Peppler v. Roffe

The opinion of the court was delivered by

Heheb, J.

We concur in the view of the learned vice-chancellor that defendant Emeline Roffe has not established her claim of title to the disputed shares of the capital stock of the High-wood Realty and Building Company. The essentials of a valid gift inter vivos were not proven. The evidence does not warrant the finding of either a donative intent or the donor’s delivery of the subject-matter, accompanied by a complete surrender of ownership and dominion, requisite to a gift of this character. The stock was not transferred on the corporate books. It…