Jackson v. Maddox
Supreme Court of Georgia
Equitable petition. Before Judge Bell. Fulton superior court-December IS, 1909.
1Opinion of the CourtEisi-i, C. J.
The testator by his will gave one half of his stock in a banking company to his son. The other half he gave to his *32son to be held and controlled by him as trustee, “for the following purposes, viz.: to pay to my said daughter the income thereof for and during her natural life, and at her death to he equally divided between her children and grandchildren.” The banking company declared dividends on its stock, and also built up a large surplus fund. After some years the company passed a resolntion increasing its capital stock from $200,000 par value, to $500,000 par value, which was within its…
2Cases cited7 opinions
- Gibbons v. MahonSupreme Court of the United States · 1890
- Minot v. PaineMassachusetts Supreme Judicial Court · 1868
- Earp's AppealSupreme Court of Pennsylvania · 1857
- Hite's Devisees v. Hite'sCourt of Appeals of Kentucky · 1892
- Pritchitt v. Nashville Trust Co.Tennessee Supreme Court · 1896
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3Cited by5 opinions
- Armstrong v. MertsSupreme Court of Georgia · 1947
- Lamb v. LehmannOhio Supreme Court · 1924
- McHenry v. McHenrySupreme Court of Georgia · 1921
- Citizens & Southern National Bank v. FlemingSupreme Court of Georgia · 1935
- Bothwell v. EstepWashington Supreme Court · 1932