Two women are walking down the street when a mugger approaches them and demands their money.
They both grudgingly pull out their wallets and begin taking out their cash.
Just then, the woman turns to the other and hands her a bill.
"Here’s that $20 I owe you," she says.
Ford Motor CompanyIn 1903, Henry Ford was named in paperwork for incorporation as Vice President of the Ford Motor Company, with investor John S. Gray, as President that was filed by mail on this day. They were shareholders, as were ten more investors who signed. Those included Alexander Malcomson, a coal dealer, who had supplied financing since 20 Aug 1902 as Ford's partner in the fledgling car-making business of Ford & Malcomson, Co. The Ford Motor Company was formed to raise more capital than Ford or Malcomson had themselves. Gray was a wealthy candy manufacturer and banker, and Malcomson was his nephew. Michigan's Secretary of State received the documents the next day, 17 Jun 1903. A month after the Ford Motor Co. was legally incorporated, it sold its first Model A car on 23 Jul 1903.« |
