duPont v. duPont

The Chancellor.

There are four dividends with which we are concerned in this case. They are:(1) The 200 per cent, dividend paid on October 1, 1915, in common stock of the du Pont Company (1915) of Delaware to the common stockholders of the du Pont Company (1903) of New Jersey. This dividend amounts to 7,746 shares of the Delaware company.(2) The 50 per cent, dividend of 3,873 shares of its own common stock paid to the Delaware du Pont Company’s common stockholders on December 29, 1922.(3) The 40 per cent, dividend of 4,647.6 shares of its own common stock paid to the Delaware du Pont Company’s…