Contract (Repealed)

On the date of the signing of the contract to box for said championship, the boxers and the promoter will each post performance bonds with the commissioner or his representative in the following amounts per class: (a) $1,000.00 flyweight, bantamweight and featherweight; (b) $1,500.00 lightweight; (c) $2,000.00 welterweight and middleweight; (d) $2,500.00 light heavyweight; and (e) $5,000.00 heavyweight. The performance bonds are to insure that each of the boxers will appear and make the proper weight, and that the promoter will fulfill his obligations. In the event that a forfeit is declared the performance bonds will be distributed equally between the non-forfeiting parties.