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EXHIBIT 3(iii).1
AMENDMENT
TO THE
BY-LAWS OF
THE GAMBLER NETWORK.COM, INC.
Pursuant to the provisions of the Nevada Business Corporations Act, THE
GAMBLER NETWORK.COM, INC. (the "Corporation") adopts the following Amendment to
the By-Laws:
1. Article II of the By-Laws is amended to add Paragraph 8 as follows:
8. LIABILITY AND INDEMNIFICATION OF DIRECTORS AND OFFICERS
To the fullest extent permitted by law, no director or officer of
the Corporation shall be personally liable to the Corporation or its
shareholders for damages for breach of any duty owed to the
Corporation or its shareholders. In addition, the Corporation shall
have the power, in its By-Laws or in any resolution of its
shareholders or directors, to undertake to indemnity the officers
and directors of this Corporation against any contingency or peril
as may be determined to be in the best interests of this
Corporation, and in conjunction therewith, to procure, at this
corporation's expense, policies of insurance.
2. The Amendment was duly adopted by unanimous written consent of the
directors of the Corporation on June 1, 2000 and by the shareholders
owning a majority of the outstanding voting stock of the corporation
and such majority of votes was sufficient approval.
5. The effective date of this Amendment is June 1, 2000.
Dated: June 1, 2000
/s/ PETER SZECSODI
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Peter Szecsodi, President
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ACTION BY SHAREHOLDERS
WITHOUT A MEETING OF
THE GAMBLER NETWORK.COM, INC.
(A NEVADA CORPORATION)
On this 1st day of June 2000, the Shareholders whose signatures appear
below, have consented to the action and resolution contained herein, such action
being taken pursuant to the authority provided by the Nevada Business
Corporations Act. As of this date, the Corporation has issued and outstanding a
total of 10,000,000 shares of fully paid, non-assessable common stock. The
undersigned Shareholders represent 8,169,000 shares of the total issued and
outstanding shares or 81.7%.
BE IT RESOLVED, that
1. Article II of the By-Laws is amended to add Paragraph 8 as follows:
8. LIABILITY AND INDEMNIFICATION OF DIRECTORS AND OFFICER
To the fullest extent permitted by law, no director or officer of the
Corporation shall be personally liable to the Corporation or its
shareholders for damages for breach of any duty owed to the
Corporation or its shareholders. In addition, the Corporation shall
have the power, in its By-Laws or in any resolution of its
shareholders or directors, to undertake to indemnify the officers and
directors of this Corporation against any contingency or peril as may
be determined to be in the best interests of this Corporation, and in
conjunction therewith, to procure, at this corporation's expense,
policies of insurance.
The undersigned by their signatures below, hereby consent to this action
without notice and without a meeting, and adopt the foregoing Resolution.
/s/ PETER SZECSODI /s/ MICHAEL BOND
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Evermore Publishing Inc. Beach Play Inc.
Peter Szecsodi, President Michael Bond, President
Shares Represented 5,500,000 or 55.0% Shares Represented 2,669,000 or 26.7%
