Weekly Notes of Cases Argued And Determined in the Supreme Court ..., volume 3
Weekly Notes of Cases Argued And Determined in the Supreme Court ..., volume 3
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In our eReader you can find the full English version of the book. Read Weekly Notes of Cases Argued And Determined in the Supreme Court ..., volume 3 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Weekly Notes of Cases Argued And Determined in the Supreme Court ..., volume 3
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To quickly assess the difficulty of the text, read a short excerpt:
It is often a wise exercise of discre- tion for a corporation to strengthen itself in this way, and with such discretion a stockholder can- Dot interfere. His only remedy is by an appeal to the ballot at the election for directors. But where a corporation, having actually made pro- fits, proceeds to distribute such profits among the stockholders, the tenant for life would be entitled to receive them, and this without regard to the form of the transaction. Equity, which disre- gards form and gra...sps the substance, would award the thing distributed, whether stock or money, to whomsoever was entitled to the profits.
This is all that was done in Earp's Appeal. The profits had accumulated until they reached nearly three-quarters of a million. A considerable por- tion of this surplus was distributed to the stock- holders in the shape of new stock. It was con- fessedly profits. It was judicially ascertained to be profits after a careful examination and report by the Master.^ The corporation recognized the transaction as a distribution of profits.
What to read after Weekly Notes of Cases Argued And Determined in the Supreme Court ..., volume 3?
You can find similar books in the "Read Also" column, or choose other free books by Pennsylvania. Supreme Court, United States Circuit Court (3rd Circuit), United States District Court (Pennsylvania : Eastern District) to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
It is often a wise exercise of discre- tion for a corporation to strengthen itself in this way, and with such discretion a stockholder can- Dot interfere. His only remedy is by an appeal to the ballot at the election for directors. But where a corporation, having actually made pro- fits, proceeds to distribute such profits among the stockholders, the tenant for life would be entitled to receive them, and this without regard to the form of the transaction. Equity, which disre- gards form and gra...sps the substance, would award the thing distributed, whether stock or money, to whomsoever was entitled to the profits.
This is all that was done in Earp's Appeal. The profits had accumulated until they reached nearly three-quarters of a million. A considerable por- tion of this surplus was distributed to the stock- holders in the shape of new stock. It was con- fessedly profits. It was judicially ascertained to be profits after a careful examination and report by the Master.^ The corporation recognized the transaction as a distribution of profits.
What to read after Weekly Notes of Cases Argued And Determined in the Supreme Court ..., volume 3?
You can find similar books in the "Read Also" column, or choose other free books by Pennsylvania. Supreme Court, United States Circuit Court (3rd Circuit), United States District Court (Pennsylvania : Eastern District) to read onlineMoreLess
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