Articles of Incorporation

of

LATORILLA DEVELOPMENT CENTER, INC.
approved by the Securities and Exchange Commission of the Philippines
on August 3, 1994
SEC registration nr: ANO94-002898

KNOW ALL MEN BY THESE PRESENTS:

The undersigned incorporators, all of legal age and a majority of whom are residents of the Philippines, have this day voluntarily agreed to form a non-stock corporation under the laws of the Republic of the Philippines.

AND WE HEREBY CERTIFY:

FIRST: That the name of the said association shall be:

LATORILLA DEVELOPMENT CENTER, INC.

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

To undertake projects which are charitable, scientific, educational and/or cultural in nature such as but not limited to the ff:

1. Educational assistance programs
2. Scholarships programs
3. and other charitable, scientific, educational, and cultural activities.

The organization shall have the following features:

a) The organization is non-stock and non-profit.
b) The members of the board of trustees shall not receive compensations or fixed renumerations.
c) No part of the net income will inure to the benefit of a private person.
d) Not less than 70% of the total fund will be used for projects & purposes of the organizations and not more than 30% of the said funds will be utilized for administrative expenses, and
e) in case of dissolution, the remaining property shall be donated to similar organization or to the government of the Philippines.

THIRD: That the principal office of the association is located in the City/Municipality of Maitum, Sarangani Provice, Philippines.

FOURTH: That the term for which the said association is to exist is FIFTY (50) years from and after the date of incorporation.

FIFTH: That the names, nationalities and residences of the incorporators of the association are as follows:

Name Nationality Residence
Elpidio C. Latorilla Jr. Filipino 9 Ruby st. Severina Diamond
Km. 18 SSH Paranaque, M.Manila
Elpidio L. Latorilla Sr. Filipino Maitum, Sarangani Prov.
Leonida C. Latorilla Filipina Maitum, Sarangani Prov.
Josephine C. Latorilla Filipina Good Sheperd Convent,
Banawa Hills, Cebu city
Joselito V. Linasa Filipino 66 Vinzon st. BF Homes,
Paranaque M.Manila

SIXTH: That the number of trustees of the association shall be FIVE (5), and the names, nationalities and residences of the first trustees of the association are as follows:

Name Nationality Residence
Elpidio C. Latorilla Jr. Filipino 9 Ruby st. Severina Diamond
Km. 18 SSH Paranaque, M.Manila
Elpidio L. Latorilla Sr. Filipino Maitum, Sarangani Prov.
Leonida C. Latorilla Filipina Maitum, Sarangani Prov.
Josephine C. Latorilla Filipina Good Sheperd Convent,
Banawa Hills, Cebu city
Joselito V. Linasa Filipino 66 Vinzon st. BF Homes,
Paranaque M.Manila

SEVENTH: That the present members of the association with their contributions are the following:

Name Contribution
Elpidio C. Latorilla Jr. PPeso 2,000.00
Elpidio L. Latorilla Sr. PPeso 1,000.00
Leonida C. Latorilla PPeso 1,000.00
Josephine C. Latorilla PPeso 1,000.00
Joselito V. Linaza PPeso 1,000.00

EIGHTH: That Leonida C. Latorilla has been elected by the members as Treasurer of the association to act as such until his/her succesor is duly elected and qualified in accordance with the by-laws, and that as such Treasure, he/she has been authorized to receive for and in the name and for the benefit of the association, all contributions or donations paid by or given by the members.

IN WITNESS HEREOF, we have hereunto signed this Article of Incorporation, this 20th day of July, 1994, in the City/Municipality of Paranaque Province of Metro Manila, Republic of the Philippines.

signed:
Elpidio C. Latorilla Jr.

signed:
Elpidio L. Latorilla Sr.

signed:
Leonida C. Latorilla

signed:
Josephined C. Latorilla

signed:
Joselita V. Linaza

Signed in the presence of:

signed:
Adelbert P. Allan

signed:
Dr. Teresita A. Asuncion


ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES) S.S.
MANILA )

BEFORE ME, a Notary Public, for and in Manila, Philippines, this 2th day of July, 1994, personally appeared the following persons with their corresponding Residence Certificate Nos.:

Name Res. Cert. No. Date/Place Issued
Elpidio C. Latorilla Jr. 13984465 A 06.22.94/Manila
Elpidio L. Latorilla Sr. 20913408 01.13.94/Maitum
Leonida C. Latorilla 20913516 01.17.94/Maitum
Josephine C. Latorilla 1990224 B 02.22.94/Cebu
Joselito V. Linasa 22467739 01.17.94/Makati

known to me and to me known to be the same persons who executed the foregoing Articles of Incorporation constituting of five (5) pages, including this page where the acknowledgement is written, and they acknowledged to me that the same is their free act and voluntary deed.

WITNESS MY HAND AND SEAL on the day first above-written.

signed:
ANTONIO G. MALONZO
Notary Public
PTR No. B-1029647 Manila Jan. 3, 1994
TIN 106-187-030
Until Dec. 31, 1995

Doc. No. 1131;
Page No. 104;
Book No. IV;
Series of 1994.


SECRETARY'S CERTIFICATE

That I, Josephine C. Latorilla, Secretary of LATORILLA DEVELOPMENT CENTER, INC., a corporation in the process of registration, hereby certify:

That at the special meeting of the Board of Directors of the corporation held on July 20, 1994 at the corporation's Office during which a quorum was present, the following resolution was duly approved:

" RESOLVED, that the association will comply with the SEC Requirements for non-stock corporations dated May 24, 1963 in the course of its operations."

In witness hereof, I hereby affix my signature this 20th day of July 1994 at Paranaque, Metro Manila.

signed:
Josephine C. Latorilla
Secretary

ATTESTED BY:
signed:
Elpidio C. Latorilla Jr.
President


Amendments, changes and updates:

(1995)

  • Elpidio Latorilla is living in Germany.
    (1996)
  • Josephine Latorilla is named Josephine Nachtmann and is living in Germany.
    (January, 2003)
  • The center will support the development of open-source software.

    Mode of Operation of Latorilla Development Center, Inc.