ART. OF INCORPORATION.doc

7/23/2019 ART. OF INCORPORATION.doc

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Articles of Incorporationof

TAKE ONE REALTY VENTURES INCORPORATED;

KNOW ALL MEN BY THESE PRESENTS:

That we, all of whom are of legal age and re!dent of thePh!l!""!ne, ha#e th! da$ #ol%ntar!l$ ao&!ated o%rel#e for the"%r"oe of organ!'!ng a to&( &or"orat!on %nder and )$ #!rt%e of thelaw of the Re"%)l!& of the Ph!l!""!ne, and

WE HEREBY *ERT+Y THAT:

First- The &or"orate name of the &or"orat!on hall )e TAKE ONEREALTY VENTURES INCORPORATED;

Secon- A- The "%r"oe and m!!on for wh!&h the *or"orat!on !formed ! to engage !n real etate de#elo"ment, real etate mortgage,trad!ng, to &reate re&reat!onal fa&!l!t!e l!(e hotel and reort andother )%!nee ne&ear$ to &arr$ the goal and a"!rat!on of the&or"orat!on-

B- That the &or"orat!on hall ha#e all the e."re "ower of a&or"orat!on a "ro#!ded for %nder Se&t!on /0 of the *or"orat!on *odeof the Ph!l!""!ne-

T!ir- That the "r!n&!"al o1&e of the &or"orat!on hall )e lo&ated at

2en- L%na St-, Laoag *!t$, +lo&o Norte-

Fo"rt!- The term for wh!&h th! &or"orat!on hall e.!t ! 3ft$ 4567$ear from and after the date of !n&or"orat!on, renewa)le for %&hother term a now or ma$ here!nafter )e "erm!tted %nder the law of the Re"%)l!& of the Ph!l!""!ne-

Fift!- The name, nat!onal!t!e and re!den&e of the !n&or"orator area follow:

Name Nat!onal!t$ Re!den&e

El!'a M- Rodr!g%e' !l!"!no Brg$- 8, Laoag *!t$+rael *- 9ela *r%' !l!"!no Brg$- ;, Laoag *!t$Rener *a3rma !l!"!no Brg$- ;<, Laoag *!t$Ben=am!n S- Torre !l!"!no Brg$- <, San N!&ola,

+lo&o NorteA!ra A!leenSangalang

!l!"!no Brg$- 5, Laoag *!t$

Si#t!- The a>a!r of the *or"orat!on hall )e go#erned )$ the Board of Tr%tee of 3#e 457 mem)er, and that the name, nat!onal!t!e, andre!den&e of the Tr%tee, who are to er#e a %&h %nt!l the!r%&&eor ho%ld ha#e )een d%l$ ele&ted and ?%al!3ed !n a&&ordan&ew!th the B$@Law, are a follow:

Name Nat!onal!t$ Re!den&eEl!'a M- Rodr!g%e' !l!"!no Brg$- 8, Laoag *!t$+rael *- 9ela *r%' !l!"!no Brg$- ;, Laoag *!t$Rener *a3rma !l!"!no Brg$- ;<, Laoag *!t$Ben=am!n S- Torre !l!"!no Brg$- <, San N!&ola,

+lo&o Norte

A!ra A!leenSangalang !l!"!no Brg$- 5, Laoag *!t$

1



Se$ent!- That the a%thor!'ed &a"!tal to&( of the &or"orat!on ! TENM+LL+ON PESOS 4Ph" ;6,666,666-667 !n lawf%l mone$ of the Ph!l!""!ned!#!ded !nto One H%ndred Tho%and Share 4;66,666-667 w!th the "ar#al%e of One H%ndred "eo 4Ph" ;66-667 "er hare-

Ei%!t- That at leat 5 of the a%thor!'ed &a"!tal to&( ha )een%)&r!)ed and at leat 5 of the total %)&r!"t!on ha )een "a!d afollow:

Name Nat!onal!t$ No- of ShareS%)&r!)ed

Amo%ntS%)&r!)ed

Amo%ntPa!d

El!'a

Rodr!g%e'

!l!"!no 8,666 866,666 5,666-66

+rael 9ela*r%'

!l!"!no ,666 66,666 ;66,666-66

Rener *a3rma !l!"!no ,666 66,666 ;66,666-66Ben=am!n Torre

!l!"!no ,666 66,666 ;66,666-66

A!ra A!leenSangalang

!l!"!no ,666 66,666 ;66,666-66

TOTAL 5,666 P,566,666

P05,666-66

Nint!& No tranfer of to&( or !nteret wh!&h wo%ld red%&e the to&(ownerh!" of !l!"!no &!t!'en to le than the re?%!red "er&entage of the &a"!tal to&( a "ro#!ded )$ e.!t!ng law hall )e allowed or"erm!tted to )e re&orded !n the "ro"er )oo( of &or"orat!on and th!retr!&t!on hall )e !nd!&ated !n the to&( &ert!3&ate !%ed )$ the&or"orat!on-

Tent!: That +rael 9ela *r%' ha )een ele&ted )$ the %)&r!)er atrea%rer of the &or"orat!on to a&t a %&h %nt!l h! %&&eor ! d%l$ele&ted and ?%al!3ed !n a&&ordan&e w!th the )$@lawC and that a %&h

Trea%rer, he ha )een a%thor!'ed to re&e!#e for and !n the name andfor the )ene3t of the &or"orat!on, all %)&r!"t!on "a!d )$ the%)&r!)er-

Ele$ent!' That the !n&or"orator %nderta(e to &hange the name of the&or"orat!on !mmed!atel$ %"on re&e!"t of not!&e or d!re&t!#e from theSe&%r!t!e and E.&hange *omm!!on that another &or"orat!on,"artnerh!" or "eron ha a&?%!red a "r!or r!ght to %e of that name orthat name ha )een de&lared a m!lead!ng, de&e"t!#e, &onf%!ngl$!m!lar to a reg!tered name, or &ontrar$ to "%)l!& moral, good&%tom or "%)l!& "ol!&$-

+N W+TNESS WHEREO, we ha#e here%nto et o%r hand th! th of No#em)er 6;5, at Laoag *!t$, +lo&o Norte, Ph!l!""!ne-

El!'a M- Rodr!g%e' +rael 9ela *r%' T+N: ;;;@@/// T+N:;/@;/@

;/

2



Rener *a3rma Ben=am!n Torre T+N: ;/@50@<D8 T+N: ;/@/@/5

A!ra A!leen Sangalang T+N: ;/@;/@;/

ACKNO(LED)*ENT

Re"%)l!& of the Ph!l!""!ne 7 Laoag *!t$ 7 S- S-

BEORE ME, a Notar$ P%)l!& for and !n the "ro#!n&e of +lo&o Norte onth! th da$ of No#em)er 6;5, "eronall$ a""eared the follow!ng"eron, e.h!)!t!ng to me the!r re"e&t!#e *omm%n!t$ Ta. *ert!3&ate:

Name *T* No- 9ate Pla&eEl!'a Rodr!g%e' 6<//6;6/ an- , 6;5 Laoag *!t$+rael 9ela*r%'

;;6<<58< e)- , 6;5 Laoag *!t$

Rener *A3rma ;;65<0 an- ;5,6;5

Laoag *!t$

Ben=am!n Torre

6</<8668 an- ;0,6;5

San N!&ola

A!ra A!leenSangalang

68<;688 an- ;6,6;5

Laoag *!t$

all (nown to me and to me (nown to )e the ame "eron whoe.e&%ted the forego!ng Art!&le of +n&or"orat!on of the TAKE ONEREALTY VENTURES INCORPORATED &on!t!ng of / "age, th! "age!n&l%ded, and a&(nowledged to me that the ame ! the!r own free and#ol%ntar$ a&t and deed-

+N W+TNESS WHEREO, + here%nto et m$ hand and a1.ed m$ notar!aleal on the date and "la&e here!n 3rt a)o#e wr!tten-

ATTY- RAN*ES 2FERRERONOTARY PFBL+*

Fnt!l 9e&em)er /;, 6;0Roll No-: 05/@G/6G6;5+BP No-: ;/50@+-N-@;G5G;5PTR No-: 68D<05@L-*-@;G5G;5 T+N: 50@50<@0<D

9o&- No- 5Page No-;5Boo( No-++

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Ser!e of 6;5

TREASURER+S AFFIDAVIT

Re"%)l!& of the Ph!l!""!ne7*!t$ of Laoag 7S-S-

+, +SRAEL 9ELA *RFI, of legal age, !l!"!no, and a re!dent of Brg$- ;, Laoag *!t$, after ha#!ng d%l$ worn to !n a&&ordan&e w!th law,d here)$ de"oe and a$ that:

+ ha#e )een ele&ted )$ the %)&r!)er of the &or"orat!on a Trea%rer thereof, to a&t a %&h %nt!l m$ %&&eor ha )een d%l$ele&ted and ?%al!3ed !n a&&ordan&e w!th the )$@law of the &or"orat!on,and that a %&h Trea%rer, + here)$ &ert!f$ %nder oath that at leat5 of the a%thor!'ed &a"!tal to&( of the &or"orat!on ha )een%)&r!)ed and at leat 5 of the %)&r!"t!on ha )een "a!d, andre&e!#ed )$ me !n &ah for the )ene3t and &red!t of the &or"orat!on-

Th! ! alo to a%thor!'e the Se&%r!t!e and E.&hange *omm!!onand Bang(o Sentral ng P!l!"!na to e.am!ne and #er!f$ the de"o!t !nthe BAN*O 9E ORO FN+BAN*, +N*-, !n m$ name a trea%rer !n tr%tfor TAKE ONE REALTY JENTFRES, +N*ORPORATE9 !n the amo%nt of SI,-UNDRED T(ENTY FIVE T-OUSAND PESOS .P!p /012333'334re"reent!ng the "a!d %" &a"!tal of the &or"orat!on wh!&h ! !n the"ro&e of !n&or"orat!on-

Th! a%thor!t$ ! #al!d and !n"e&t!on of a!d de"o!t ma$ )emade e#en after the !%an&e of the *ert!3&ate of +n&or"orat!on to the

&or"orat!on- Sho%ld the de"o!t )e tranferred to another )an( "r!or toor after !n&or"orat!on, th! w!ll er#e a a%thor!t$ to #er!f$ and e.am!nethe ame- The re"reentat!#e of the Se&%r!t!e and E.&hange*omm!!on ! alo a%thor!'ed to e.am!ne the "ert!nent )oo( andre&ord of a&&o%nt of the &or"orat!on a well a all %""ort!ng "a"erto determ!ne the %t!l!'at!on and d!)%rement of the a!d "a!d %"&a"!tal-

+n &ae the a!d "a!d %" &a"!tal ! not de"o!ted or w!thdrawn"r!or to the a""ro#al of the art!&le of !n&or"orat!on, +, on )ehalf of thea)o#e named &or"orat!on, wa!#e o%r r!ght to a not!&e and hear!ng !nthe re#o&at!on of o%r *ert!3&ate of +n&or"orat!on-

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+SRAEL 9ELA *RFI Trea%rer

SFBS*R+BE9 AN9 SWORN to )efore me th! th

da$ of No#em)er at Laoag *!t$, Ph!l!""!ne, a1ant e.h!)!t!ng to me h!*omm%n!t$ Ta. *ert!3&ate No-;;6<<58< !%ed at Laoag *!t$ one)r%ar$ , 6;5-


Fnt!l 9e&em)er /;, 6;0Roll No-: 05/@G/6G6;5+BP No-: ;/50@+-N-@;G5G;5

PTR No-: 68D<05@L-*-@;G5G;5 T+N: 50@50<@0<D

9o&- No- /Page No-;<Boo( No-++Ser!e of 6;5

Ban&o 9e Oro Fn!)an(, +n&-Laoag Bal!ntawa( Bran&h

CERTIFICATE OF 5ANK DEPOSIT

T+T@5;8@;;@;/

No#em)er ,6;5

The Se&%r!t!e and E.&hange *omm!!on

2reet!ng:

Th! ! to &ert!f$ that there ! on de"o!t w!th th! )an( the %mof SI, -UNDRED T(ENTY FIVE T-OUSAND PESOS .P!p/012333'334 %nder Sa#!ng A&&o%nt No- D<<0555/5 !n the nameof +SRAEL 9ELA *RFI, Trea%rer@+n@Tr%t for TAKE ONE REALTYJENTFRES +N*ORPORATE9 wh!&h ! !n the "ro&e of !n&or"orat!on-

The a!d de"o!t ! &lear and free from l!en, retr!&t!on, &ond!t!onor holdo%t and ma$ )e w!thdrawn !n )ehalf of a!d &om"an$ %"on"reentat!on of "roof of d%e !n&or"orat!on thereof-

DANTE )' 5OLUSAN65* OLIVIA 5'VELASCO6*O46<<7<<6/;5G46<<7<<;@6;@fa. 46<<7<<6/;5G46<<7<<;@6;@fa.

SFBS*R+BE9 AN9 SWORN to )efore me th! th da$ of No#em)er at Laoag *!t$, Ph!l!""!ne, "eronall$ a""eared, 9ANTE 2-

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BOLFSAN and OL+J+A B- JELAS*O, the Bran&h Manager and theManag!ng O1&er of the )an( re"e&t!#el$-


Fnt!l 9e&em)er /;, 6;0Roll No-: 05/@G/6G6;5+BP No-: ;/50@+-N-@;G5G;5PTR No-: 68D<05@L-*-@;G5G;5 T+N: 50@50<@0<D

9o&- No- /8Page No-;/6Boo( No-++Ser!e of 6;5

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ART. OF INCORPORATION.doc