Articles of Incorporation

REPUBLIKA NG PILIPINAS KAGAWARAN NG KALAKARAN KOMISYON SA MGA PANAGOT AT PALITAAN (SECURITIES AND EXCHANGE COMMISSION) MAYNILA 
Reg. No.61790
TO ALL TO WHOM THESE PRESENTS MAY COME, GREETINGS: 
        WHEREAS, Articles of Incorporation duly signed and acknowledged for the organization of the VALLE VERDE COUNTRY CLUB, INC. under and in accordance with the provisions of Act of the Philippine Commission Numbered Fourteen hundred and fifty-nine, enacted March first, Nineteen hundred and six, as amended by Acts of the Philippine Legislature, Numbered Fifteen hundred and six, Fifteen hundred and sixty-five, Sixteen hundred and thirty, Seventeen hundred and forty-four, Eighteen hundred and thirty-four, Eighteen hundred and ninety-five, Twenty hundred and three, Twenty hundred and twelve, Twenty hundred and thirty-seven, Twenty hundred and ninety-two, Twenty-one hundred, Twenty-one hundred and thirty-five, Twenty-four hundred and fifty-two, Twenty-seven hundred and twenty-eight, Twenty-seven hundred and ninety-two, Twenty-nine hundred, Twenty-nine hundred and ninety-four, Thirty-five hundred and eighteen, Thirty-six hundred and ten, Thirty-seven hundred and forty-one, Thirty-eight hundred and forty-nine and Thirty-eight hundred and fifty, and Commonwealth Acts Numbered Two hundred and eighty-seven, and Four hundred and thirty-seven, were presented for filing in this Commission onMay 30, 1975, and a copy of which said Articles is hereto attached: 
         NOW, THEREFORE, by virtue of the powers and duties vested in me by law, I do hereby certify that the said Articles of Incorporation were, after due examination to determine whether they are in accordance with law, duly registered in this Commission on the 30th  day of May, Anno Domini, Nineteen hundred and seventy-five.
         IN TESTIMONY WHEREOF, I have hereunto set my hand and caused the seal of this Commission to be affixed at Manila, Philippines, this 30th day of May  , in the year of our Lord, nineteen hundred and seventy-five
JULIO SAGLIT, JR. Securities and Exchange Commissioner
ARTICLES OF INCORPORATION OF “VALLE VERDE COUNTRY CLUB, INC.” KNOW ALL MEN BY THESE PRESENTS:                 That WE, all of legal age, residents of the Philippines, have this day voluntarily associated ourselves together for the purpose of forming a corporation under the laws of the Republic of the Philippines,  AND WE DO HEREBY CERTIFY:  FIRST:   –     That the name of the corporation shall be “VALLE VERDE COUNTRY CLUB, INC.”  SECOND:    –   That the corporation is not organized for profit and no portion of its net income shall inure or be distributed among the members thereof.  THIRD:    –   That the purpose for which this corporation is being organized are as follows: 1. – To faster, promote and conduct legitimate athletic exercises, sports, recreational and social activities as well as entertainments of all sorts; 2. – To establish, construct and maintain a club house; 3. – To purchase, lease or otherwise acquire such real and personal property, athletic or other equipment as may be necessary or convenient in connection with the conduct of affairs of the corporation; 4. –  As may be determined by the Board of Directors, to invest in and deal with the moneys and properties of the corporation in such manner as may from time to time be considered wise or expedient for advancement of its interests; 5. – To borrow or raise money to meet the financial requirements of the corporation; 6. – To do each and everything necessary, suitable or proper for the accomplishment of any of the purposes of the attainment of any one or more of the subjects herein enumerated, or which shall at any time appear conducive to or expedient for the protection or benefit of the corporation.   FOURTH:    –   That the principal office of this corporation shall be situated in the Municipality of Pasig, Province of Rizal, Philippines.  FIFTH:  –  That the term for which this corporation is to exist is Fifty (50) Years from and after the date of incorporation.  SIXTH:   –  That the name, nationality and residence of the incorporators are as follows: 
Name      NationalityResidence
RAFAEL ORTIGAS, JR. Filipino888 Notre Dame Street,Mandaluyong, Rizal 
JOAQUIN RAMIREZ, JR. Filipino341 La Salle Street, Mandaluyong, Rizal 
RAMON E. RODRIGUEZFilipino   442 Duke Street, Mandaluyong, Rizal
MIGUEL CAMPOSFilipino18 Banahaw Street, North Forbes, Makati, Rizal
MANUEL ESCUDERO, JR.Filipino13 Columbia Street, Mandaluyong, Rizal 
LINO CASTILLEJO, JR.Filipino   695 Buffalo Street, San Juan, Rizal 
JOSE RODRIGUEZ III Filipino82-F 12th Street, New Manila, Quezon City 
PLACIDO ADADFilipino 42 Lincoln Street, San Juan, Rizal 
MARIO S. VIEL Italian199 Malinao Street, Mandaluyong, Rizal 
GEORGE A. SCHOLEY American#8 Tanguile Road, North Forbes, Makati, Rizal 
PAULINO CHENGFilipino72 Washington Street, San Juan, Rizal 
LEANDRO LOCSIN Filipino21 Kawayan Road, North Forbes, Makati, Rizal 
FRANCISCO ORTIGAS IIIFilipino94 11th Street, New Manila, Quezon City 
EDUARDO M. ORTIGAS Filipino 858 Harvard Street, Wack-Wack Subdivision, Mandaluyong, Rizal 
IGNACIO R. ORTIGASFilipino789 Harvard Street, Wack-Wack Subdivision, Mandaluyong, Rizal 
SEVENTH:    –    That the number of directors of this corporation shall be Nine (9), and the names and residences of the directors who shall serve until their successors are elected and qualified as provided by the by-laws, are as follows:  
NameResidences
RAFAEL ORTIGAS, JR. 888 Notre Dame Street, Mandaluyong, Rizal 
RAMON E. RODRIGUEZ 442 Duke Street, Mandaluyong, Rizal 
MIGUEL CAMPOS15 Banahaw Street, North Forbes Park, Makati, Rizal
MANUEL ESCUDERO, JR. 13 Columbia Street, Mandaluyong, Rizal 
LINO CASTILLEJO, JR.695 Buffalo Street, San Juan, Rizal
FRANCISCO ORTIGAS III94 11th Street New Manila, Quezon City
PLACIDO ADAD 42 Lincoln Street, San Juan, Rizal 
PAULINO CHENG 72 Washington Street, San Juan, Rizal 
EIGHTH:  –  That the corporation shall have no shares of stock and that membership therein and the right or participation in its assets shall be acquired and enjoyed by the proprietary members of the corporation who shall upon admission pay a proprietary membership fee as provided in the By-Laws; provided  that each proprietary membership fee certificate shall represent a pro-rata equity in the assets of the corporation; that the voting powers in the corporation are vested in the proprietary members, and each proprietary membership fee certificate shall represent one vote.  NINTH:                    –               That this corporation shall be maintained by contributions coming exclusively from the proprietary members and such other types of members as are or may be admitted in the corporation in accordance with the By-Laws. TENTH:   –               That the present members are in the incorporators herein and that the names, citizenships and addresses of additional members to be admitted in the future pursuant to the By-Laws shall be submitted to the Securities and Exchange Commission from time to time IN WITNESS WHEREOF, we have hereunto set our hands in the Municipality of Pasig, Province of Rizal, Philippines, on this21st  day of April 1975.
RAFAEL ORTIGAS, JR. JONATHAN RAMIREZ, JR. 
RAMON E. RODRIGUEZJOSE RODRIGUEZ III
MIGUEL CAMPOSMARIO S. VIEL
MANUEL ESCUDERO, JR. GEORGE A. SCHOLEY 
LINO CASTILLEJO, JR.LEANDRO LOCSIN 
FRANCISCO ORTIGAS IIIPAULINO CHENG 
PLACIDO ADAD EDUARDO M. ORTIGAS 
IGNACIO R. ORTIGAS
   SIGNED IN THE PRESENCE OF: ___________________________                                 _____________________________   A C K N O W L E D G M E N T   REPUBLIC OF THE PHILIPPINES     ) MUNICIPALITY OF PASIG . . . . . .   )     S. S. PROVINCE OF RIZAL . . . . . .  . . .    ) x —————————————– x On this 21st day of April 1975, before me, a Notary Public for the Province of Rizal, personally appeared the following persons with their respective Residence Tax Certificates and Tax Accounts Numbers:  RAFAEL ORTIGAS, JR. –                                 A – 7334729 – January 2, 1975 – Pasig, Rizal                                 B – 1034684 – March 29, 1974 – Pasig, Rizal TAN – 1422-754-0                 JOAQUIN RAMIREZ, JR. –                                                 A – 7336996 – January 2, 1975 – Pasig, Rizal                                                 B – 3178551 – April 5, 1974 – San Juan, Rizal                                                 TAN – 1470-624-6                                  RAMON E. RODRIGUEZ –                                                 A – 7351401 – January 2, 1975 – Pasig, Rizal                                                 B – 3178551 – April 5, 1974 – San Juan, Rizal                                                 TAN – 1470-624-6                                  MIGUEL CAMPOS –                                                 A – 7340506 – January 8, 1975 – Pasig, Rizal   all known to me and to me known to be the same persons who executed and signed the foregoing Articles of Incorporation of the Valle Verde Country Club, Inc. consisting of six pages including this page whereon the acknowledgment is contained, and they all acknowledged to me that the same is their free and voluntary act and deed.                   IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my notarial seal at the place and date first hereinabove written.                                                    B – 1939202 – March 5, 1974 – Manila                                                 TAN – 1115-257-6                                  MANUEL ESCUDERO, JR. –                                                  A – 9529712 – February 17, 1975 – Makati, Rizal                                                 B – 2496078 – March 15, 1974 – Mandaluyong, Rizal                                                 TAN – 1127-508-8                                  LINO CASTILLEJO, JR. –                                                 A – 9572410 – January 16, 1975 – Mandaluyong, Rizal                                                 B – 249 6078 – March 15, 1974 – Mandaluyong, Rizal                                                 TAN – 1127-508-8                                  JOSE E. RODRIGUEZ III –                                                 A – 0837819 – January 29, 1975 – Quezon City                                                 B – 2271889 – March 18, 1974 – Quezon City                                                 TAN – 2567-511-7                                  PLACIDO ADAD –                                                 A – 7381308 – January 13, 1975 – San Juan, Rizal                                                 B – 257217 – March 13, 1974 – San Juan, Rizal                                                 TAN – 1009-248-4                                  MARIO VIEL –                                                 A – 1114108 – February 3, 1975 – Pasig, Rizal                                                 B – 1028732 – March 14, 1974 – Pasig, Rizal                                                 TAN – 2634-773-2                                  GEORGE A. SCHOLEY –                                                 A – 7225900 – January 9, 1975 – Makati, Rizal                                                 B – 3034818 – April 5, 1974 – Makati, Rizal                                                 TAN – 1531-415-6                                  PAULINO CHENG –                                                 A – 15625 – January 6, 1975 – Manila                                                 B – 2416679 – March 29, 1974 – Manila                                                 TAN – 1139-703-1                                  LEANDRO LOCSIN –                                                 A – 7184982 – January 8, 1975 – Makati, Rizal                                                  B – 295429 – April 8, 1974 – Makati, Rizal                                                 TAN – 1331-914-0                                  FRANCISCO ORTIGAS III –                                                 A – 7336985 – January 2, 1975 – Pasig, Rizal                                                 B – 3026708 – February 2, 1975 – Pasig, Rizal                                                 TAN – 2134-352-0                                  EDUARDO M. ORTIGAS –                                                 A – 7340503 – January 8, 1975 – Pasig, Rizal                                                 B – 3026707 – February 20, 1975 – Pasig, Rizal                                                 TAN – 1422-729-2                                                                IGNACIO R. ORTIGAS –                                                 A – 7334704 – January 3, 1975 – Pasig, Rizal                                                 B – 1943441 – March 26, 1974 – Pasig, Rizal                                                 TAN – 1422-738-3  all known to me and to me known to be the same persons who executed and signed the foregoing Articles of Incorporation of the Valle Verde Country Club, Inc. consisting of six pages including this page whereon the acknowledgment is contained, and they all acknowledged to me that the same is their free and voluntary act and deed. IN TESTIMONY WHEREOF, I have here into set my hand and affixed my notarial seal at the place and date first hereinabove written.                                                                                                      EULOGIO R. RODRIGUEZ NOTARY PUBLIC My Commission expires on December 31, 1975 P.T.R. # 0304196 Pasig, Rizal – 1/8/75