Scribd Logo
Upload

Welcome to Scribd!

  • Board of Directors Feb 2014 Sampe Minutes

    Uploaded by

    Rampage Dx
    9 views3 pages
    a

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    a

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    9 views3 pages

    Board of Directors Feb 2014 Sampe Minutes

    Uploaded by

    Rampage Dx
    a

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    of 3
    MINUTES OF THE SPECIAL MEETING OF THE BOARD OF DIRECTORS OF PHILIPPINE ESTATES CORPORATION HELD ON February 4, 2014 AT THE PHILIPPINE ESTATES BOARDROOM, ONE CORPORATE CENTER 3STH FLOOR, ONE CORPORATE CENTER, JULIA VARGAS AVENUE CORNER MERALCO AVENUE, ORTIGAS CENTER, PASIG CITY Attendance: Mr. Antonio A. Henson Ms. Elvira A. Ting Ms. Dee Hua T. Gatchalian Mr. Renato B. Magadia Mr. Arthur Lopez Mr. Richard L. Ricardo Mr. James B. Palit-ang Mr. Sergio R. Ortiz-Luis Je. Any. Artur R, Ponsaran Any, Joaquin P. Obieta Aa. Miguel B. Varela Arty. Mariel L. Francisco PROCEEDINGS OF THE MEETING ‘CALL TO ORDER, ‘Mr. Antonio A. Henson, Chairman, called the meeting to order and thereafter presided. ‘Atty. Mariel L. Francisco ~ Assistant Corporate Secretary duly recorded the Minutes of the Meeting. DETERMINATION OF QUORUM. The Assistant Corporate Secretary certified that a majority of the Board of Directors were in attendance hence, there was a quorum for the transaction of business. Al FOR AND. OA AC WITH RATION — CH. ‘On motion duly made and seconded, the Board unanimously passed the following resolutions, to wit “RESOLVED, that che Corporation be as i is hereby authorized to apply and enter into a Gredit Line Agreement with Platinum (Iloilo) Corporation — Jaro Branch, Jato lloilo City; gre “RESOLVED, that the Corporation hereby authorize Platinum (Iloilo) Corporation and/or its authorized representative to conduct a credit investigation with my depository banks. The Corporation hereby frees Platinum (Iloilo) Corporation and/or its authorized representative from any liability in connection with the said credit investigation. “RESOLVED, that cha following designated officers and authorized signatories be, as they hereby | ate, empowered and authorized to sign, execute and deliver, for and on behalf of the Corporation, any and | all documents necessary for the above-mentioned purpose: NAME, POSITION Ms. Elvira A. Ting President Mr. James B Palit-Ang Vice-President This Board Resolution shall remain in full force and jd shall be binding on the Corporation, and shall constitute the basis and authority for the aforesaid Credit Line Application and subsequent renewals thereof with Platinum (Iloilo) Corporation, unless, otherwise revoked in writing and notice to this effect is received by Platinum (Iloilo) Corporation from che Corporation.” ADJOURNMENT. ‘There being no other business to transact, the meeting was 5 ATTESTED BY: (ote "ANTONIO A. HENSON, Chairman ‘DEE|HUA T. GATCHALIAN "ARTHUR M, LOPEZ Director Director, RENATO B MAGADIA “JORQUIN P. OBIETA Director Director LZ GIO R;ORTIZ-LUIS, JR eS Director "ATTY ARTHUR R. PONSARAN

    You might also like