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| REPUBLIC ACT NO. 2040 - AN ACT TO
EXTEND THE CORPORATE EXISTENCE OF THE BAGUIO COUNTRY CLUB CORPORATION |
| Section
1. The corporate existence of the Baguio Country Club
Corporation is hereby extended for fifty years counting from the
nineteenth day of February, nineteen hundred and fifty-seven, subject
to the filing by said corporation with the Securities and Exchange
Commission of a copy of its amended articles of incorporation, duly
certified to be correct by the president and the secretary of the
corporation and a majority of the board of directors, setting out that
its corporate existence is to expire fifty years from the nineteenth
day of February, nineteenth hundred and fifty-seven. Section 2. The Securities and Exchange Commission shall be entitled to collect and receive for the filing of the amended article of incorporation, referred to in section one, the same fees that it may be entitled to collect and receive for the filing of articles of incorporation as now provided by law. Section 3. All Acts or parts of Acts inconsistent or in conflict with this Act are hereby repealed. Section 4. This Act shall take effect upon its approval. Enacted, without Executive approval, June 23, 1957. |
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