Selected Shock Transactions Alpha Sounds Corp., an electric guitarralet was organized by Michele Kirby Paul Grunn, and Gretchen Northway. The charter authorised 500,000 share with other affecting the rouily were completed during the first year of certion Journalist the antres to record the transactions If an amount te does not require an entry leave bank Isted 10,500 shares of stock at par to Paul den for at (1) Escued 600 shares of Mock at par to Michele Kirby for promotional provided in coton with the treation of the corporation, and 318.000 rs of tockport Mid chuh (1) (2) Purchased land and a building from Gretchen Northway in exchange for stoked at par. The building is mortgaped for $402,000 for 20 years and there is scored rest of $7.000 ne moroso at the time of the purchase. The corporation agreed to assume responibility for payng the mortgage note and accrued interest. Its agreed that the land is to a $319,000 and the building 400.000, and that Gretchen Northway will be issued stock at par 88 Previous Next