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11 views

Article

Uploaded by

unaylovelyjoy47
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Articles of

Incorporation
of

AMLLA Collective
Inc.

The undersigned incorporators, all of legal age, have voluntarily agreed to form a
stock corporation under the laws of the Republic of the Philippines and certify the following:

First: That the name of said corporation shall be “AMLLA Collective Inc.”

Second: That the purpose or purposes for which such corporation is incorporated are:

Primary Purpose: To engage in the business of collecting, sorting, and recycling used
clothing into new and fashionable garments.

Secondary Purpose: To promote sustainable fashion practices and environmental


consciousness through the utilization of recycled materials.

Third: That the principal office of the corporation is located in the G. H Del Pilar St.
Brgy. Casoy, Municipality of Catarman, Province of Northern Samar, Philippines;

Fourth: That the corporation shall have perpetual existence.

Fifth: That the names, nationalities, and residence addresses of the incorporators of
the corporation are as follows:

Name Nationality Residence


Lovely Joy A. Unay Filipino Brgy. Casoy, Catarman, Northern Samar
Lila Marie V. Santos. Filipino. Brgy. Casoy, Catarman, Northern Samar
Daniel Mark A. Montenegro. Filipino. Brgy. Casoy , Catarman, Northern Samar
Sixth: That the number of directors of the corporation shall
be five (5) and the names, nationalities, and residence addresses of the first
directors of the corporation are as follows:

Name Nationality Residence


Lovely Joy A. Unay . Filipino Brgy. Casoy Catarman, Northern Samar
Lila Marie V. Santos Filipino . Brgy . Casoy Catarman, Northern Samar
Daniel Mark A. Montenegro Filipino Brgy. Casoy , Catarman, Northern Samar
Angelyn Gatmaitan Filipino. Brgy. Casoy, Catarman, Northern Samar
Talia Manalili Filipino. Brgy. Molave, Catarman, Northern Samar

Seventh: That the authorized capital stock of the corporation is 10,000,000 MILLION
PESOS (P10,000,000.00 ) divided into 100,000 shares with the par value 100 PESOS
(P100.00) per share

Eighth: That the number of shares of the authorized capital stock above-stated has been
subscribed as follows:

Name of Nationality No. of Shares Amount Amount Paid


Subscriber Subscribed Subscribed
Lovely Joy A. Unay Filipino 10,000 1.000.000 1.000.000
Lila Marie V. Santos Filipino 10,000 1,000,000 1,000,000
Daniel Mark Montenegro Filipino 10,000 1,000,000 1,000,000
Angelyn Gatmaitan Filipino 10,000 1,000,000 1,000,000
Talia Manalili Filipino 10,000 1,000,000 1,000,000
Princess Bandal Filipino 10,000 1,000,000 1,000,000
Rammel Gallardo Filipino 10,000 1,000,000 1,000,000
Raphael Sinas Filipino 10,000 1,000,000 1,000,000
Jhon Agustin Trongcoso Filipino 10,000 1,000,000 1,000,000
Maxy Delumen Filipino 10,000 1,000,000 1,000,000
Sky Montefalco Filipino 10,000 1,000,000 1,000,000
Ashlan Cornico Filipino 10,000 1,000,000 1,000,000
Scarlet Reyes Filipino 10,000 1,000,000 1,000,000
Luna Phoebus Filipino 10,000 1,000,000 1,000,000
Akira Anata Filipino 10,000 1,000,000 1,000,000

Ninth: That Twyla Salumbides has been elected by the subscribers as Treasurer of the
Corporation to act as such until after the successor is duly elected and qualified in accordance
with the bylaws, that as Treasurer, authority has been given to receive in the name and for the
benefit of the corporation, all subscriptions, contributions or donations paid or given by the
subscribers or members, who certifies the information set forth in the seventh and eighth
clauses above, and that the paid-up portion of the subscription in cash and/or property for the
benefit and credit of the corporation has been duly received.

Tenth: That the incorporators undertake to change the name of the corporation
immediately upon receipt of notice from the Commission that another corporation acquired a
prior right to the use of such name, that the name has been declared not distinguishable from a
name already registered or reserved for the use of another corporation, or that it is contrary to
law, public morals, good customs or public policy.

Eleventh: “No transfer of stock or interest which shall reduce the ownership of Filipino
citizens to less than the required percentage of capital stock as provided by existing laws shall
be allowed or permitted to be recorded in the proper books of the corporation, and this
restriction shall be indicated in all stock certificates issued by the corporation.”

IN WITNESS WHEREOF, we have hereunto signed these Articles of


Incorporation, this 6th day of November 2024 in the Municipality of Catarman, Province of
Northern Samar, Republic of the Philippines.

Lovely Joy A. Unay

Lila Marie V. Santos

Daniel Mark A. Montenegro

(Incorporators)

Twyla Salumbides
(Treasurer)

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