New Jersey Court of Chancery January 17, 1905 (Stevens v. United States Steel Corp.)

Stevenson, V. C.

The complainant, as the holder of thirty shares of the common stock of the defendant corporation, files his bill, on behalf of himself and other stockholders who may come into the suit, to compel the declaration of a dividend upon the common stock out of an alleged accumulation of profits amounting, in January, 1904, to sixty-six million dollars ($66,000,000).