Monday, December 12, 2011

Apple's founding contract coming up for auction

[ Reuters
The contract that established Apple as a corporate entity in 1976 and another document, signed 11 days later, that removed one of the partners are expected to fetch up to $150,000 when they are auctioned next week by Sotheby's on 13 Dec.

The contract establishes the Apple Computer Company and states that Jobs and Steve Wozniak will each be given 45 percent of Apple's shares. Ronald Wayne, who drafted the contract, was given 10 percent.


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