Assembly Bill 185 (Feigenbaum – 1933)
Chapter 533, Statutes of 1933 - AB 185
Numerous former Civil Code sections relating to corporations were affected in 1933 following legislative approval of Assembly Bill 185. (See Exhibit #1e) This bill was introduced by Assembly member B.J. Feigenbaum on January 9, 1933. (See Exhibit #1a)
Assembly Bill 185 was assigned to the Assembly and Senate Committee on Judiciary where policy issues raised by the bill were considered. (See Exhibit #2) Three amendments were made to Assembly Bill 185 during legislative consideration. (See Exhibit #1b through #1d and #2) Subsequent to legislative approval, Governor James Rolph, Jr. signed Assembly Bill 185 on May 17th, and it was recorded by the Secretary of State on May 24th as Chapter 533 of the Statutes of 1933. (See Exhibit #2)
Assembly Bill 185 was one in a series of bills introduced by Assembly member Feigenbaum that had been proposed by the State Bar Committee on Corporations. (See Exhibit #2)
Neither the legislative committees hearing this bill nor its author nor the Governor have left documentation surviving on its consideration. We then researched related treatises, publications, studies, and reports. We have culled through the contemporary 1933 trade association and lobbyists’ periodicals as well as contemporaneous law reviews and treatises in an effort to obtain commentary on the history of the bill.