Share And Share Alike Meaning

(law) Equal rights to or equal portions of profits, assets, bequests, or other valuable items legally owed to investors, partners, beneficiaries, or other named associates.

Example: 1697, Daniel Defoe, "Of Academies" in An Essay Upon Projects:
  [E]xquisite beauty is rarely given with wit, more rarely with goodness of temper, and never at all with modesty. And some, pretending to justify the equity of such a distribution, will tell us it is the effect of the justice of Providence in dividing particular excellences among all His creatures, "Share and share alike, as it were," that all might for something or other be acceptable to one another.
1898, Arthur Conan Doyle, The Tragedy of the Korosko, ch. 8:
  "No, no, share and share alike," he cried. "All sink or all swim, and the devil take the flincher."
1921, B. M. Bower, Sawtooth Ranch, ch. 1:
  Share and share alike, they lived and worked and wrangled together like brothers.
1845, James Fenimore Cooper, Satanstoe, ch. 4:
  "And your father and mine have purchased all this land in company, you say—share and share alike, as the lawyers call it."
1850, Charles Dickens, David Copperfield, ch. 31:
  [O]n his decease, the principal to be equally divided between Peggotty, little Emily, and me, or the survivor or survivors of us, share and share alike.
2000 Sept. 27, "In Our Pages 75 Years Ago," New York Times (retrieved 4 Sept 2013):
  [T]he husband, ordered by the court to divide his property share and share alike, sawed the family piano in half, together with the tables, chairs, pictures, rugs and draperies, and loading these on a truck had the halves carted to the new home of his wife.