Consumers Articles of Cooperation
Consumers Articles of Cooperation
Consumers Articles of Cooperation
of
Northern Samar Health Worker Consumers Cooperative
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.
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:
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;
10. To adopt such other plans as may help foster the welfare of the
members, their families and the community;
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.
3. Of succession;
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
Article VII
Area of Operation
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
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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
A. Common Share
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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
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BE IT KNOWN THAT:
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10
11.
12.
13.
14
15.
__________________________ ___________________________
Signature Over Printed Name Signature Over Printed Name
ACKNOWLEDGMENT
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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.
Notary Public
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