| New Jersey. Court of Chancery - Equity - 1869 - 644 pages
...the earnings on such capital, as well ai on the par value of the shares, belong to the life tenant. 2. When an extra dividend is declared out of the earnings...so much must be considered as part of the capital! This cause was heard on bill and answer. Mr. Emery and Mr. Richey, for complainants. Mr. CS Green,... | |
| Law - 1869 - 820 pages
...Truttee, 4 CE Green. When an extra dividend is declared out of the earnings or profits of such companv, such extra dividend belongs to the life tenant, unless...so much must be considered as part of the capital : Id. VENDOR AND PURCHASER. Forfciture. — When the time for payment of the purchase-money has been... | |
| New Jersey. Court of Chancery - Equity - 1876 - 652 pages
...dividends in question as having^been declared in respect to the earnings of the company, not carried to the account of accumulated profits or surplus earnings at the death of the testator, as to any stock held by him then, or at the time of the investment, as to any stock bought by the executors... | |
| Thomas Carl Spelling - Corporation law - 1892 - 736 pages
...the life tenant. When an extra dividend is declared out of the earnings or profits of the company, it belongs to the life tenant, unless part of it was...which case so much must be considered as part of the capital.1 If the owner of bank shares conveys them to another in trust, the dividends to be paid to... | |
| James Kent - Law - 1901 - 1112 pages
...Rev. 720. But the tendency of some decisions is to give the tenant for life all extra dividends except earnings carried to account of accumulated profits or surplus earnings at the time the stock was bequeathed or purchased. Earp's Appeal, supra ; Van Doren v. Alden, 4 CE Green (19... | |
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