Postby dognose » Fri Jul 31, 2020 5:39 am
After an existence of 20 years, the partnership of Wright, Kay & Co. has been ended and a corporation has been formed under the same name. The paid-up capital is $300,000 and the majority of the stock is owned by members of the former partnership. Several of the older clerks have taken blocks of stock and four or five business men of Detroit have purchased shares. The business was started March 1, 1872, under the name of Roehm & Wright, and was changed to Wright, Kay & Co., 14 years ago. At a stockholders’ meeting of the firm. May 14, H. M. Wright was elected president and general manager; John Kay, vice-president, and F. A. Kelsey, secretary-treasurer.
Source: The Jewelers' Circular - 16th May 1906
Trev.