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Csa91 aoi revised

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Csa91 aoi revised

  1. 1. ARTICLES OF INCORPORATION OF CSA MAKATI 91, INC.KNOW ALL MEN BY THESE PRESENTS:That we, all of whom are of legal age and residents of the Republic of the Philippines, have thisday voluntarily associated ourselves together for the purpose of forming a corporation(“Corporation”) under the laws of the Republic of the Philippines. AND WE HEREBY CERTIFY THAT:FIRST:The name of the Corporation shall be: CSA MAKATI 91, INC.SECOND: The Corporation is organized and will be operated exclusively as an associationof the members of the Colegio San Agustin Makati High School class of 1991. It shall conductactivities aimed at raising funds to support its homecoming and outreach projects.The Corporation shall have the following secondary purposes and powers: 1. To solicit and accept contributions and donations or any other assets and make use of or dispose of them as may be necessary to carry out the purposes of the Corporation; 2. To raise funds by organizing fundraisers, events, and other activities; 3. To deposit or invest its funds in interest-earning accounts with reputable financial institutions; 4. To enter into any lawful arrangement for sharing profits, union of interest, reciprocal concession, or cooperation, with any corporation, association, partnership, syndicate, entity, person or governmental, municipal or public authority, domestic or foreign, in the carrying on of any business or transaction deemed necessary, convenient or incidental to carrying out any of the purposes of the Corporation; 5. To enter, make, perform and carry out contracts and arrangements of every kind and for any useful purpose, pertaining to the purposes of the Corporation, or in any manner incidental thereto, as principal, agent or otherwise; 6. Subject to the existing laws and the Constitution of the Philippines, to purchase, acquire, possess, sell, lease, exchange, mortgage and otherwise deal in and with such real estate and personal property as may be necessary or convenient for its purposes, and to purchase, lease, construct, or in any other manner acquire buildings, storehouses, depots, or interests, and participation in the same; 7. To do and perform all acts and things necessary, in any part of the world, suitable or proper for the accomplishment of any of the purposes herein enumerated or which shall at any time appear conducive to the protection or benefit of the Corporation, including the exercise of the powers, authorities and attributes conferred upon corporations organized under the laws of the Philippines in general and upon domestic corporations in particular. 8. To engage the services of experts and make available their services in relation to managerial, marketing, administrative, systems, advisory, and other technical matters. 9. To enter into any arrangements with any government or authority, municipal, local or otherwise that may seem conducive to the Corporation’s objects; and to obtain from any such government or authority any rights, privileges, and concessions which the Corporation may think it desirable to obtain; and to carry out, exercise, and comply with any such arrangements, rights, privileges and concessions.
  2. 2. 10. To adopt means of making known and advertising the purposes, activities and products of the Corporation.The foregoing Clauses shall be construed both as objects and powers, and it is herebyexpressly provided that the foregoing enumeration of specific objects or powers shall not beheld to limit or restrict in any manner the powers of the Corporation, and are in furtherance of,and in addition to, and not in limitation of the general powers conferred on corporationsformed under the Corporation Code of the Philippines.It is the intention that the purposes, objects and powers specified in this Article and allsubdivisions thereof shall, except as otherwise expressly provided, in no wise be limited orrestricted by reference to or inference from the terms of any other Clauses or paragraph of thisarticle, and that each of the purposes, objects and powers specified in this Article shall beregarded as independent purposes, objects and powers.THIRD: The principal office of the Corporation shall be located in Metro Manila, andbranch offices and general agencies thereof may be established and maintained in any part ofthe Philippines or in any foreign country, as the Board of Trustees of the Corporation maydesignate or as the business of the Corporation may, from time to time, require.FOURTH: The term for which the Corporation is to exist is fifty (50) years from and afterthe date of incorporation.FIFTH: The names, nationalities, and addresses of the incorporating trustees of theCorporation are as follows: Name Nationality AddressSIXTH: The initial number of the members of the Board of Trustees of the Corporationshall be ________ (____), and the names, nationalities and addresses of the trustees who are toserve until their successors are elected and qualified as provided by the By-Laws of theCorporation are as follows: Name Nationality Address
  3. 3. SEVENTH: The initial funds of the Corporation have been contributed/donated by theincorporating trustees and members as follows: Amount Name Nationality Address Paid-Up (PhP) TOTALEIGHT: ____________ has been elected by the members as Treasurer of the Corporationto 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 nameand for the benefit of the Corporation, all contributions, donations and funding given inpursuance of the purposes as indicated herein or the By-laws by the members or any person orentity.NINTH: The Corporation manifests its willingness to change its corporate name in theevent another person, firm or entity has acquired a prior right to use the said firm name or onedeceptively or confusingly similar to it.IN WITNESS WHEREOF, we have hereunto set our hands, on this __day of _____________, 2010at __________, Metro Manila, Philippines.SIGNED IN THE PRESENCE OF:____________________ ____________________ ACKNOWLEDGMENT