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KILID BALAY LTD.
ARTICLE II. That the principal office of the Partnership shall be located at
Lacson Street, Bacolod City, Negros Occidental, Philippines.
ARTICLE III. That the names, citizenship, residence and designation of the
partners of said partnership are as follows:
ARTICLE IV. That the term for which said partnership is to exist is 30 years
from the original recording of said partnership by the Securities and Exchange
Commission.
ARTICLE V. That the purpose for which said partnership is formed are as
follows: 1. To conduct business related to graphics design and lay outing including
business promotion and advertising; 2. To conduct photography and videography
services for all occasions; and 3. To engage in business related to computer buying and
selling as well as computer repair services.
ARTICLE VI. That the capital of the partnership shall be one million three
hundred thousand, Philippine Currency contributed in cash by the partners as follows:
Name Amount Contributed
Pia A. Villa P 550, 000.00
Kim T. Mendoza P 550, 000.00
Ann C. Sy P 100, 000.00
Ina R. Tan P 100, 000.00
That no transfer will reduce the ownership of Filipinos citizens to less than the
required percentage of capital shall be recorded in the paper books of the partnership.
ARTICLE VII. That the profits and losses shall be divided pro-rata among the
partners.
ARTICLE IX. That the contribution of each limited partner may be returned to
him/ her three (3) years after the original recording of said partnership by the Securities
and Exchange Commission.
ARTICLE X. That the limited partner may be given the right to substitute an
assignee as contributor in his place, provided that he has duly notified his partners in
writing, stating the reasons therefor, five (5) days before effectivity of said substitution,
provided further that such limited partner has already settled his obligations to the
partnership prior to the notification of substitution.
ARTICLE XI. That a partner may admit an additional limited partner, provided
that the other partners have been duly notified in writing five (5) days before effectivity
of admission and duly concurred by all the partners in writing.
ARTICLE XII. That the remaining general partner or partners shall have the
right to continue the business in cases of death, retirement, civil interdiction, insanity or
insolvency of a general partner.
ARTICLE XIII. That the firm shall be under the management of Kim T.
Mendoza, as General Manager and as such she shall be in charge of the management of
the affairs of the partnership.
ARTICLE XIV. That the partners willingly undertake to change the name of the
partnership immediately upon receipt of notice/ directive from the Securities and
Exchange Commission that another partnership, corporation, or person has been declare
misleading, deceptive, confusingly similar to a registered name or contrary to public
morals, good customs or public policy.
IN WITNESS WHEREOF, we have hereunto set our hands this 8th day of
September 2014 at Bacolod City, Negros Occidental, Philippines.
BEFORE ME, a Notary Public, for and in Bacolod City, Philippines, this 8th
day of September, 2011, personally came and personally appeared the following
persons with their Community Tax Certificates as follows:
Anna L. Ang
Notary Public
Valid Until December 31,
2014
PTR. No. 464545454
IBP No. 878787
Roll of Attorney No.
65656
TIN: 232-665-638-000
Bacolod City
Doc. No.:
Page No.:
Book No.:
Series of 2014