Legal Opinion

Geier v. Mercantile-Safe Deposit & Trust Co.

Court of Appeals of Maryland

Decided December 17, 1974No. [No. 17, September Term, 1974.]PublishedCited by 11 opinions

1Opinion of the CourtSingley, J.

Levine, Eldridge and O’Donnell, JJ., dissent and Eldridge, J., filed a dissenting opinion in which Levine and O’Donnell, JJ., concur at page 125 infra.

In May, 1970, Mercantile-Safe Deposit and Trust Company (the Mercantile) and George Stugard, trustees of the trust estate created by the will of Richard P. Ernst, received a distribution of 56,000 shares of the common stock, without par value, of The Procter & Gamble Company (the Company) as a consequence of what was characterized by the Company as a two-for-one split of its stock. Mindful of the decisions of this Court in Donaldson v.…

2Cases cited30 opinions

  1. Burnet v. Coronado Oil & Gas Co.Supreme Court of the United States · 1932
  2. In Re the Accounting of OsborneNew York Court of Appeals · 1913
  3. Minot v. PaineMassachusetts Supreme Judicial Court · 1868
  4. Earp's AppealSupreme Court of Pennsylvania · 1857
  5. Staley v. Safe Deposit & Trust Co.Court of Appeals of Maryland · 1947

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3Cited by11 opinions

  1. Matter of Estate of DawsonSupreme Court of New Jersey · 1994
  2. Austin v. Mayor of BaltimoreCourt of Appeals of Maryland · 1979
  3. Anacomp, Inc. v. WrightIndiana Court of Appeals · 1983
  4. Danaher v. C. N. Flagg & Co.Supreme Court of Connecticut · 1980
  5. Mount v. MountCourt of Special Appeals of Maryland · 1984

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