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for or against any resolution or proposed action which required
shareholders' consent. The voting trustee had the right to amend
the certificate of incorporation and to mortgage or pledge all or
part of the property of OVS. The voting trustee had no authority
to change the terms of his employment contract, to sell, pledge,
hypothecate, mortgage or place a lien or charge on the stock, to
sell all or substantially all the assets of OVS, or take any
action to dissolve, consolidate, merge, reorganize or
recapitalize OVS.
4. Riverfront Stadium
Cincinnati was required to build a new stadium before the
NFL would award a franchise to that city. This new stadium,
Riverfront Stadium, opened for the 1970 season and has served as
the stadium for the Bengals and the Cincinnati Reds baseball team
until the time of trial. Riverfront Stadium is one of the
smallest stadia in the NFL. During the overlap of the baseball
and football seasons, it seats about 55,000. After the baseball
season, it seats about 60,000. Riverfront Stadium does not have
skyboxes or luxury boxes.
5. Formation of the Cincinnati Bengals, Inc.
On December 14, 1967, OVS changed its name to the Cincinnati
Bengals, Inc. Sawyer was president of the Bengals from 1967 to
1994. Paul Brown was vice president, general manager, and chief
operating officer of the Bengals from 1967 until he died in 1991.
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Last modified: May 25, 2011