The company's purpose is the acquisition, sale, construction and rental of properties in the Canton of Geneva and all related operations, in particular the operation of the property it acquired at its inception for the price of two hundred and thirty thousand eight hundred francs from Mr. Firmin Ody, son of François, entrepreneur, residing in Geneva, Rue Liotard No 11, located in the Commune of Geneva, Section Cité, currently designated in the Feuillet 612 and in the cadastre as parcel 2930, sheet 51, containing two ares and ninety-eight meters, with the building No A 74 of two ares and ninety-one meters, habitation. The company may also carry out, either on its own account or on behalf of third parties, all financial, commercial, industrial, movable and immovable operations in Switzerland and abroad, directly or indirectly related to the main purpose. It may grant loans to its shareholders or to third parties, act as guarantor for loans subscribed by its administrators or third parties, guarantee these loans by issuing or pledging mortgage securities, or by subscribing to any other financial commitment, pledge its assets to secure any claim.
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