The noble idea of establishing an educational institution in the college level in Aklan offering academic courses had its inception before the last war. The inclusive months of August? October, 1941 were devoted to its organization. The outbreak of the War stalled its foundation. After the liberation, prominent men and educators in Aklan adhered and joined efforts to organize. A committee composed of seven members was constituted. The committee elected Mr. Digno Alba as Chairman. A finance committee headed by Mr. Vicente M. Salido and a committee on style to draft the Articles of Incorporation and By-laws headed by Atty. Ludovico O. Peralta were also formed. A group took charge of conducting a campaign for stockholders and students throughout Aklan. Among others, this group was composed of Mr. Digno Alba, Mr. Filemon F. Guerra, Mr. Emeterio L. Prado, Mr. Luis Enriquez, Atty. Ludovico O. Peralta, Mr. Vicente M. Salido, Dr. Rafael S. Tumbokon, Mr. Manuel O. Peralta, Mr. Teodoro P. Icamina and Mr. Juan Tolentino. On August 18, 1945, in a meeting of stockholders, the Articles of Incorporation and By-Laws drafted by the Peralta Committee were approved and submitted to the Securities and Exchange Commission. Moreover, the fifteen incorporators and the members of the Board of Trustees were elected. The fifteen incorporators elected according to the number of votes cast were: Dean Filemon G. Guerra, Atty. Manuel Laserna, Atty. Raz Me?ez, Atty. Ludovico O. Peralta, Dr. Federico R. Me?ez, Mr. Digno Alba, Prof. Vicente M. Salido, Prof. Emeterio L. Prado, Atty. Jose A. Urquiola, Prof. Jose M. Reyes, Dr. Querubin Fulgencio, Mr. Jesus Aranas, Dr. Salvador R. Acevedo, Dr. Rafael S. Tumbokon and Dr. Conrado F. Quimpo. The first Board of Trustees was presided by Atty. Jose Q. Peralta. Other members of the first Board of Trustees elected were Dean Filemon F. Guerra, Atty. Manuel Laserna, Dr. Federico R. Me?ez, Atty. Ludovico O. Peralta, Mr. Digno Alba, Prof. Vicente Salido, Prof. Emeterio L. Prado, Atty. Jose A. Urquiola, Prof. Jose M. Reyes, Dr. Querubin Fulgencio, Mr. Jesus Aranas, Dr. Salvador R. Acevedo, Dr. Rafael S. Tumbokon and Dr. Conrado F. Quimpo. Dr. Federico R. Me?ez was elected by the stock subscribers as the first treasurer of the corporation.
There were 73 original stockholders of the Aklan College, Inc., to wit; Digno Alba, George Alba, Ricardo Alba, Edita Albar, Joaquin Acevedo, Salvador Acevedo, Jesus Aranas, Manuel Andrade, Lucila Advincula, Adorico Bantigue, Benjamin Barrios, Maria Barrios, Josedicio Bautista, Miguel Calizo, Crispulo Cruz, Eulogio Cleope, Leopoldo dela Cruz, Luis Enriquez, Pamposa U. Sitioko, Salvador Esmero, Querubin Fulgencio, Eduardo Fuerte, Carolina Francisco, Filemeon F. Guerra, Juanito Garcia, Patria Gonzales, Nicanor Gonzales, Florencio Garcia, Teodoro Icamina, Florentina Icamina, Ester Jurilla, Albina Losada, Pacita Lamuntao, Federico Luces, Manuel Laserna, Jose Mabasa, Salvador Mabasa, Federico Me?ez, Jose R. Me?ez, Nicena T. Morales, Iluminado Motus, Pedro Oquendo, Ludovico Peralta, Manuel Peralta, Jose Peralta, Emeterio L. Prado, Conrado Quimpo, Fidel Quimpo, Jose Quimpo, Vicente Quimpo, Rustico Quimpo, Castor Reyes, Emeterio Roldan, Vicente Romaquin, Loreto del Rosario, Jose M. Reyes, Salvador Reyes, Jose Salazar, Vicente M. Salido, Bienvenido Songco, Soledad Suarez, Rafael Tumbokon, Crisanta Ureta, Jose Urquiola, Edicio Venturanza, Sergio Vizcarra, Simplicia Vega, Adriano Seraspi, Juan Tolentino Jr. and Avelino Torre.