WATYF,
What you are looking for areLabel controls. Label controls by default are already set up to do what you want to do. The user cannot select the text, and obviously it is read only. I have Labels in my program that display constantly changing data set up with a BorderStyle = None, and a FlatStyle = Standard. Also, with a Label control, you can set the BackColor property to transparent (unlike a TextBox control.)
As an easy way to make changes to the Label control properties, or the TextBox properties,you can ctrl+select all of the textboxes that you want, and then change those properties for all of those textboxes at the same time.
I hope this helps.
Bob