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Stock dividend

Black's Law Dictionary · Henry Campbell Black, M.A. · 1910

Black's Law Dictionary

One paid in stock, that is, not in money, but in a proportional number of shares of the capital stock of the company, which is ordinarily increased for this purpose to & corresponding extent Kaufman v. Charlottesville Woolen Mills Co., 93 Va. 673, 25 S. El 1003; Thomas v. Gregg, 78 Md. 545, 28 Atl. 565.

44 Am. St Rep. 310