The herald., 1921-06-02
CHARTER.

acquire by purchase, lease or construction
and to own and operate one or more are
mas for the conduct of boxing and spar
ring matches and exhibitions under the
provisions of Act No. 1913 of Louisiana
Legislature of the year 1920 and TO CON
duct such other athletic contests, games.
sports and theatrical exhibitions. etc
winch may from time to time he desired .
to lease, let and hire the said arena or
arenas to other clubs, associations cor
porations or individuals engaged in a like
business and generally to do any and all
acts and things that may be necessary.
convenient or incidental to the carving
out of said purposes.
ARTICLE IV.-The capital stock of this
corporation Is hereby fixed at Forty Thou.
sand Dollars (S40OO0.OO) divided into and
represented by four hundred (4OO) shares
OF the par value of One Hundred DoIIar rs
CSlOOOO) per share with the right 10 in
crease the said capital stock to not more
man One Hundred Thousand Dollars (slOO,
OVo.VoJ upon complying with the requisites
The subscriptions set opposite the sig
natures OF the subscribers of this charter
snow that fifty per cent (5OG5) of the
sdid authorized capital stock has been
subscribed; and the said subscribers here
oy declare and warrant that fifty percent
(1Ofo of the said subscribed amount of
the said capital stock has been paid into
the treasury of this corporation i'm cash
before the signing of this charter. No
stockholder shall sell his stock without
first having offered same at rho sane
Inquire TO another stakeholder
ARTICLE y.-The business and affairs
OF this corporation shall be managed and
conducted by a Board of Directors con
sistlng of three stockholders NJ. Bind.
SchaGier OF New Orleans Louisiana, f.
w. Edwards of New Orleans Iouisiana
and j. l.. Goree of Houston. Texas shall
constitute the first Board of Directors.
VINO shall hold office until the first Mon
day IN June, 1922, or until their success
sorS snail have been duly executed and
quanfled. On the first Monday of lime
iS22, and annually thereafter, an election
Ior the directors shall be held at the Of
nee or the corporation in the City of New
orleahs, AFTER notice shall have been given
70 edch stockholder, mailed at least ten
lIO) days prior thereto. At all the cleo
lions, the stockholders shall be allowed
one vote for each share of stock which
shall have been standing in his name on
the books of this corporation for ten IO)
days prior TO the meeting. In case of a
vacancy from any cause in either the
Board of Directors or among the officers
the vacancy shall be filled by the remain
Ing Directors by the selection of a stock
holder to fill such vacancy. who shall
hold office until a successor is elected or
until the next annual meeting. Two (2)
members of the Board shall constitute
quorum for the transaction of all bust
ness.
ARTICLE vI.-The officers of this cor
poration shall consist of a President,
Vice President. Secretary and a Treas
urer. The offices of President and Treas
urer may be held by the same individual
Until the first Monday in June, 1922, OF
until their successors shall have been du-
ly elected and qualified, NJ Bindschadler.
shall be President and Treasurer +. w.
Edwards, shall be vice-President and Man
ager and j. l.. Goree. shall be Secretary
On the first Monday Of June, 1922, imme-
diately after the stockholders meeting.
and annually thereafter. the Board of Di-
rectors elected at such annual meeting
shall select from their own number the
officers above, provided except that the
Secretary may be chosen from the stock
holders.
ARTICLE VII-This act of incorpora-
ton may be amended in all particulars as
provided by law; or the corporation may
be dissolved upon complying with the pro-
visions OF the statute on the said subject
In the event of voluntary liquidation,
the stockholders shall elect from their
NUMBER, two liquidators who shall be
vested with full power to settle its affairs
collect the outstanding debts, sell and
convey the property, pay it's debts and
divide the remaining money and property
among the stockholders.
ARTICLE VIII.-No stakeholder shall
De liable for the contracts or faults of this
corporation, or of its officers and agents
beyond any unpaid balance that may be
due by him on his stock subscription; nor
shall any mere informality in this act have
the effect of rendering this charter void,
or OF exposing the stockholders to liabil-
ity beyond that represented by their stock
Thus done and passed, in my office at
New Orleans. Louisiana, on the day and
date hereinabove first written, in presence
OF p. NJ. Quaye and W. 3. Guion, COM
petent witnesses who hereunto subscribe
their names with said appearers and me,
Notary, after due reading of the whole.
Original signed) f. W. Edwards. 90
shares; j. L. Goree, share; By NJ Bind
schadler, NJ. Bindschadler, 100 shares; j
L. M. Quave, w. b. Guion.
ALEXIS BRIAN,
Notary Public
1 hereby certify that the foregoing act of
of the Coliseum, Incorpor-
ated, was this day recorded in the Mort
gage Office of the Parish of Orleans, in
Book 1858, Folio =.
New Orleans, Louisiana, May Goth, 1921
(Signed): ROBERT SCOTT
Deputy Recorder of Mortgages
A true copy of the original
New Orleans, May 26, 1871.
ALEXIS BRIAN,
Notary Public.
June July