Hi Brian: It took me a while, & I came back a couple of times before I realized what you had. I think, whoever wired the laundry panel from your main panel, didn't have big enough wire at the time, or it was cheaper to use two runs of smaller wire & two 60A breakers, than using the correct wire & a single 125A breaker. Do both of the incoming wire pairs from the breakers go to the top (feed) lugs, in the laundry panel? If they do, that's your answer. It works, but It's not safe, not Kosher & definitely not "code". Mark the breakers, & let service tech's know what you have. I hope I was right, otherwise it's weird. Cheers, Brian.