Consumers Articles of Cooperation

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ARTICLES OF COOPERATION

of
Northern Samar Health Worker Consumers Cooperative

KNOW ALL MEN BY THESE PRESENTS:

We, the undersigned Filipino citizens, of legal age and residents of the
Philippines, with a firm collective intent, have come together to organize
voluntarily a Consumers Cooperative to advance what we believe is our
inherent right, under the laws of the Republic of the Philippines.

AND WE HEREBY CERTIFY:

Article I
Name of the Cooperative

That the name of this Cooperative shall be Northern Samar Health Worker
Consumers Cooperative.

Article II
Purposes

That the purposes for which this Cooperative is organized are to engage
in:

1. Procurement and distribution of commodities to members and


nonmembers such as (retail, wholesale, restaurant/canteen operation,
water refilling and etc.), _____________ and other basic commodities.

2. Promoting and advancing the economic and social status of the


members;

3. Coordinating and facilitating the activities of cooperatives;

4. Advocating for the cause of the cooperative movements;

5. Ensuring the viability of cooperatives through the utilization of new


technologies; and

6. Encouraging and promoting self-help or self-employment as an engine for


economic growth and poverty alleviation.

Article III
Goals

That the goals of this Cooperative are to help improve the quality of life of its
members and thereby contribute to inclusive growth, enterprise development
and employment. In furtherance thereto, it shall aim:

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1. To attain increased income, savings, investments, productivity, and
purchasing power, and promote among themselves equitable distribution
of net surplus through maximum utilization of economies of scale,
costsharing and risk-sharing;

2. To provide optimum social and economic benefits to its members;

3. To teach members efficient ways of doing things in a Cooperative


manner;

4. To propagate Cooperative practices and innovative ideas in business


undertakings and management;

5. To empower through provision of access, ownership, control and


opportunities to the poor, vulnerable, lower income and less privileged
groups to increase their ownership in the wealth of the nation;

6. To actively support the government, other Cooperatives and people


oriented organizations, both local and foreign, in promoting Cooperatives
as a practical means towards sustainable socio-economic development
under a truly just and democratic society;

7. To develop a dynamic savings mobilization and capital build-up schemes


to sustain its developmental activities and long-term investments,
thereby ensuring optimum economic benefits to the members, their
families and the communities;

8. To adopt membership expansion mechanism/scheme, thereby ensuring


growth of the Cooperative movement;

9. To implement policy guidelines that will ensure transparency,


accountability and equitable access to its resources and services, and
promote the interests of the members;

10. To adopt such other plans as may help foster the welfare of the
members, their families and the community;

11. To advance the competitiveness and innovativeness of the


industry;

12. To coordinate with other Cooperatives on learning exchanges, coop


trade, and information exchanges in fostering sustainable development;

13. To advocate legal framework and enabling policies appropriate for


the development of consumers Cooperatives; and

14. To be the voice and the institution of the poor and the excluded in
resisting the growth-centered development aggression and instead
promote people-centered development.

Article IV
Powers and Capacities

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That the powers, rights and capacities of this Cooperative are those prescribed
under Article 9 of Republic Act 9520.

1. To the exclusive use of its registered name;

2. To sue and be sued;

3. Of succession;

4. To amend its Articles of Cooperation in accordance with the provisions


of RA 9520;

5. To adopt by-laws not contrary to law, morals or public policy, and to


amend and repeal the same in accordance with RA 9520;

6. To purchase, receive, take or grant, hold, convey, sell, lease, pledge,


mortgage, and otherwise deal with such real and personal property as
the transaction of the lawful affairs of the Cooperative may reasonably
and necessarily require, subject to the limitations prescribed by law
and the Constitution;

7. To enter into division, merger, or consolidation, as provided under RA


9520;

8. To form subsidiary Cooperatives and join federations or unions, as


provided in this Code;

9. To avail of loans, be entitled to credit and to accept and receive grants,


donations and assistance from foreign and domestic sources subject to
the conditions of said loans, credits, grants, donations or assistance
that will not undermine the autonomy of the cooperative. The
Authority, upon written request, shall provide necessary assistance in
the documentary requirements for the loans, credit, grants, donations
and other financial support;

10. To avail preferential rights granted to Cooperatives under RA 7160,


otherwise known as the Local Government Code, and other laws,
particularly those in the grant of franchises to establish, construct,
operate and maintain ferries, wharves, markets or slaughters houses
and to lease public utilities, including access to extension and on-site
research services and facilities related to agriculture and fishery
activities;

11. To exercise such other powers granted under RA 9520 or necessary


to carry out its purposes as stated in this Articles of Cooperation; and

12. To act as Guardian Cooperative and accept the responsibilities of


supervising and monitoring the activities of the Laboratory Cooperative
and act in its behalf in dealings with third parties when capacity to
contract is required. (applicable to Guardian Cooperative only)

Article V
Term of Existence

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That the term for which this Cooperative shall exist is Fifty (50) years from
the date of its registration with the Cooperative Development Authority.

Article VI
Common Bond and Field of Membership

That the common bond of membership of this Cooperative is


___________________and the field of membership shall be open to all
___________________ who are natural persons, Filipino citizens, of legal age, with
the capacity to contract and possess all the qualifications and none of the
disqualifications provided for in the By-laws and this Articles of Cooperation.

Article VII
Area of Operation

That the membership of this Cooperative shall come from ____________


________________________________________________________________________.Its
principal office shall be located at ______________________________________
________________________________________________________________________

Article VIII
Name and Address of Cooperators

That the name and complete postal address of the cooperators are as
follows:
Name Postal Address

Article IX
Board of Directors

That the number of Directors of this Cooperative shall be ________(___) (it


should be odd number, not less than 5 nor more than 15 members) and shall

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serve until their successors shall have been elected and qualified within ___
days from the date of registration as provided in the By-laws.

Name

3
4
5

Article X
Capitalization

That the Authorized Share Capital of this Cooperative is


_____________________________________________ PESOS (Php______________),
divided into:

a. __________________________________ (________) common shares with a par


value of ______________________________ (Php ______ ) per share; and

b. _______________________________ (_______) preferred shares with a par


value of _______________________________ (Php ______ ) per share.
c.
Article XI
Subscribed and Paid-up Share Capital

That of the authorized share capital, the amount of


_______________________________________(Php________) has been subscribed,
and ____________________________________________ (Php________) of the total
subscription has been paid by the following members-subscribers:

A. Common Share

Names No. of Amount of No. of Amount of


Subscribe Subscribed Paidup Paidup Shares
d Shares Shares Shares

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Sub Total

B. Preferred Share
Names No. of Amount of No. of Amount of
Subscribed Subscribed Paidup Paid-up
Shares Shares Shares Shares

Sub Total
Grand Total

Article XII
Arbitral Clause

Any dispute, controversy or claim arising out of or relating to this Articles


of Cooperation, By-laws, the Cooperative laws and related rules, administrative
guidelines of the Cooperative Development Authority, including inter-
cooperative, inter-federation disputes and related concerns shall be exclusively
referred to and finally resolved by voluntary arbitration under the institutional
rules promulgated by the Cooperative Development Authority, after compliance
with the conciliation or mediation mechanisms embodied in the Bylaws and in
such other pertinent laws and issuances.

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BE IT KNOWN THAT:

__________________________ has been elected as Treasurer of this Cooperative


to act as such until her/his successor shall have been duly appointed and
qualified in accordance with the By-laws. As such Treasurer, he/she is
authorized to receive payments and issue receipts for membership fees, share
capital subscriptions and other revenues, and to pay obligations for and in the
name of this Cooperative.

IN WITNESS WHEREOF, we have hereunto affixed our signatures opposite our


names this ________ day of _______ in _______________, Philippines.

Name of Cooperators Signature


1.
2.
3.
4.
5.
6.
7.
8.
9.

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11.
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SIGNED IN THE PRESENCE OF:

__________________________ ___________________________
Signature Over Printed Name Signature Over Printed Name
ACKNOWLEDGMENT

Republic of the Philippines ) Prov./City/Mun.


of __________________) S.S.

Before me, a Notary Public for and in the Province/City/Municipality


of_______________________ on this ________ day of _________________, 20__ the
following persons personally appeared with their competent evidence of
identification as indicated opposite their respective names
Name of Cooperators Proof of Date issued Place of Issuance
Identity (IN
ACCORDANC
E WITH
NOTARIAL
LAW)

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All known to me to be the same persons who executed the foregoing
Articles of Cooperation, and acknowledged to me that the same is their free will
and voluntary deed.

This instrument known as Articles of Cooperation consists of ______


pages including this page where the acknowledgment is written signed by the
parties and their instrumental witnesses on each and every page thereof.

WITNESS my hand and seal this____ day of ________,


20____at_____________Philippines.

Notary Public

Doc. No. : ____________


Page No.: _____________
Book No.: _____________
Series of _____________

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