of Washington
Decided February 28, 1972No. 328-2PublishedCited by 8 opinions
1Opinion of the CourtPetrie, C.J.
On the afternoon of August 28, 1969, the membership of Highline Savings and Loan Association adopted a resolution, which amended its articles of incorporation and its bylaws so as to change the par value of its permanent nonwithdrawable stock from $10 per share to $1 per share. The immediate effect of the adoption of such a resolution was a tenfold increase in the voting potential of those “members” who were owners of such stock certificates. More particularly, since the resolution in no way altered the voting potential of the depositor members, the resolution caused a shift in the balance of…
2Cases cited3 opinions
- Ancheta v. DalyWashington Supreme Court · 1969
- Northern Pacific Transport Co. v. Washington Utilities & Transportation CommissionWashington Supreme Court · 1966
- Newbury v. State Department of Public AssistanceWashington Supreme Court · 1971
3Cited by8 opinions
- Norway Hill Preservation & Protection Ass'n v. King County CouncilWashington Supreme Court · 1976
- Farm Supply Distributors, Inc. v. Washington Utilities & Transportation CommissionWashington Supreme Court · 1974
- Swift v. Island CountyWashington Supreme Court · 1976
- Department of Ecology v. Ballard Elks Lodge No. 827Washington Supreme Court · 1974
- Willard v. Employment Security DepartmentCourt of Appeals of Washington · 1974
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