The Capital Stock Example in King outlines a Resolution of the Board of Directors for a corporation regarding the issuance of common stock. This form serves as a formal record of actions taken in a meeting, detailing the authorization to sell shares at a specific par value of one dollar. It includes sections for listing the names of individuals receiving shares, the number of shares issued, and the consideration paid. This document is essential for maintaining proper corporate governance and ensures compliance with relevant laws. Attorneys, partners, and owners will find it useful to document ownership transfers and stock issuance, while associates, paralegals, and legal assistants can leverage it for record-keeping and administrative functions. Filling out the form involves entering the corporation's details, the date of the meeting, and the financial or asset consideration for shares. It's designed to be straightforward, promoting clarity in governance documents and the stock issuance process.