User:Hard fudge/sandbox
From Wikipedia, the free encyclopedia
Hacienda Luisita is a 6,453-hectare sugar plantation located in the province of Tarlac, Philippines. The hacienda spans 11 villages in three towns of Tarlac province. Most of the original farmworkers reside in 10 villages – Barangays Balete, Cutcut (or Sta. Catalina), Lourdes (formerly Texas), Mapalacsiao (formerly Luisita), Asturias, and Bantog in Tarlac City; Barangay Motrico in La Paz town; and Barangays Parang (formerly San Sebastian), Mabilog (formerly Pasajes) and Pando in Concepcion town. The original estate includes the Central Azucarera de Tarlac (CAT) sugar mill and a golf course. The eleventh village is Barangay Central in Tarlac City which houses the CAT sugar mill, the St. Martin de Porres Hospital and the Our Lady of Lourdes Church. It features Luisita Golf and Country Club, a golf course and Las Haciendas de Luisita Subdivision, a 5-interconnected subdivision.[1]
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Originally owned by the Compañía General de Tabacos de Filipinas, it is now owned by the Cojuangco family who acquired the hacienda in the late 1950s. The estate's incorporators, who control 70 percent of Hacienda Luisita's stock shares, are Pedro Cojuangco, Josephine C. Reyes's heirs, Teresita C. Lopa’s heirs, José Cojuangco, Jr., and María Paz C. Teopaco, all siblings of the late former President Corazón C. Aquino who, on the day she became President of the Philippines, bequeathed her shares to her children and the Daughters of Charity and other non-profit organizations. The remaining 30 percent of the stock shares was given to farm workers under the Comprehensive Agrarian Reform Program's stock distribution option scheme.[2]