What schedule is William A. Buckley executing in the Coffee News Maine state acknowledgement?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
der: | Debtor: | | | Coffee News USA, Inc | [Franchisee's name] By: Title: | | | By: William A. Buckley | | | | Title: President | | | | [witness] | [witness] | |
| STATE OF MAINE ) ) SS. | |
|---|---|
| COUNTY OF PENOBSCOT ) | |
| Personally appeared before me on this,20, the above named William A. E person who executed the foregoing Schedule B as I Holder and, being duly sworn, stated upon that the Sche | Buckley to me known to be the President of the above named |
| My Commission expires: | Notary Public |
| STATE OF | |
| Personally appeared before me on this,20, the above named "Debtor") to me known to be the person who execute of the above named Debtor and, be the Schedule B is true and correct. | (the ed the foregoing Schedule B as |
| My Commission expires: | Notary Public |
SCHEDULE C PROMISSORY NOTE (An alternative option to SDHCEDULE B)
| $ | , 20 | |
|---|---|---|
| 04401 | [trade in section pay to the order of Coffee News US [1] (the "Holder"), the sum of | address of the Franchisee] doing business name of his business] (the "Debtor") SA, Inc. at 120 Linden St., Bangor, Maine f Dollars sipal") and such other finance charges, in |
| 1. | The payments shall be made as follows | : |
| Principal Amount Financed: Duration of Loan: Start Date of Loan: | $ (months) | |
| Monthly Payment ($25.00/week for each franchised unit): | $ | |
| Total Number of Payments: Principal Amount to be paid: Finance Charges to be paid: Total Cost of the loan: | $ $ $ | |
| month descri contin | ning on, 20 [ n until he/she have paid all of the princ ibed above that he/she may owe under t | on the day of each calendar month Debtor will make these payments every sipal and interest and any other charges this Note. In no event shall any monies 0, which is called the "maturity date." ne without penalty. |
Source: Item 23 — Receipts (FDD pages 36–118)
What This Means (2025 FDD)
According to the 2025 Coffee News Franchise Disclosure Document, William A. Buckley is identified as the President of Coffee News USA, Inc. and is involved in executing Schedule B and Schedule C within the State of Maine and County of Penobscot.
The document includes acknowledgements where William A. Buckley appears before a Notary Public to affirm that he executed Schedule B and Schedule C on behalf of Coffee News USA, Inc. As president, he confirms the accuracy of these schedules. However, the exact date of execution is not filled in, showing "this,20," indicating that the day was to be completed at the time of signing.
This suggests that Schedule B and Schedule C are legal documents or agreements that require notarization and confirmation by the company's president. For a prospective franchisee, this highlights the importance of understanding all schedules and legal documents provided by Coffee News and ensuring they are accurately completed and notarized as required.