State v. Manchester & Lawrence Railroad
Supreme Court of New Hampshire
Debt, to recover the excess above the average of ten per cent per annum of the defendants’ net receipts. Trial by a referee, upon whose report judgment was ordered for the defendants, subject to exception.
1Opinion of the CourtPeaslee, J.
The state claims to recover from the defendants sums alleged to have been received by them in excess of the amount they are allowed to receive and retain, as against the jpublic. It charges that the defendants have divided to their stockholders more than the ten per cent specified in the statutory grants to them. The parties disagree as to what the amount is upon which the percentage is tobe reckoned, and also as to.whether the stockholders are entitled to interest upon deferred dividends.
The claim of the state is that the defendants can divide ten per cent npon the capital stock issued, and…
2Cases cited7 opinions
- Opinion of the JusticesSupreme Court of New Hampshire · 1891
- State Ex Rel. Pearson v. HayesSupreme Court of New Hampshire · 1881
- Burke v. Concord RailroadSupreme Court of New Hampshire · 1881
- Fellows v. FellowsSupreme Court of New Hampshire · 1896
- Stanyan v. PeterboroughSupreme Court of New Hampshire · 1898
2 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Terre Haute & Indianapolis Railroad v. State ex rel. KetchamIndiana Supreme Court · 1902
- Connecticut Valley Lumber Co. v. MonroeSupreme Court of New Hampshire · 1902
- Pettee v. Omega Chapter of Alpha Gamma RhoSupreme Court of New Hampshire · 1934
- Stearns v. O'DowdSupreme Court of New Hampshire · 1917
- Smith v. SmithSupreme Court of New Hampshire · 1928
3 more not listed; retrieve them via the Exa API.