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Form No.
6--Articles
of Incorporation Realty Development Company
(Articles of
Incorporation Realty Development Company)
ARTICLES OF INCORPORATION
OF
__________________________ REALTY, INC.
Know
All Men By These Presents:
That we, all of whom are of legal age
and residents of the Philippines, Filipinos, have on this day,
voluntarily associated ourselves together for the purpose of forming
a stock corporation under the laws of the Republic of the
Philippines:
AND WE DO HEREBY CERTIFY:
FIRST: That the name of the
Corporation shall be
__________________________ REALTY, INC.
SECOND: That the specific
purposes for which said Corporation is formed are:
To acquire by purchase, lease, or
otherwise, lands or interest in lands and realty, and to own, hold,
improve, develop, manage, and operate said land or lands or real
estate so acquired, and to erect or cause to be erected on any
lands, owned, held, occupied, or acquired by the corporation,
buildings and other structures with their appurtenances, and to
rebuild, enlarge, alter, improve, or remodel any building or other
structures now or hereafter erected on any lands or real estates so
owned, held or occupied, or otherwise dispose of any lands or real
estate or interests in lands or real estates and in buildings and
other structures at anytime owned or held by the corporation.
THIRD: That the place where
the principal office of the corporation is to be established or
located is at _____________,
Philippines.
FOURTH: That the term for
which the Corporation is to exist is
_____________ (________) years from and after the date
of issuance of the Certificate of Incorporation.
FIFTH: That the names,
nationalities and residences of the incorporators are as follows:
Name
Nationality Residence
SIXTH: That the number of
directors of the Corporation shall be five (5) and that the
names, nationalities and residence of the Directors of said
Corporation who shall act as such until their successors are elected
and have qualified as provided for in the by-laws are as follows:
Name
Nationality Residence
SEVENTH: That the authorized
capital stock of the Corporation is
_____________ (P_____________)
PESOS in lawful money of the Philippines, divided into
__________________________ (_________)
shares with the a par value of
_____________ (P_________)
PESOS per share.
EIGHT: That the authorized
capital stock of the corporation has been fully subscribed
representing the sum of
__________________________ (P_______________)
PESOS, Philippine Currency, and at least twenty (25%) per cent of
the total subscription has been paid as follows:
Name No. of Shares
Subscribed Amount Paid-In
NINTH: That
_____________ has been elected
by the subscribers as Treasurer of the corporation to act as such
until his/her successor is duly elected and qualified in accordance
with the by-laws; and that as such Treasurer,
(he/she) has been authorized to
receive for and in the name and for the benefit of the corporation,
all subscriptions paid by the subscribers.
TENTH: That no transfer of
stocks or interest therein which will reduce the ownership of
Filipino citizens to less than the percentage of the capital stock
required by law shall be allowed or permitted to be recorded in the
Corporate Books and this restriction shall be indicated in all the
stock certificates issued by the corporation.
ELEVENTH: That the corporation
manifests its willingness to change its corporate name in the event
another person, firm or entity has acquired a prior right to use the
said firm name or one deceptively or confusingly similar to it.
IN WITNESS WHEREOF, we have
hereunto affixed our signatures this
_____________, at the City of
_____________, Philippines.
(SIGNATURES OF ALL
INCORPORATORS)
SIGNED IN THE PRESENCE OF:
__________________ __________________
(ACKNOWLEDGMENT)
Form No. 7--Articles
of Incorporation Merchandising Trading Company
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