Articles of Incorporation - Fishing Company
Articles of Incorporation - Fishing Company
Articles of Incorporation - Fishing Company
ARTICLES OF INCORPORATION
OF
__________________________ FISHING
CORPORATION
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:
SECOND: That the specific purposes for which said Corporation is formed are:
To engage in, conduct, and carry on the business of deep sea fishing and to engage in any
activity in connection with the catching, producing, marketing, selling, purchasing, handling,
processing, importing, exporting fish and other marine products and maintaining all kinds of
fishing boats of any class or tonnage and all kinds of equipment, commodity and products
needed, necessary and incidental to the operation of the business of fishing and to raise, buy,
catch, process, import, export all kinds of fishes, materials and products necessary and incidental
to fishing 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 without however
engaging in the fishpond business.
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:
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:
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.
__________________ __________________
(ACKNOWLEDGMENT)