You are on page 1of 3

ARTICLES OF INCORPORATION

OF

BLESSED MORE AGRICULTURAL CORPORATION

Know All Men By These Presents:

That we the undersigned incorporators, all of legal age and a majority of whom are
residents of the Philippines, 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 hereby certify:

FIRST: That the name of the Corporation shall be “BLESSED MORE AGRICULTURAL
CORPORATION”.

SECOND: That the specific purposes for which BLESSED MORE AGRICULTURAL CORPORATION
is incorporated are:

To engage in agriculture, farming, and to conduct and carry on the


business of buying and selling copra, corn, and other agricultural products; and
to engage in any activity in connection with the farming, production, marketing,
selling, purchasing, handling, processing, importing, and exporting of agricultural
products and maintaining all kinds of equipment, commodity and products
needed, necessary and incidental to the operation of the business of agriculture
and farming, and to buy, lease, hold or in any manner acquire any real or
personal property necessary and incidental to the business for which the
corporation is established.

THIRD: That the place where the principal office of the corporation is to be established or
located is at Block 8, Lot 4, Phase 3-A, Malesido Homes, Purok Matatag, Barangay San Isidro,
General Santos City, Philippines.

FOURTH: That the term for which the Corporation is to exist is FIFTY (50) 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:

1. Dave Dunn, Jr. American 138 Lake Charles, Louisiana, USA


2. Jade La Paz Dunn Filipino General Santos City, Philippines
3. Beth Aslee La Paz-Buladaco Filipino General Santos City, Philippines
4. Beth Mae Chelle La Paz-Oracion Filipino General Santos City, Philippines
5. Clemente La Paz II Filipino General Santos City, Philippines

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:

1. Dave Dunn, Jr. American 138 Lake Charles, Louisiana, USA


2. Jade La Paz Dunn Filipino General Santos City, Philippines
3. Beth Aslee La Paz-Buladaco Filipino General Santos City, Philippines
4. Beth Mae Chelle La Paz-Oracion Filipino General Santos City, Philippines
5. Clemente La Paz II Filipino General Santos City, Philippines

SEVENTH: That the authorized capital stock of the Corporation is FIVE HUNDRED THOUSAND
(P500,000.00) PESOS in lawful money of the Philippines, divided into FIVE THOUSAND (5,000)
shares with the a par value of ONE HUNDRED (P100.00) PESOS per share.
EIGHT: That the authorized capital stock of the corporation has been fully subscribed and paid
as follows:

Name Nationality No. of Shares Amount Paid-


Subscribed In
1. Dave Dunn, Jr. American 1,998 P199,800.00
2. Jade La Paz Dunn Filipino 2,999 299,000.00
3. Beth Aslee La Paz-Buladaco Filipino 1 100.00
4. Beth Mae Chelle La Paz-Oracion Filipino 1 100.00
5. Clemente La Paz II Filipino 1 100.00

The stockholders shall not transfer their shares except to each other. Transfers to third
persons shall not be valid or recognized unless approved, in writing, by at least two-thirds (2/3)
of the voting stock.

NINTH: That JADE LA PAZ DUNN 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, 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 signed these Articles of Incorporation this _____
day of November 2010, at General Santos City, Philippines.

DAVE DUNN, JR. BETH MAE CHELLE LA PAZ-ORACION

JADE LA PAZ DUNN CLEMENTE LA PAZ II

BETH ASLEE LA PAZ-BULADACO

Signed in the presence of:

___________________________________ & ___________________________________

NOTARIAL ACKNOWLEDGMENT

Republic of the Philippines...}


General Santos City............} S.S.

BEFORE ME, a Notary Public for and in the City of General Santos, Philippines, this
_____ day of November 2010, personally appeared the above-named persons, exhibiting to me
their respective Tax Identification Numbers as follows:
1. Dave Dunn, Jr. TIN ID No. ________________ Issued on _________
2. Jade La Paz Dunn TIN ID No. ________________ Issued on _________
3. Beth Aslee La Paz-Buladaco TIN ID No. ________________ Issued on _________
4. Beth Mae Chelle La Paz-Oracion TIN ID No. ________________ Issued on _________
5. Clemente La Paz II TIN ID No. ________________ Issued on _________

Known to me to be the same persons who executed the foregoing Articles of


Incorporation, consisting of three (3) pages including this page where the Acknowledgment is
written, and acknowledged that the same is their free and voluntary act and deed.

WITNESS MY HAND AND SEAL.

Doc. No. _____;


Page No. _____;
Book No. _____;
Series of 2010.

TREASURER'S AFFIDAVIT

Republic of the Philippines...}


General Santos City............} S.S.

I, JADE LA PAZ DUNN, Filipino, of legal age, married to Dave Dunn, Jr., and a resident
of General Santos City, Philippines, after having been sworn in accordance with law, depose and
say:

That I have been elected by the subscribers of the corporation as


Treasurer thereof, to act as such until my successor has been duly elected and
qualified in accordance with the by-laws of the corporation, and that as such
Treasurer, I hereby certify under oath that at least 25% of the authorized capital
stock of the corporation has been subscribed and at least 25% of the total
subscription has been paid, and received by me, in cash or property, in the
amount of not less than P5,000.00, in accordance with the Corporation Code.

IN WITNESS HEREOF, I have hereunto set my hand this _____ day of November
2010 at General Santos City, Philippines.

JADE LA PAZ DUNN


Affiant

SUBSCRIBED AND SWORN to before me, a Notary Public, for and in General Santos
City, Philippines, this _____ day of November 2010 at General Santos City, Philippines, affiant
exhibiting to me her Community Tax Certificate No. __________________ issued on
__________ at ______________.

WITNESS MY HAND AND NOTARIAL SEAL.

Doc. No. _____;


Page No. _____;
Book No. _____;
Series of 2010.

You might also like