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STATE EX REL. TOLL BRIDGE AUTH. v. YELLE

No. 36240.

61 Wn.2d 28 (1962)

377 P.2d 466

THE STATE OF WASHINGTON, on the Relation of Washington Toll Bridge Authority, Plaintiff, v. CLIFF YELLE, as State Auditor, Respondent, THE WASHINGTON STATE FINANCE COMMITTEE et al., Intervenors.

The Supreme Court of Washington, En Banc.

December 13, 1962.

Attorney(s) appearing for the Case

The Attorney General, Weter, Roberts & Shefelman, Harold S. Shefelman, Thomas R. Garlington, and Elvin J. Vandeberg, Special Assistants, for plaintiff and intervenors.

The Attorney General, Dore, Dubuar & Dore and Fred H. Dore, Special Assistants, David C. Cummins, Assistant, and James M. Morris, for respondent.

ROSELLINI, J.

This is an original mandamus application to compel the State Auditor to sign refunding bonds for (1) "The Washington State Ferry System Refunding Revenue Bonds, 1955," and (2) "The Washington Toll Bridge Authority, Ferry and Hood Canal Bridge Revenue Bonds, 1957."

The total original face value of the two issues was $40,500,000, of which $37,920,000 is unpaid. In order to avoid impending default, the legislature of 1961 chose to refund both issues...

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