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    Articles of Incorporation

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    Edgielyn Alocilja
    The document outlines the Articles of Incorporation for Jared Clothing Shop and Boutique Corporation. The corporation will operate in Iloilo, Philippines for 15 years and engage in clothing and accessory retail. It will have 1000 shares of capital stock with a par value of 25,000 pesos each. The initial directors and officers are listed, along with provisions regarding bylaws, dissolution, and indemnification. Edgielyn Alocilja signs as the sole incorporator.

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    Articles of Incorporation

    Uploaded by

    Edgielyn Alocilja
    69 views3 pages
    The document outlines the Articles of Incorporation for Jared Clothing Shop and Boutique Corporation. The corporation will operate in Iloilo, Philippines for 15 years and engage in clothing and accessory retail. It will have 1000 shares of capital stock with a par value of 25,000 pesos each. The initial directors and officers are listed, along with provisions regarding bylaws, dissolution, and indemnification. Edgielyn Alocilja signs as the sole incorporator.

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    The document outlines the Articles of Incorporation for Jared Clothing Shop and Boutique Corporation. The corporation will operate in Iloilo, Philippines for 15 years and engage in clothing and accessory retail. It will have 1000 shares of capital stock with a par value of 25,000 pesos each. The initial directors and officers are listed, along with provisions regarding bylaws, dissolution, and indemnification. Edgielyn Alocilja signs as the sole incorporator.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    69 views3 pages

    Articles of Incorporation

    Uploaded by

    Edgielyn Alocilja
    The document outlines the Articles of Incorporation for Jared Clothing Shop and Boutique Corporation. The corporation will operate in Iloilo, Philippines for 15 years and engage in clothing and accessory retail. It will have 1000 shares of capital stock with a par value of 25,000 pesos each. The initial directors and officers are listed, along with provisions regarding bylaws, dissolution, and indemnification. Edgielyn Alocilja signs as the sole incorporator.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    The key takeaways are that Jared Clothing Shop and Boutique Corporation is being incorporated to conduct lawful business including providing clothes, accessories, and personalized items in Iloilo province. It has the power to engage in any lawful activity pursuant to Philippine laws.

    The purpose of Jared Clothing Shop and Boutique Corporation is to conduct any and all lawful business for which any corporations can be organized under the statute of the Philippines, including but not limited in providing clothes, accessories, and personalized items to the people of the Province of Iloilo.

    Jared Clothing Shop and Boutique Corporation is authorized to issue 1000 shares of capital stock, with each share having a par value of 25,000 pesos.

    Articles of Incorporation

    for

    JARED Clothing Shop and Boutique Corporation

    The undersigned Incorporator, all of legal age and a majority of whom are residents of the
    Philippines, have this day voluntarily agreed to form a stock corporation, adopts the following
    Articles of Incorporation:

    ARTICLE I: Corporation Name

    The name of the corporation JARED Clothing Shop and Boutique Corporation

    ARTICLE II: Corporation Duration

    The period of corporation’s duration shall be 15 years.

    ARTICLE III: Corporation Purpose

    The purpose of which the corporation is organized is to conduct any and all lawful business for
    which any corporations can be organized under the statute of the Philippines, including but not
    limited in providing clothes, accessories, and personalized items to the people of the Province of
    Iloilo.

    ARTICLE IV: Corporation Power

    The corporation has the power to engage in any lawful activity, pursuant to the laws of the State
    of the Philippines including the opening and operating of a bank account.
    ARTICLE V: Initial Registered Agent
    The name and address of the corporation’s initial registered agent is:
    NAME ADDRESS
    Cole B. Sprouse Jaro, Iloilo City

    The corporation maintains in its corporate records the statement of acceptance by the
    registered agent.
    ARTICLE VI: Principal Office and Mailing Address

    The complete street address of the corporation’s designated principal office is General Luna
    Street, City Proper, 5000 Iloilo City, Philippines and the corporation’s mailing address is
    General Luna Street, City Proper, 5000 Iloilo City, Philippines

    ARTICLE VII: Authorized Shares

    The number of shares of stock the corporation is authorized to issue is:1000.


    The class of stock issued shall be capital stock.

    Each share shall have a par value of 25,000 pesos.

    ARTICLE VIII: Directors and Officers

    The initial directors and officers shall be the following persons and positions:

    POSITION ADDRESS

    Director: Edgielyn Alocilja Aras-asan, Sebaste, Antique

    Director: Ana Katrina Secugal Bonga, San Joaquin, Iloilo

    Director: Raindelle Isabelle V. Montero Bagong Silangan, Quezon City

    President: Cole B. Sprouse Jaro, Iloilo City

    Secretary:Deseree S. Alegria Brgy. Pañatan San Joaquin iloilo

    Treasurer: Jairah Gayle V. Badoya Poblacion, Banate, Iloilo

    ARTICLE IX: By Laws

    The Incorporator shall adopt the initial bylaws of the corporation. The shareholders may
    amend the bylaws at any time by the provisions provided therein.
    ARTICLE X: Dissolution
    Upon dissolution, assets shall be distributed by the board of directors according to the
    applicable statutes and regulations for the State of the Philippines. Further provisions
    regarding distribution upon dissolution shall be stated in the corporation’s bylaws.
    ARTICLE XI: Indemnification
    The corporation does indemnify any directors, officers, employees, incorporators, and
    shareholders of the corporation from any liability regarding the corporation and the business of
    the corporation, unless the person fraudulently and intentionally violated the law and/or
    maliciously conducted acts to damage and/or defraud the corporation, or as otherwise
    provided under applicable state corporate statute.
    ARTICLE XII: Incorporator
    I, Edgielyn Alocilja, residing at Aras-Asan, Sebaste, Antique, executed these Articles of
    Incorporation dated this 20th day of June 2022.

    Incorporator Signature

    EDGIELYN ALOCILJA b

    Incorporator Name

    Doc No. …………

    Page No. ……….

    Book No. ……….

    Series of 19 …….

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