The common stock or fund of a corporation. The sum of money raised by the subscriptions of the stockhold-ers, and dlvlded into shares. It is sald to he the sum upon which calls may be made upon the stockholders, and dividends are to he paid. Christensen v. Eno, 106 N. Y. 97, 12 N. E. 648, 60 Am. Rep. 429; People v. Com’rs, 23 N. Y. 219; State v. Jones, 51 ohio St. 492. 37 N. E. 945; Burrall v. Railroad Go., 75 N. Y. 216
Source: Black's Law Dictionary 2nd Ed (1910)
