Allot

To apportion, distribute; to divide property previously held in common among those entitled, assigning to each his ratable portion, to be held in severalty; to: set apart specific property, a share of a fund,. ete., toa distinct party. In the law of corporations, to allot shares, debentures, ete., is to appropriate them to the applicants or persons who have applied for them; this is generally done by sending to each applicant a letter of allotment, informing him that a certain number of shares have been allotted to him.

Sweet.