The herald., 1921-06-09
CHARTER OF THE
COLISEUM, INCORPORATED


STATE OF LOUISIANA, PARISH OF
ORLEANS, CITY OF NEW ORLEANS,
be it known. that on this Goth day of May,
in the year one thousand, nine hundred
and twenty one, before me, Alexis Brian,
Notary Public, duly commissioned and
qualified within and for the Parish Of
Orleans, State of Louisiana. and in pres
ence of the witnesses hereinafter named
and undersigned, personally came and APP
peared the persons whose names are heEe-
unto subscribed, who declared that they
have agreed to form and do hereby form
themselves and such other persons as may
hereafter join with them, into corporation
and body polite In law, for the objects
and purposes and under the agreements
and stipuiaHons following which they
hereby adopt as their charter, to-wit:
ARTICLE 1.-The name of this corpor-
alton shall be the COLISEUM, INCOR
PORATED," and under said name 1t
shall enjoy corporate existence for ninety
nine years from date hereof, unless sooner
dissolved. Its domicile shall be in the
City of New Orleans, State of Louisiana
where all legal process against it shall
be served upon its President, or in the
absence of that officer, upon the Vice
President or in the absence of both, upon
the Secretary
ARTICLE II.-Said corporation NAY
have, hold, lease. purchase, sell, convey,
mortgage or pledge property, real, per
sOnal or mixed, rights, franchises, patents
and cheses in action and stocks, bonds
and securities of other corporations; 1t
may borrow or lend upon security; it may
sue and be sued, and may have and use
a corporate seal. 1t may have and enjoy
all such other rights, powers and pre-
negatives as are now or may hereafter
be enjoyed by corporations generally I'M
der the laws of Louisiana.
ARTICLE III-The objects and pur-
poses of this corporation is organized in
the nature of the business to be carried
on by it are hereby declared TO be to
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. 123 of Louisiana
Legislature of the year 1920. and to con-
duct such other athletic contests, games,
sports and theatrical exhibitions, etc,
which may from time to time be desired;
to lease, let and hire the said arena
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 carrying
out of said purposes.
ARTICLE Iy.-The capital stock of this
corporation is hereby fixed at Forty Thou
sand Dollars $40 OO0O O) divided into and
represented by four hundred (4O0) shares
of the par value of One Hundred Dollars
CSlOO.OO) per share with the right to in
crease the said capital stock to not more
than One Hundred Thousand Dollars $500,
Of the law,
The subscriptions set opposite the sig
natures of the subscribers of this charter
show that fifty per cent. $500 of the
said authorized capital stock has been
subscribed; and the said subscribers here
by declare and warrant that fifty percent
(5O9o) of the said subscribed amount of
the said capital stock has been paid into
the treasury of this corporation in cash
before the signing of this charter. No
stakeholder shall sell his stock without
first having offered same at the same
figure to another stakeholder.
ARTICLE V.-The business and affairs
of this corporation shall be managed and
conducted by a Board of Directors con
sisting of three stockholders. NJ. Bind
schadler of New Orleans, Louisiana, +.
w. Edwards Of New Orleans, Louisiana
and j. l.. Goree of Houston, Texas, shall
constitute the first Board of Directors,
who shall hold office until the first Mon
day in June, 1922, or until their success
sors shall have been duly executed and
qualified. On the first Monday of June.
1922, and annually thereafter, an election
for the directors shall be held at the Of
flee of the corporation in the City of New
Orleans, after notice shall have been given
to each stockholder, mailed at least ten
Q0) 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 (10)
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 successor is elected or
until the next annual meeting. Two ~
members of the Board shall constitute
a quorum for the transaction of all bust
ness.
ARTICLE vI.-The officers of this cor
poration shall consist of President, q
Vice-President a 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 or 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,
sndli erect from tnelr
number, two liquidators who shall be
vested with full power to settle it's affairs,
collect the outstanding debts, sell and
convey the property, pay its debts, and
divide the remaining money and property
among the stockholders.
ARTICLE VIII.-No stakeholder shall
be 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. Quave and W. B. Guion, COM
petent witnesses who hereuuto subscribe
their names with said appearers and me-
Notary, after due reading of the whole.
Original signed) F. W. Edwards. 90
shares; ]. L. Goree, / share; By NJ. Bind
schadler, N. Bindschadler, 100 shares;
p. NJ. Quave, w. B. -Guion.
ALEXIS BRIAN,
Notary Public
hereby certify that the foregoing act of
incorporation 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.
true copy of the original
Npw ORLEANS Nav 1oat