Lancaster Trust Co. v. Mason

When we considered this cause at last term we concluded that under the terms of the contract of sale of the stock in the Durham Cotton Manufacturing Company the reservation of the “January dividend” by plaintiff entitled it not only to the regular 4 per cent and extra 6 per cent- cash dividend declared and payable then, but also to the value of the so-called 50 per cent stock dividend which was declared at same time as the regular and extra cash dividends.

Upon a careful review of the correspondence between the parties and a further consideration of the case we are led to the conclusion that…