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TOICHI KAWAUCHI AND MATSU KAWAUCHI v. ICHIRO TABATA, MITSUYE TABATA, DAVID PANG, BETTY PANG, COOKE TRUST COMPANY, LIMITED, AS EXECUTOR OF THE ESTATE OF RICHARD KAINUMA, DECEASED, MILDRED KAINUMA, WILFRED OHTA, OKIMI YAE OHTA, EDWARD YAMADA, ALBERT YAMADA, VERNON NUNOKAWA, CHIYO NUNOKAWA, ISAAC KAWASAKI, TOKI KAWASAKI, KAZUO MIYAMOTO, SEIKO MIYAMOTO, HONG CHONG CHANG, LORRAINE CHANG, BISHOP TRUST COMPANY, LIMITED, AS EXECUTOR OF THE ESTATE OF CLARENCE KUSUNOKI, DECEASED, BISHOP TRUST COMPANY, LIMITED, AS EXECUTOR OF THE ESTATE OF MEREDITH KUSUNOKI, DECEASED, AND FIRST NATIONAL BANK.

Per Curiam.

Plaintiffs have petitioned for rehearing contesting the holding that they must pay interest in order to redeem. Main reliance is upon the theory that, by the amendments made by S.L. 1931, c. 137, the legislature adopted the usury statute of the State of Washington, with only minor variations, and upon the further proposition that the State also borrowed the construction previously put upon the Washington statute. If so, Vanasse v. Esterman, 147 Wn. 300, 265 P. 738, decided in 1928, is clearly in point in support of the conclusion reached in our opinion. Petitioner cites the subsequent case of Trautman v. Spokane Sec. Finance Corp., 163 Wn. 585, 1 P.2d 867, and contends it is still good law in Washington in view of the treatment of that case in Goodwin Co. v. National Discount Corp., 5 Wn.2d 521, 102 P.2d 805, cited in our opinion. However that may be, Trautman was decided after the 1931 statute took effect here.

The subject matter of the petition having been fully considered by the court in its opinion, the petition is denied without argument. Wirtz, J., who dissented from the majority in the original opinion, finds no merit in the petition and joins with the majority in its denial without retreating from the position taken in the dissent.

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KAWAUCHI v. TABATA
(Apr 21, 1966)