BURNSIDE STREET HOLDING |
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Company Name | BURNSIDE STREET HOLDING |
Date of Registration | 23rd April 1996 |
Company Objective | 1a. to invest its assets in securities, such as shares and other certificates of participation and bonds, as well as in other interest-bearing debentures, however denominated and in any and all forms; b. to acquire: i. revenues, derived from the alienation or assignment of the right to use copyrights, patents, designs, secret processes or formulas, trade marks and other analogous property; ii. royalties, including rentals, with regards to films or for the use of industrial, commercial or scientific equipment, as well as relating to the exploitation of a mine or quarry or pit or any other natural resources and other real property; iii. considerations paid for technical assistance; c. to invest its assets, either directly or indirectly, in real property and rights, to acquire, own, hire, let, rent, lease, divide, drain, develop, improve, build upon, sell, or otherwise alienate, mortgage or otherwise encumber of real property and build infrastructural works such as roads, pipelines and similar works on real property; d. to give security bonds and other guarantees, and to transfer ownership whether or not in fiduciary ownership or in trust, or mortgage, pledge or otherwise encumber assets, all this as security for the payment of the debts of the corporation and the debts of third parties, whether or not for a consideration; e. the trade in, including the wholesale trade, the distributive trade ande the future trade, as well as the import and export of raw materials, minerals, metals, organic materials, semi-finished products and finished products of any kind and by whatever name; f. to manage subsidiaries and other connected enterprises and companies; g. to borrow and lend out monies to respective professional market-parties, natural persons and corporate bodies which are related to the corporation by participation in its capital stock directly or indirectly, to emit bonds for monies received in loans and to give security in any manner in favor of third parties. 2. The corporation may not be active, in or outside of Aruba, as a credit company or credit association as referred to in the Bank and Credit system Supervision Act. The corporation may not participate in the Aruban commercial traffic, except for those transactions which are necessary to maintain the administration of an office in Aruba. 3. The corporation is authorized to perform any and everything for the achievement of its objective which can be necessary or useful, or stands in relationship therewith, in the broadest sense of the word, including the participation in any other enterprise or company and also to perform all other actions in the commercial, industrial and financial area. |
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Financial Secrecy Index [more info] | 68 |