Michigan Court of Appeals February 22, 1972, Docket 10215 (Wright v. Seco Metals, Inc)

R. B. Burns, P. J.

Seco Metals, Inc., was incorporated as a Michigan corporation on December 10, 1964. Its articles authorized capital stock of 25,000 shares of no par common stock. The book value and the price fixed for sale was $1 per share. Maurice 0. Hample, Delores M. Hample, and Martin Goulooze were named as incorporators.