Forgot to say that since I am home with a bad cold I am bored and so just did a search and found this:
[en.wikipedia.org]
....The first board of directors meeting of Texas Distributors, Inc. was recorded on February 5, 1946 with John B. "Jack" Lowe, his mother, Mrs. Florence Lowe, and her sister, Mrs. Julia Lee Greer, in attendance. The three of them, according to the minutes, “subscribe for and agree to take” two hundred shares of stock in the company with Mrs. Greer and Jack each accepting ninety-nine shares and Mrs. Lowe two shares, all at a face value of one hundred dollars.
Mrs. Greer, who ran a successful auto parts business, co-signed the bank loan that provided twenty thousand dollars in start-up capital. She also lent the new company working space for a time in her building at 1820 Canton. The company charter was filed immediately with the Secretary of State’s office, enabling them to meet again at 2 pm the next day at Mrs. Greer’s building for the “first meeting of the incorporators and stockholders and subscribers.....”
[en.wikipedia.org]
....The first board of directors meeting of Texas Distributors, Inc. was recorded on February 5, 1946 with John B. "Jack" Lowe, his mother, Mrs. Florence Lowe, and her sister, Mrs. Julia Lee Greer, in attendance. The three of them, according to the minutes, “subscribe for and agree to take” two hundred shares of stock in the company with Mrs. Greer and Jack each accepting ninety-nine shares and Mrs. Lowe two shares, all at a face value of one hundred dollars.
Mrs. Greer, who ran a successful auto parts business, co-signed the bank loan that provided twenty thousand dollars in start-up capital. She also lent the new company working space for a time in her building at 1820 Canton. The company charter was filed immediately with the Secretary of State’s office, enabling them to meet again at 2 pm the next day at Mrs. Greer’s building for the “first meeting of the incorporators and stockholders and subscribers.....”