Definition of "shareholder"

Hudson personally would not face the music at that meeting and the business could hardly proceed for groans and hisses and cries of "Hudson! Hudson! Why is Hudson not here?" and so the ungrateful shareholders to whom Hudson had generously paid dividends out of their own capital cast out Hudson bag and baggage, including therein the agreement with the Newmarket Railway.

1941 December, Kenneth Brown, “The Newmarket & Chesterford Railway—II”, in Railway Magazine, page 533