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ARTICLES OF COOPERATION OF THE
BYAHEKADITO! TRANSPORT SERVICE COOPERATIVE

KNOW ALL MEN BY THESE PRESENTS:

We, the undersigned Filipino citizens, of legal age and residents of the Philippines, have voluntarily agreed to organize a primary service cooperative, under the laws of the Republic of the Philippines, more particularly R.A. 9520.

AND WE HEREBY CERTIFY:

Article I

Name of the Cooperative

That the name of this Cooperative shall be ByaheKaDito! Transport Service Cooperative.

Article II

Purpose/s

That the objectives and purposes for which this cooperative is formed are:

1. To provide the most valuable possible service particularly to those marketers who render Hauling Transport service to bring their demanded products from their producer. 2. To provide the most valuable possible service to the resort owners who want their guests to be brought safe and easier. 3. To make life easier for those members of the Cooperation who aspire to have their own transportation unit at the least possible price. 4. Other services that will benefit the members like collective purchasing of raw materials to ensure supply and benefit discounts. 5. This Cooperation is to form with goodwill. Not with self-interest and not necessarily to earn more profit just for the benefit of the founding members.

6. Also as a pay back to less fortunate members specially the drivers.

Article III

Goal

The goal of this cooperative is to help improve the quality of life of its members and in furtherance thereto shall aim:

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, cost-sharing 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 new ideas in business and management;

5. To allow the 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 institutionalize 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 general public;

8. To implement policy guidelines that will ensure transparency, equitable access to its resources and services, and promote the interests of the members; and

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

Article IV

Powers and Capacities

The powers, rights and capacities of this cooperative are those prescribed under Article 9 of Republic Act 9520.

Article V

Term of Existence

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

Area and Business Operations

This Cooperative shall recruit its members within the NCR or near provinces and operate business in the NCR. Its principal office shall be located at Commonwealth Avenue, Quezon City.
Article VII

Name and Address of Cooperators

That the name and complete postal address of the cooperators are as follows: NAME | CITIZENSHIP | POSTAL ADDRESS | 1. Arguelles, Eulogio | Filipino | 379-A Matienza, San Miguel, Mla. | 2. Asuncion, Vicente, Jr. | Filipino | 2181, Evangelista, Makati | 3. Barrios, Thomas | Filipino | 1838 Sampaloc Ave. San Antonio Vill. Makati | 4. Buenviaje, Erika Shane | Filipino | | 5. Cachero, Eusebio, Jr. | Filipino | 52 6th Avenue, Cubao, Quezon City | 6. Cariño, Ellaine | Filipino | 5 Glenn st., Doña Faustina, Culiat, Quezon City | 7. Casanova, Eb Dalton | Filipino | | 8. Cosme, Roselle Joy | Filipino | Lot 1, Phase 2, Sagana Homes, Culiat, Quezon City | 9. Cosmelia, Kenettelyn | Filipino | 46 Sanchez st. Fortune, Marikina City | 10. Dacara, Sarah Jane | Filipino | 17-C Corazon de Jesus, San Juan City | 11. Damole, Ma. Joannavy | Filipino | | 12. Dela Cruz, Mariel | Filipino | 43 E. Jose Feliciano st. Sagad, Pasig City | 13. Jalandino, Bernardino | Filipino | 140 West Ave., Philam Homes, Quezon City | 14. Lara, Rafael | Filipino | 56 East Maya, Philam Homes, Quezon City | 15. Pacis, Alejandro | Filipino | 374 Adela st. Novaliches, Quezon City |

Article VIII
Common Bond of Membership
That the common bond of membership of this Cooperative is occupational and the field of membership shall be open to all Drivers, Marketers, Producers or Resort owners. The cooperative shall be open to all natural persons who are all 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.
Provides that the prospective members shall: a. Pledge to undertake the responsibilities of the members; b. Complete the prescribed pre-membership cooperative education program; c. Provided that no member shall be accepted if he/she is already a member of an existing cooperative of the same kind operating in the same area.

Article IX
Board of Directors

That the number of Directors of this Cooperative shall be eight (8) and the name and address of the directors who are to serve until their successors shall have been elected and qualified as provided in the by-laws are: NAME | CITIZENSHIP | POSTAL ADDRESS | 1. Buenviaje, Erika Shane | Filipino | | 2. Cariño, Ellaine | Filipino | 5 Glenn st., Doña Faustina, Culiat, Quezon City | 3. Casanova, Eb Dalton | Filipino | | 4. Cosme, Roselle Joy | Filipino | Lot 1, Phase 2, Sagana Homes, Culiat, Quezon City | 5. Cosmelia, Kenettelyn | Filipino | 46 Sanchez st. Fortune, Marikina City | 6. Dacara, Sarah Jane | Filipino | 17-C Corazon de Jesus, San Juan City | 7. Damole, Ma. Joannavy | Filipino | | 8. Dela Cruz, Mariel | Filipino | 43 E. Jose Feliciano st. Sagad, Pasig City |

ARTICLE X

Capitalization

That the authorized share capital of the cooperative is SIX HUNDRED MILLION PESOS (Php600,000,000) and said capital is divided into SIXMILLION (6,000,000) shares with a par value of One Hundred Pesos (Php100).

ARTICLE IX
SUBSCRIBED CAPITAL AND PAID-UP

That the authorized share capital of which has been actually subscribed is TWO THOUSAND TWO HUNDRED FORTY (p2,240.00) and the amount paid on such subscription is Five Hundred Sixty Pesos (P560.00) and that the following members have subscribed and paid for the number of shares and amount of share capital set out after their respective names:

NAME | NO. OF SHARES | AMOUNT OF CAP. SUBS | NO. OF SHARES PAID | AMOUNT PAID | | 80 | 80 | 20 | Php20 | | 80 | 80 | 20 | Php20 |

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