|
|
|
|
|
ARTICLES OF PARTNERSHIP
KNOW ALL MEN BY THESE PRESENTS:
That we, _____, Filipino, single/married to, ______Filipino, single/married to, ______Filipino, single/married to_______ and _______ Filipino, single/married to have covenanted to establish a partnership from this date, in accordance with existing laws,
AND WE HEREBY CERTIFY:
1. That the names, surnames and addresses of the respective partners are as follows:
Name Addresses
2. That the name of this partnership shall be ____, and it shall exist for ___ years from the execution of this instrument, with the right of transfer or retirement of any partner provided written notice and approval are made to and by the others;
3. That the capital of this partnership shall be ______ (P_____), Philippine Currency, broken down, in contributions, as follows:
Name Contributions
4.That the purposes for which this partnership is established are as follows:
5. That the partnership and the business shall be under the management and supervision of ______ as General manger, who shall perform such acts and enter into transactions as may be necessary, in the name of the partnership, for the conduct of its business, and who shall receive a monthly salary of __________ (P_____).
6.That the profits and losses shall be divided among the partners pro rate, in proportion to their respective contributions, as set forth in paragraph 3 hereof.
IN WITNESS WHEREOF, -------
Signature of Partner Signature of Partner Signature of Partner
Signature of Partner Signature of Partner Signature of Partner
WITNESSES : _________________ __________________
ACKNOWLEDGMENT
***This is another form of business organization which is a
little bit informal than a corporation. No stock shares
and at least two can already form a partnership.
>>BACK<<
|
|
|
| |