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A Dictionary of Law · William C. Anderson · 1889

A Dictionary of Law

A portion of anything: as, a share of stock, a share in an estate, a widow's share.

5 See Paet, 1; Portion.

A share in a corporation is a right to participate in the profits, or in a final distribution of the corporate property pro rata.' There is no such thing in rerum natura as a *' railway share." It is not such a thing as you can see or touch. It is a term which indicates simply a right to participate in the profits of a particular joint-stock undertaking. And the word stock may have the same meaning, as, in a will.^ Share and share alike. Equal in quantity and quality; in equal proportions. In a will, " equally to be divided," " share and share alike," "respectively between and among" certain persons, will generally create a tenancy in common. ^ ■ Shareholder.

See Stock, 3.