KEMBAR78
Deed of Assignment | PDF | Assignment (Law) | Private Law
0% found this document useful (0 votes)
12 views4 pages

Deed of Assignment

The document is a Deed of Assignment in which Edsel Sibug assigns his rights to 2,000 shares of GK Cash Lending Corp. to Richard Rosales Maturan for Php200,000. Similarly, Charito S. Sacdalan assigns her rights to the same number of shares to Marilou M. Tenorio for the same amount. Both assignments are certified to be in accordance with corporate bylaws and have received prior consent from all stockholders.

Uploaded by

law.iaanarna
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
12 views4 pages

Deed of Assignment

The document is a Deed of Assignment in which Edsel Sibug assigns his rights to 2,000 shares of GK Cash Lending Corp. to Richard Rosales Maturan for Php200,000. Similarly, Charito S. Sacdalan assigns her rights to the same number of shares to Marilou M. Tenorio for the same amount. Both assignments are certified to be in accordance with corporate bylaws and have received prior consent from all stockholders.

Uploaded by

law.iaanarna
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
You are on page 1/ 4

DEED OF ASSIGNMENT

KNOW ALL MEN BY THESE PRESENTS:

I, EDSEL SIBUG, Filipino, of legal age and with postal address at 15-8
Nena Drive, Villa Teresa Subdivision, Angeles City, for and in consideration of
the sum of TWO HUNDRED THOUSAND PESOS (Php200,000.00) , Philippine
Currency, to me paid by RICHARD ROSALES MATURAN. Filipino, of legal age,
and a resident of Ramos St., Lalaan II, Silang, Cavite, receipt of which is hereby
acknowledged, do hereby ASSIGN, TRANSFER AND CONVEY unto the said
person all my rights, interest and holdings as to the following described personal
property:

“Subscription rights to TWO THOUSAND (2,000) shares of stock of


GK CASH LENDING CORP., with a par value of ONE HUNDRED
(Php100.00) PESOS per share, of which the sum of TWO
HUNDRED THOUSAND (Php200,000.00) pesos has been paid.”

I further certify that the amount of TWO HUNDRED THOUSAND PESOS


(Php200,000.00) as herein set forth as consideration of this agreement is
equivalent to the entire amount which I paid to GK CASH LENDING CORP. in
payment of the above-stated shares of stocks which represents a portion (20%)
of my subscription and holdings in the corporation.

I further certify that this assignment of shares of stock is with prior


consent of all the stockholders of GK CASH LENDING INC., and of the
corporation itself in conformity with the subscription contract with the said
corporation and not violative of the corporation’s by laws.

For the purpose of giving effect to the assignment made pursuant hereto, I
hereby authorize and empower the Corporate Secretary of the Corporation to
transfer and register in the books of the Corporation my TWO THOUSAND
(2,000) shares hereof in the name of RICHARD ROSALES MATURAN.

I further covenant with The said assignee that I own and have the right to
sell and transfer the title and ownership of the above-described property and will
defend the same against the claims of any and all persons whomsoever.

Lastly, by virtue of the assignment of my share of stock, I hereby


renounce, surrender and relinquish any and all of my rights, shares and interests
pertaining to the GK CAH LENDING CORP. shares that I have hereunto
assigned in favor of RICHARD ROSALES MATURAN.

IN WITNESS WHEREOF, I have hereunto signed below this _______day


of ________________, 2011

EDSEL SIBUG RICHARD ROSALES MATURAN


Assignor Assignee
SIGNED IN THE PRESENCE OF:

_______________________ ________________________

ACKNOWLEDGMENT
Republic of the Philippines)
)S.S.
x - - - - - - - - - - - - - - - - - -x

BEFORE ME, a Notary Public for and in the Province of Cavite, appeared
the persons of:

EDSEL SIBUG – DL No. C10-07-00597-3, expires on 2012-05-02

RICHARD ROSALES MATURAN -

presenting an integrally complete instrument or document entitled Deed of


Assignment consisting of one page, including this page and is attested to be
personally known to me or identified by me through competent evidence of
identity as defined by the Rules on Notarial Practice of 2004, and they represent
to me that the signatures on the instrument or document were voluntarily affixed
by them for the purposes stated in the instrument or document as their free and
voluntary act and deed.
WITNESS MY HAND AND SEAL THIS ___ day __________, 2011.

Doc. No. ____


Page No. ___
Page No. ___
Series of 2011.
DEED OF ASSIGNMENT

KNOW ALL MEN BY THESE PRESENTS:

I, CHARITO S. SACDALAN, Filipino, of legal age and with postal address


at 15-8 Nena Drive, Villa Teresa Subdivision, Angeles City, for and in
consideration of the sum of TWO HUNDRED THOUSAND PESOS
(Php200,000.00) , Philippine Currency, to me paid by MARILOU M. TENORIO,
Filipino, of legal age, and a resident of Ramos St., Lalaan II, Silang, Cavite,
receipt of which is hereby acknowledged, do hereby ASSIGN, TRANSFER AND
CONVEY unto the said person all my rights, interest and holdings as to the
following described personal property:

“Subscription rights to TWO THOUSAND (2,000) shares of stock of


GK CASH LENDING CORP., with a par value of ONE HUNDRED
(Php100.00) PESOS per share, of which the sum of TWO
HUNDRED THOUSAND (Php200,000.00) pesos has been paid.”

I further certify that the amount of TWO HUNDRED THOUSAND PESOS


(Php200,000.00) as herein set forth as consideration of this agreement is
equivalent to the entire amount which I paid to GK CASH LENDING CORP. in
payment of the above-stated shares of stocks which represents a portion (20%)
of my subscription and holdings in the corporation.

I further certify that this assignment of shares of stock is with prior


consent of all the stockholders of GK CASH LENDING INC., and of the
corporation itself in conformity with the subscription contract with the said
corporation and not violative of the corporation’s by laws.

For the purpose of giving effect to the assignment made pursuant hereto, I
hereby authorize and empower the Corporate Secretary of the Corporation to
transfer and register in the books of the Corporation my TWO THOUSAND
(2,000) shares hereof in the name of MARILOU M. TENORIO.

I further covenant with The said assignee that I own and have the right to
sell and transfer the title and ownership of the above-described property and will
defend the same against the claims of any and all persons whomsoever.

Lastly, by virtue of the assignment of my share of stock, I hereby


renounce, surrender and relinquish any and all of my rights, shares and interests
pertaining to the GK CAH LENDING CORP. shares that I have hereunto
assigned in favor of MARILOU M. TENORIO.

IN WITNESS WHEREOF, I have hereunto signed below this _______day


of ________________, 2011

CHARITO S. SACDALAN MARILOU M. TENORIO


Assignor Assignee
SIGNED IN THE PRESENCE OF:

_______________________ ________________________

ACKNOWLEDGMENT
Republic of the Philippines)
)S.S.
x - - - - - - - - - - - - - - - - - -x

BEFORE ME, a Notary Public for and in the Province of Cavite, appeared
the persons of:

CHARITO S. SACDALAN -

MARILOU M. TENORIO -

presenting an integrally complete instrument or document entitled Deed of


Assignment consisting of one page, including this page and is attested to be
personally known to me or identified by me through competent evidence of
identity as defined by the Rules on Notarial Practice of 2004, and they represent
to me that the signatures on the instrument or document were voluntarily affixed
by them for the purposes stated in the instrument or document as their free and
voluntary act and deed.
WITNESS MY HAND AND SEAL THIS ___ day June, 2011.

Doc. No. ____


Page No. ___
Page No. ___
Series of 2011.

You might also like