Assertion: seat belt's seat | /r/HasProperty | founded on may
Facets:
value: in a time
type: TEMPORAL
Source sentences:
text: SEAT under its current name was founded on May 9, 1950, under the denomination 'Sociedad Española de Automóviles de Turismo, S.A.' (S.E.A.T.) by the Instituto Nacional de Industria (INI) with a starting capital of 600 million pesetas — equivalent today of almost 3.6 million euros — in the form of 600,000 shares of 1000 pesetas each, and in a time when the country was in need of remodelling the fundamental structures in its national economy, just after the end of World War II.