Rust Pipe Company was established in $1994.$ Four years later the company went public. At that time, Roberta Rust, the original owner, decided to establish two classes of stock. The first represents Class A founders' stock and is entitled to $14$ votes per share. The normally traded common stock, designated as Class B$,$ is entitled to one vote per share. In late $2010,$ Mr$.$ Park, an investor, was considering purchasing shares in Rust Pipe Company. While he knew the founders$$ shares were not often present in other companies, he decided to buy the shares anyway because of a new technology Rust Pipe had developed to improve the flow of liquids through pipes.

Of the $2,000,000$ total shares currently outstanding, the original founder's family owns $52,925$ shares. Rust Pipe Company was established in $1994.$ Four years later the company went public. At that time, Roberta Rust, the original owner, decided to establish two classes of stock. The first represents Class A founders' stock and is entitled to $14$ votes per share. The normally traded common stock, designated as Class B$,$ is entitled to one vote per share. In late $2010,$ Mr$.$ Park, an investor, was considering purchasing shares in Rust Pipe Company. While he knew the founders$$ shares were not often present in other companies, he decided to buy the shares anyway because of a new technology Rust Pipe had developed to improve the flow of liquids through pipes.

Of the $2,000,000$ total shares currently outstanding, the original founder's family owns $52,925$ shares.