McLaughlin v. McLaughlin

Opinion by

Mr. Justice O’Brien,

Defendant-appellant, James J. McLaughlin, and plaintiff-appellee, Grace A. S. McLaughlin, are husband and wife. They owned, as tenants by the entire-ties, fifty-five shares of the common stock of American Telephone and Telegraph Company, represented by three stock certificates for five, twenty-four and twenty-six shares respectively. These shares were originally acquired by the parties as follows: (1) five shares purchased by Mrs. McLaughlin under an employee’s stock purchase plan and payroll deductions, while she was employed by Bell Telephone Co., originally…