March 19, 2015 marks the birth of
the Ateneo de Naga High School Batch 1991, Inc. as a juridical person after its
Articles of Incorporation and By-Laws were duly approved by the Securities and
Exchange Commission upon its issuance to the association on even date of a
Certificate of Incorporation.
The change in status from a mere
association to a body corporate came twenty-four years after majority its
members graduated in 1991 and 652 days before they celebrate their silver jubilee
on December 30, 2016. Such was after two and a half months after the new set of
officers for 2015 headed by its President, Alberto Bercasio, first met in
January 10, 2015 to finally push for the works on the incorporation of the
association which was initiated in the February 11, 2013 meeting and even in
the years prior. Thus, after a series of meetings and behind-the-scene works to
draft, print, review, revise, present for ratification, final drafting and
signing, the association’s AI & BL were then approved for registration by
the SEC Legazpi Extension Office.
The Ateneo de Naga High School
Batch 1991, Inc. (ADNHS91), is registered as a non-stock corporation classified
under the industry type of alumni association. As a non-stock corporation, no
part of its income is distributable as dividends to its members, trustees, or
officers and any profit which it may obtain as an incident to its operations
shall, whenever necessary or proper, be used for the furtherance of the purposes
for which it was organized, i.e., primarily, to provide a forum that will promote the interests and welfare of the
association members and an avenue where they can bring into fruition their
ingrained ideal as men for others.
