ABSTRACT
By the writ the plaintiff claimed, on behalf of himself and all other the preference and ordinary stockholders and shareholders of the Waterford and Limerick Railway Company:—
An injunction to restrain the defendant Company and the Directors thereof from paying to the preference stockholders or shareholders of said Company, or any of them, the dividends declared and passed at the General Meeting of the said Company, held on the 28th February, 1888;
An injunction to restrain the said defendant Company and the Directors thereof from applying, towards the payment of the said dividends, any portion of the earnings or revenue of the said Company during the year 1887, which ought to have been applied or set aside for the purpose of making good the wear and tear of the railway, lines, buildings, bridges, rolling stock, and other the property and capital of the undertaking, which occurred during the year 1887, and for replacing so much of same as had, during the said year, been destroyed or lost;….
