New York Court of Appeals
Tifft Against Porter.
June 5, 18538 N.Y. 516
Summary
The New York Court of Appeals held that the bequest of 240 shares of Cayuga County Bank stock to the widow was a general legacy, not a specific one, and therefore she was not entitled to dividends that accrued before the transfer. The court reversed the lower court's judgment for the plaintiff and remanded for a new trial. Justice Willard dissented, arguing the legacy should be treated as a specific purchase and the widow should receive the dividends.