First Nat. Bank of Tuskaloosma v. Hill

LIVINGSTON, Justice.

This is a bill in equity to determine the ownership of a stock dividend declared by the First National Bank of Tuskaloosa on January 15, 1923, and represented by certificate No. 157, and a two per cent, cash dividend of $10 declared by said bank, payable to the stockholders of the bank of record as of December 30, 1939. The two per cent, cash dividend of $10 declared on the stock represented by certificate No. 157 has not been paid by the bank to any one. The bill also prays for a sale for division of certificate No. 157. ‘

The record discloses that Martha Hill, a resident…