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06-16-2011, 07:49 AM | #1 |
Senior Member
Join Date: May 2010
Location: Southbridge, Ma.
Posts: 1,614
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Happy Birthday Ford !
I heard on the radio this morning that today is the birthday of Ford Motor Company. It was officially started on June 16, 1903. Can anyone confirm that?
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06-16-2011, 12:48 PM | #2 |
Member
Join Date: Jun 2011
Location: Southeast, TN in the Foothills of the Great Smokey Mtns
Posts: 49
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Re: Happy Birthday Ford !
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"On June 16, 1903, the Ford Motor Company was incorporated, with 12 investors owning a total of 1000 shares. Ford and Malcomson together retained 51% of the new company in exchange for their earlier investments. When the total stock ownership was tabulated, shares in the company were: Henry Ford (255 shares), Alexander Y. Malcomson (255 shares), John S. Gray (105 shares), John W. Anderson (50 shares), Horace Rackham (50 shares), Horace E. Dodge (50 shares), John F. Dodge (50 shares), Charles T. Bennett (50 shares), Vernon C. Fry (50 shares), Albert Strelow (50 shares), James Couzens (25 shares), and Charles J. Woodall (10 shares)." |
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