Legal Opinion

McMurray v. SEC. BK. OF LYNNWOOD

Washington Supreme Court

Decided July 2, 1964No. 37280PublishedCited by 6 opinions

1Opinion of the CourtOtt, C. J.

The legislature, in 1959, amended the state banking laws relative to the organization and powers of a state bank by adding subdivision 7 to RCW 30.08.020, as follows:

“Persons desiring to incorporate a bank or trust company shall execute articles of incorporation in quadruplicate, which shall be submitted for examination to the supervisor at his office in Olympia.
“Articles of incorporation shall state:
“
“(7) That for a stated number of years, which shall be not less than ten nor more than twenty years from the date of approval of the articles (a) no voting share of the corporation shall,…

2Cases cited5 opinions

  1. State Ex Rel. Swanson v. PerhamWashington Supreme Court · 1948
  2. Republic Investment Co. v. Naches Hotel Co.Washington Supreme Court · 1937
  3. Opdyke v. Security Savings & Loan Co.Cuyahoga County Common Pleas Court · 1950
  4. First Trust Co. v. United StatesDistrict Court, D. Minnesota · 1936
  5. Opdyke v. Security Savings & Loan Co.Ohio Court of Appeals · 1951

3Cited by6 opinions

  1. Silverstreak, Inc. v. STATE DEPT. OF LABORWashington Supreme Court · 2007
  2. Silverstreak, Inc. v. Department of Labor & IndustriesWashington Supreme Court · 2007
  3. Riccobono v. Pierce CountyCourt of Appeals of Washington · 1998
  4. G M B Enterprises, Inc. v. B-3 Enterprises, Inc.Court of Appeals of Washington · 1985
  5. Patrick M. McQueen v. Julie L. WilliamsCourt of Appeals for the Sixth Circuit · 1999

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