The Law Reports (Chancery Division)
[1933] Ch 505
[CHANCERY DIVISION]
In re
SANDBACH.
ROYDS
v.
DOUGLAS.
[1932. S. 3506.]
1932 Dec. 7,
8.
FARWELL J.
Will
— Bequest of Cumulative Preference Shares
— Dividends on Shares in Arrear
— Issue by Company of Funded Dividend Certificates, Saleable and Redeemable, in lieu of Payment of Arrears
— Whether Income or Capital.