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May 1, 1852
The Banco Español Filipino de Isabel II, the predecessor of the Bank of the Philippine Islands, discounted a P10,000
promissory note of Tadian, a Chinese, at 90 days sight, with the endorsement of a fellow Chinese, Valentin Guidoti. This was
the bank’s very first transaction. A few days later, on May 3, 1852, a Fulgencio Barrera deposited P3,000 with the bank,
marking the institution’s first voluntary deposit.
Source: Maria Teresa Colayco, A Tradition of Leadership: Bank of the Philippine Islands [Makati: BPI, 1984], p.
28
May 2, 1994
Globe Telecom obtained its service area assignments for its fixed telephone network from the National Telecommunications
Commission. Globe’s service area covers Makati, Mandaluyong, Marikina, Pasig, and San Juan in the National Capital Region;
Cavite, Batangas, Mindoro Occidental, Mindoro Oriental, and Palawan in Southern Luzon; and Lanao del Norte, Lanao del Sur,
Maguindanao, North Cotabato, and Sultan Kudarat in Mindanao.
Source: Globe Telecom primer, 2000, p. 6
May 3, 1868
The Colegio de la Immaculada Concepcion Concordia, now known as La Concordia College, was officially opened. This school for
girls was founded by Margarita Roxas de Ayala—social worker, philanthropist, and pioneering businesswoman (with her husband
Antonio de Ayala, she was actively involved in the running of the Ayala business house). Having received no formal schooling
herself, Margarita was aware of the need for more schools for girls. She started making plans to establish one as early as
1855 and presented these plans to the King of Spain, who gave the project his full support. Margarita donated her own house
and lot at San Fernando de Dilao near Sta. Ana, Manila, for the use of the school. She shouldered the expenses necessary to
set up the school and later continued to provide the nuns and priests who were chosen to run it with all the financial and
material support needed to give the students a proper education.
Source: E. Arsenio Manuel, Dictionary of Philippine Biography, vol. 1 [Quezon City: Filipiniana Publications, 1955], p. 85
and 87-88; Kuwentong Ayala, vol. 9, no. 4, June 1978, p. 30
May 8, 1986
The first phase of Ayala Heights, a subdivision in Quezon City, was opened to the public. Readily accessible by major
thoroughfares, Ayala Heights was envisioned to create a healthy and a wholesome environment capable of supporting a thriving,
peaceful community. Then AC president Jaime Zobel de Ayala led the rites, with UP Chaplain, Fr. Jose Bernardo starring off
with an invocation. Members of AC’s Real Estate Group, the predecessor of ALI, Francisco H. Licuanan III, FZA, Dan Batacan,
Vince Y. Tan, Managers, also attended the opening ceremony.
Source: Kuwentong Ayala, vol. 17, no. 2, August 1986, p.
21. Posted in 2002
May 21, 1879
Antonio Melian y Pavia, Conde de Perecamps, was born in the Canary Islands. After living for several years in Peru, he
eventually settled in Manila and married Margarita Zobel y de Ayala. He became a partner at Ayala y Cia and there made his
mark by introducing Ayala to the insurance business. In 1913, he initiated the founding of Filipinas Compania de Seguros.
Filipinas—which was reorganized into FGU Insurance Corporation in 1963—was the first Filipino-owned fire insurance firm and a
pioneer in the non-life insurance industry in the Philippines. Antonio Melian served continuously as president or director of
the company until his retirement 22 years later. He passed away in 1928.
Source: Eduardo Lachica, Ayala: The Philippines’ Oldest
Business House [Makati: Filipinas Foundation, 1984], pp. 142–43
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