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:

    Modern Western thought will pass into history and be incorporated in it, will have its influence and its place, just as our body will pass into the composition of grass, of sheep, of cutlets, and of men. We do not like that kind of immortality, but what is to be done about it?
    Alexander Herzen (1812–1870)

    The only thing worse than a liar is a liar that’s also a hypocrite!
    There are only two great currents in the history of mankind: the baseness which makes conservatives and the envy which makes revolutionaries.
    Edmond De Goncourt (1822–1896)

    [Men say:] “Don’t you know that we are your natural protectors?” But what is a woman afraid of on a lonely road after dark? The bears and wolves are all gone; there is nothing to be afraid of now but our natural protectors.
    Frances A. Griffin, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 19, by Susan B. Anthony and Ida Husted Harper (1902)