Document:

<PAGE>
EXHIBIT 4.1
[Front of Stock Certificate]
SHADOWS BEND
DEVELOPMENT, INC.
NUMBER                                           SHARES

Authorized Stock:                          50,000,000 Shares
Par Value:                                      $.001 Per Share

THIS CERTIFIES THAT

IS THE RECORD OWNER OF

     SHARES OF THE COMMON STOCK OF SHADOWS BEND DEVELOPMENT, INC.
transferable on the books of the Corporation in person or by duly authorized
attorney upon surrender of this Certificate properly endorsed.  This
Certificate is nat valid until countersigned by the Transfer Agent and
registered by the Registrar.

     Witness the facsimile seal of the Corporation and the facsimile
signatures of its duly appointed officers.

Dated:

/s/ Secretary                              /s/ President
Shadows Bend Development, Inc.

                                Corporate
                                   Seal
                                  Nevada

                       Countersigned and Registered
                           Idaho Stock Transfer
                      421 Couer d' Alene Ave, Suite 3
                         Couer d'Alene, ID 83814

[Back of Stock Certificate]

NOTICE:  Signature must be guaranteed by a firm which is a member of a
registered national stock exchange, or by a bank (other than a saving bank),
or a trust company.  The following abbreviations, when used in the inscription
on the face of this certificate, shall be construed as though they were
written out in full according to applicable laws or regulations.

TEN COM     as tenants in common          UNI GIFT MIN ACT . . Custodian . . .
TEN ENT     as tenants by the entireties                  (Cust)      (Minor)
JT TEN      as joint tenants with right of       under Uniform Gifts to Minors
            survivorship and not as                    Act . . . . . . . . . .
            tenants in common                                (State)

               Additional abbreviations may also be used though not in the
above list.

     For Value Received, _____________________ hereby sell, assign and
transfer unto

Please insert social security or other
  identifying number of assignee

_______________________________________________________________________
(Please print or typewrite name and address, including zip code, of assignee)
_______________________________________________________________________
_______________________________________________________________________
       ______________________________________________________ Shares of the
capital stock represented by the within certificate, and do hereby irrevocably
constitute and appoint _________________ Attorney to transfer the said stock
on the books of the within named Corporation with full power of substitution
in the premises.

Dated

     Notice: The signature of this assignment must correspond with the name
as written upon the face of the certificate in every particular without
alteration or enlargement or any change whatever<PAGE>
EXHIBIT 10.1
PROMISSORY NOTE

Amount $150,000.00                   Baton Rouge, Louisiana
September 29, 2000

     This note replaces the original promissory note dated April 5, 2000.

     For value received, I, WE, or EITHER OF US, in solido, promise to pay to
the order of RANDAL A. GOMEZ the sum of ONE HUNDRED FIFTY THOUSAND
($150,000.00) DOLLARS and borrowers will repay lender NINETY THOUSAND (90,000)
SHARES OF STOCK IN SHADOWS BEND DEVELOPMENT, INC., a Nevada corporation.  This
note will be payable to American Fidelity Mortgage, Baton Rouge, Louisiana.
Due date shall be on or before October 31, 2000.

     In the event that the closing of the Nevada company does not occur prior
to the due date of the note, I, WE or EITHER OF US, agree to pay a floating
interest rate plus 1% per annum on the note with a three year balloon.

     Shadows Bend Development, Inc., reserves the right to pre-pay all or part
of this obligation without penalty.

     In the event of Default of payment in full by October 31, 2000; at the
option of the holder hereof, without notice of default, mature the entire
Obligation.  In the event this note is placed in the hands of an attorney, for
collection the endorsers of this note agree to pay all cost incurred with the
enforcement and collection of this agreement.

/s/ Michael W. Sciacchetano             /s/ Randal Gomez
Michael W. Sciacchetano                     Randal Gomez
(Individually)

Shadows Bend Development, Inc.
By: /s/ Michael W. Sciacchetano
President/CEO

<PAGE>
EXTENSION OF PROMISSORY NOTE

As per our conversation, I, Randal A. Gomez (pledgor), hereby agree to extend
the original promissory note for $150,000.00 dated April 5, 2000 until October
31, 2000.

/s/ Randal A. Gomez              /s/ Michael W. Sciacchetano
    Randal A. Gomez, Pledgor         Michael W. Sciacchetano

    9/27/2000                        9/27/2000

<PAGE>
EXTENSION OF PROMISSORY NOTE

American Fidelity
10854 Dardale Avenue
Baton Rouge, Louisiana 70821

Mike Sciacchetano
Shadows Bend Development, Inc.
17050 Medical Center Drive
Suite 314
Baton Rouge, Louisiana 70816

RE:  Extension of Promissory Note Dated 10/31/2000

As per our conversation, I, Randal Gomez hereby do agree to extend the
original promissory note for $150,000.00 dated 4/15/2000 until January 01,
2003.

/s/ Randal Gomez              /s/ Michael Sciacchetano
    Randal Gomez, Pledgor         Michael Sciacchetano, President

    11/01/2000                    11/01/2000<PAGE>
EXHIBIT 10.2
EXCHANGE OF SHARES                      UNITED STATES OF AMERICA

     BETWEEN                            STATE OF LOUISIANA

SHADOWS BEND DEVELOPMENT, INC, AS       PARISH OF EAST BATON
     "PURCHASER"                        ROUGE

     AND

PALISADE PROPERTIES, INC.,
THOMAS H. NORMILE and
CAPITAL RESOURCE HOLDING L.L.C., AS
     "SELLERS"

     BE IT KNOWN, that on the date stated hereinafter, before the undersigned
Notary Public, duly commissioned and qualified in and for the State of
Louisiana, therein residing, and in the presence of the witnesses hereinafter
named and undersigned:

     PERSONALLY COME AND APPEARED

     SHADOWS BEND DEVELOPMENT, INC., 200 Lafayette Street, Suite 750, Baton
Rouge, Louisiana 70804, as Purchaser, hereinafter sometimes referred to as
"Shadows Bend", is a private company, herein represented by Michael W.
Sciacchetano, authorized by the Board of Directors as per the attached
corporate resolution.  SHADOWS BEND DEVELOPMENT, INC. is a Louisiana
corporation organized on January 28, 2000, with 50,000,000 authorized shares
of capital stock, all of which is designated common stock having no par value.

                                           AND

     PALISADE PROPERTIES, INC., 6989 Menlo Drive, Baton Rouge, Louisiana
70808, as Seller, herein represented by Leonard LaPlace, duly authorized by
the Board of Directors.  PALISADE PROPERTIES, INC. is a Louisiana corporation
domiciled in East Baton Rouge Parish, Louisiana;

     THOMAS H. NORMILE, a resident of East Baton Rouge Parish, Louisiana with
a mailing address of 224 Woodstone St., Baton Rouge, Louisiana 70808, as
Seller; and

     CAPITAL RESOURCE HOLDING, L.L.C. a Louisiana Limited Liability Company,
with a mailing address of 8738 Quarters Lake Road, Baton Rouge, Louisiana,
70809, herein represented by Byron Bienvenu, managing member, as Seller.

PALISADE PROPERTIES, INC., THOMAS H. NORMILE and CAPITAL RESOURCE HOLDING,
L.L.C., own 100% of the member shares of DIAMOND HOLDING, L.L.C., 8224 Summa
Ave. St., Baton Rouge, LA 70809.  DIAMOND HOLDING, L.L.C. is a Limited Liability
 Company organized under the laws of the State of Louisiana on June 28, 2000
with 4,200,000 authorized and outstanding member shares.  The member shares
are owned as follows:

     PALISADE PROPERTIES, INC.          3,528,000 Member shares
     THOMAS H. NORMILE                    420,000 Member shares
     CAPITAL RESOURCE HOLDING, L.L.C.     252,000 Member shares
          TOTAL                         4,200,000 Member shares

SHADOWS BEND DEVELOPMENT, INC. holds as treasury stock 4,200,000 shares of
capital stock, all of which is designated common stock having no par value.
SHADOWS BEND wants to acquire 100% of the member shares of DIAMOND HOLDING,
L.L.C., thereby making DIAMOND HOLDING, L.L.C. a 100% owned subsidiary of
SHADOWS BEND DEVELOPMENT, INC.

     IT IS THEREFORE AGREED:

1.     Exchange.

     PALISADE PROPERTIES, INC., THOMAS H. NORMILE, AND LEONARD LAPLACE, do
hereby exchange their 4,200,000 member shares in DIAMOND HOLDING, L.L.C. for
4,200,000 shares of the common no par value stock of SHADOWS BEND DEVELOPMENT,
INC.  The exchange will be on a 1 share for 1 share basis.  The common shares
of Purchaser delivered to Sellers shall be validly issued and fully paid.
This transaction shall be completed in accordance with the provisions of
Section 368(a)(1)(B) of the Internal Revenue Code.

2.     Receipt of shares.

     SHADOWS BEND DEVELOPMENT, INC. acknowledges receipt of the following
member certificates which are endorsed in blank on the reverse side.

     Certificate No. 1 issued by Diamond Holding, L.L.C. in the name of Thomas
H. Normile for 420,000 member shares dated June 28, 2000.

     Certificate No. 2 issued by Diamond Holding, L.L.C. in the name of
Capital Resource Holding, L.L.C. for 252,000 member shares dated June 28,
2000.

     Certificate No. 3 issued by Diamond Holding, L.L.C. in the name of
Palisade Properties, Inc. for 3,528,000 member shares dated July 21, 2000.

     THOMAS H. NORMILE acknowledges receipt of Certificate No. 3 issued by
Shadows Bend Development, Inc. for 420,000 shares of common stock, dated July
21, 2000.

     CAPITAL RESOURCE HOLDING, L.L.C. acknowledges receipt of Certificate No.
4 issued by Shadows Bend Development Inc. for 252,000 shares of common stock,
dated July 21, 2000.

     PALISADE PROPERTIES, INC. acknowledges receipt of Certificate No. 2
issued by Shadows Bend Development, Inc. for 3,528,000 shares of common stock,
dated July 21, 2000.

3.     Obligation of Sellers.

     The Sellers will indemnify and hold the Purchaser harmless from any loss
or expense which the Purchaser may sustain by reason of any claim presented
against Diamond Holding, L.L.C. within one year from the date hereof on
account of anything whatsoever initiated, existing, or occurring prior to the
date hereof.

4.     Resignation of Sellers.

     Thomas H. Normile, Capital Resource Holding, L.L.C., and Palisade
Properties, Inc. do hereby resign as members of Diamond Holding, L.L.C.

5.     Representations of Sellers.

     The Sellers hereby warrants and represents:

     The Sellers are the sole owners of and have the sole right to sell all of
the member shares of Diamond Holding, L.L.C.

6.     Representations of Purchaser.

     The Purchaser hereby warrants and represents:

     Shadow Bend Development, Inc. is a Louisiana business corporation duly
organized and existing under the laws of the State of Louisiana.

7.     Benefit.

     This agreement shall be binding upon and shall inure to the benefit of
the parties, the successors and assigns of the Purchaser and the legal
representatives and assigns of the Sellers.

8.     Specific Performance.

     Both parties have the right to demand specific performance.  The
prevailing party will be entitled to recover reasonable attorney fees and
costs.

9.     Precedent Condition To This Agreement.

     A sale of 5 acres of land from Palisade Properties, Inc. to Diamond
Holding, L.L.C. has been completed.

     THUS DONE AND PASSED, on this 21st day of July, 2000, in Baton Rouge,
Louisiana in the presence of the undersigned competent witnesses and me,
Notary.

WITNESSES:  PALISADE PROPERTIES, INC., SELLER

/s/ Chris Garrett             By /s/ Leonard LaPlace
/s/ Sharon Murphy             Leonard LaPlace

                              /s/ Thomas H. Normile
                              Thomas H. Normile, Seller

                              CAPITAL RESOURCE HOLDING, L.L.C., SELLER
                              By /s/ J. Byron Bienvenu
                              J. Byron Bienvenu, Managing Member

                              SHADOWS BEND DEVELOPMENT, INC.
                              By /s/ Michael W. Sciacchetano
                              Michael W. Sciacchetano

/s/ David H. Garrett
NOTARY PUBLIC

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