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    Articles of Incorporation - Realty Development Company

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    rutchel espinosa
    This document outlines the articles of incorporation for a realty development company. It establishes the company name, location, purpose, lifespan, founding directors and shareholders. The company will acquire and develop land and real estate. It sets the authorized capital stock at [amount] divided into [number] shares with a par value of [amount] each. At least 25% of the total stock subscription has been paid in full. The document designates a treasurer and restricts non-Filipino ownership to the level required by law.

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    Articles of Incorporation - Realty Development Company

    Uploaded by

    rutchel espinosa
    316 views3 pages
    This document outlines the articles of incorporation for a realty development company. It establishes the company name, location, purpose, lifespan, founding directors and shareholders. The company will acquire and develop land and real estate. It sets the authorized capital stock at [amount] divided into [number] shares with a par value of [amount] each. At least 25% of the total stock subscription has been paid in full. The document designates a treasurer and restricts non-Filipino ownership to the level required by law.

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    for reference

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    This document outlines the articles of incorporation for a realty development company. It establishes the company name, location, purpose, lifespan, founding directors and shareholders. The company will acquire and develop land and real estate. It sets the authorized capital stock at [amount] divided into [number] shares with a par value of [amount] each. At least 25% of the total stock subscription has been paid in full. The document designates a treasurer and restricts non-Filipino ownership to the level required by law.

    Copyright:

    © All Rights Reserved
    Download as RTF, PDF, TXT or read online from Scribd
    Download as rtf, pdf, or txt
    316 views3 pages

    Articles of Incorporation - Realty Development Company

    Uploaded by

    rutchel espinosa
    This document outlines the articles of incorporation for a realty development company. It establishes the company name, location, purpose, lifespan, founding directors and shareholders. The company will acquire and develop land and real estate. It sets the authorized capital stock at [amount] divided into [number] shares with a par value of [amount] each. At least 25% of the total stock subscription has been paid in full. The document designates a treasurer and restricts non-Filipino ownership to the level required by law.

    Copyright:

    © All Rights Reserved
    Download as RTF, PDF, TXT or read online from Scribd
    Download as rtf, pdf, or txt
    of 3

    (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)

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