Ortigas Center - History

History

Ortigas Center began as the 4,033-hectare "Hacienda de Mandaloyon", an estate from the Augustinian Order. In the following years, there were several changes of partners. Then, on July 10, 1931, the company was incorporated “Ortigas, Madrigal y cia., S. en C.” as a limited partnership by shares (sociedad comanditaria por acciones). The parties to the partnership were Francisco Ortigas (Don Paco), Vicente Madrigal, B.C.M. Johnston, Fulgencio Borromeo, Clyde A. Dewitt and Manuel L. Quezon.

When Ortigas & Company acquired the estate, it was a virtual wasteland. The vision of the management, headed by Atty. Francisco Ortigas, Jr., who was President and Chairman at that time, turned it into a progressive industrial, commercial, and residential urban complex.

Read more about this topic:  Ortigas Center

Famous quotes containing the word history:

    Anyone who is practically acquainted with scientific work is aware that those who refuse to go beyond fact rarely get as far as fact; and anyone who has studied the history of science knows that almost every great step therein has been made by the “anticipation of Nature.”
    Thomas Henry Huxley (1825–95)

    The history of this country was made largely by people who wanted to be left alone. Those who could not thrive when left to themselves never felt at ease in America.
    Eric Hoffer (1902–1983)

    History, as an entirety, could only exist in the eyes of an observer outside it and outside the world. History only exists, in the final analysis, for God.
    Albert Camus (1913–1960)