McCormick v. Frisch

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• finding a distribution of stock was a stock split rather than a stock dividend where, inter alia, “[a]ny holder of one share of [voting] common stock received one share of [voting] common stock and three shares of non-voting common stock”
• \A share of stock of a corporation represents an aliquot portion of the net capital assets. . . . It is merely the evidence of the holder's ownership of the stock and of his rights as a stockholder to the extent therein specified.\

Source: CourtListener parenthetical corpus (CC0).