ARTICLES OF INCORPORATION
OF
__________________________
(Name of Corporation)
KNOW ALL MEN BY THESE
PRESENTS:
The undersigned
incorporators, all of legal age and a majority of whom are residents of the
Philippines, have this day voluntarily agreed to form a (stock) (non-stock)
corporation under the laws of the Republic of the Philippines;
AND WE HEREBY CERTIFY:
FIRST: That the name of said
corporation shall be
"..............................................,
INC. or CORPORATION";
SECOND: That the purpose or
purposes for which such corporation is incorporated are: (If there is more than
one purpose, indicate primary and secondary purposes);
THIRD: That the principal
office of the corporation is located in ______________________________;
FOURTH: That the term for
which said 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 of the corporation are as
follows:
NAME
NATIONALITY
RESIDENCE
.....................................
..................................... .....................................
.....................................
..................................... .....................................
.....................................
..................................... .....................................
.....................................
..................................... .....................................
.....................................
..................................... .....................................
SIXTH: That the number of
directors or trustees of the corporation shall be .............; and the names,
nationalities and residences of the first directors or trustees of the
corporation 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 par value of ...................................
(P.......................) Pesos per share.
That the capital stock of
the corporation is ........................... shares without par value. (In
case some shares have par value and some are without par value): That the
capital stock of said corporation consists of ........................ shares
of which ....................... shares are of the par value of
.............................. (P.....................) PESOS each, and of
which ................................ shares are without par value.
EIGHTH: That at least twenty
five (25%) per cent of the authorized capital stock above stated has been
subscribed as follows:
Name of
Subscriber Nationality No of
Shares Amount
Subscribed
Subscribed
..................................
.................... ........................ .......................
..................................
.................... ........................ .......................
..................................
.................... ........................ .......................
..................................
.................... ........................ .......................
..................................
.................... ........................ .......................
NINTH: That the above-named
subscribers have paid at least twenty-five (25%) percent of the total
subscription as follows:
Name of
Subscriber Amount
Subscribed Total Paid-In
...................................
...................................... ...............................
...................................
...................................... ...............................
...................................
...................................... ...............................
...................................
...................................... ...............................
...................................
...................................... ...............................
TENTH: That
....................................... has been elected by the subscribers as
Treasurer of the Corporation to act as such until his successor is duly elected
and qualified in accordance with the by-laws, and that as such Treasurer, he
has been authorized to receive for and in the name and for the benefit of the
corporation, all subscription (or fees) or contributions or donations paid or
given by the subscribers or members.
ELEVENTH: That the
Corporation hereby undertake to change its corporate name immediately upon
receipt of notice or directive from the Commission in the event that another
corporation, partnership, or person has acquired a prior right to the use of
that name or that the name has been declared as misleading, deceptive,
confusingly similar to a registered name, or contrary to public morals, good
customs, or public policy.
TWELVETH: (Corporations
which will engage in any business or activity reserved for Filipino citizens
shall provide the following):
"No transfer of stock
or interest which shall reduce the ownership of Filipino citizens to less than
the required percentage of the capital stock as provided by existing laws shall
be allowed or permitted to recorded in the proper books of the corporation and
this restriction shall be indicated in all stock certificates issued by the
corporation."
IN WITNESS WHEREOF, we have
hereunto signed these Articles of Incorporation, this ................... day
of .............................., 20.......... in the City/Municipality of
........................................, Province of
................................................., Republic of the Philippines.
(Names and signatures of the
incorporators with their TINs and CTCs)
SIGNED IN THE PRESENCE OF:
.
............................................
.............................................
ACKNOWLEDGMENT
REPUBLIC
OF THE PHILIPPINES )
_________________________
) S.S.
BEFORE ME a
Notary Public for and in the City of_____________________, this _______ day of
___________, personally appeared the above persons with their CTC No. below their
signature, to wit, who
acknowledged that foregoing is their voluntary act and deed.
This instrument refers to an Article of Incorporation
consisting of _____ (__) pages including this page where the acknowledgement is
written, and signed by the parties and their instrumental witnesses on the
signature page and every page hereof.
WITNESS
MY HAND AND SEAL on the date and place above written.
Doc.
No. _________; NOTARY
PUBLIC
Page
No. _________;
Book
No. _________;
Series of __________.
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