The Banner-Democrat. [volume] (Lake Providence, East Carroll Parish, La.) 1892-current, 1898-07-30
Hmendmepts to Charter
OF TIE
LAKE PROVIDENCE AND WESTERN
RAILWAY COMPANY.

Amend and re-enact Article Ill, SO as to
have it read as follows:
The purpose for which this Cooperation
Is chartered, and business TO be carried on
by it, are the construction and operation
Ola railroad aud telegraph line, for the
transporting OF freight and passengers, and
the sending of teiegraphic messages from
the city Of Providence. in East Carroll, par
ISL. La, said railroad and telegraph line
running IN westerly direction, from said
city of Providence, and connecting with
the Houston Central. Arkansas & Northern
Railroad in Morehouse parish, ard extend
ing thence westerly to the city Of Shreye-
port, La., or southwesteriy to such point
on the boundry OF Texas. as may be deter
mined by the Board OF Directors. and con-
meeting with such railroads as said wester-
iy extension may intersect said railroad
and telegraph lines also running from a
point near the Arkansas State line, 10 the
parish of West Iarroll, in southeriy d.
rection, aud intersecting with the Vicks-
burg, Shreveport a. Pacific Railroad, in the
parish of Ri6hland, and extending thence
in a southerly direction TO the city of New
Orleans, in the State of Louisiana, and con-
Meeting with any road or roads that such
southern extension may intefsect, together
with the purchase or construction Of all
machinery, engines. cars. depots. switches.
rights-of-way. and all things usual and
necessary to perfect and complete railroad
and telegraph system between said points.
and the operation Of same after completion.
ia transporting for the public. Ell passeng-
.ers and freight, and sending Geographic
messages also for the construction and
operation of a telephone, electric light and
power systems. and water work systems
along the line Of said road, and the opera
tion OF an express business over said road,
provided that the Board Of Directors shall
[~<r
kind Of business mentioned in this Article,
should they deem it advisable.
Amend and re-enact Article ~, so as to
have 1t read as follows:
The capital stock of the Corporation
shall be Ten Million Dollars, divided into
one hundred Thousand shares of One
Hundred Dollars each, same to be non
assessable and fully paid when issued,
which stock shall be issued only for cash,
or material. or labor. for the construction.
or equipment. or operation of the systems,
as directed by the Board of Directors. The
number of shares to be subscribed for or
ganization and transaction of business
shall be ten, aud as soon as that number OF
shares shall have been subscribed, and City
per centum paid thereon, the corporation
shall organize and commence operations.
Stock shall be evidenced by certificates
issued and signed by the President and
be transferable only on the books OF the
Company. and no certificate shall he issued
for stock, until the same shall have been
paid for. No transfer of stock shall be
valid or binding unless and until the same
shall have been made. and entered on the
books OF the corporation. At least ten per
centum shall be paid on stock wnen same
is subscribed, and the balance shall be paid
in not less than twelve months from The
a. tn afS lSa n a(.
at such times Us shall be fixed by The Board
of Directors.
Amend Article v. so as to have the first
paragraph thereof read as follows:
s.The cooperate powers OF tile Company
shall be vested in 2 Board of Directors to
he composed OF five stockholders, who are
the owners OF not less than two shares of
fully paid up Stock
In all other respects, said Article VITO re-
main as originally passed.
Lake Providence. La.
j. Edward j. Hamley, Secretary and
Treasurer or The Lake Providence g. West
ern Railway Company. hereby certify that
the foregoing amendments to Articles Ill.
Nv and v of the charter of said Company
were adopted at q general meeting OF the
convened for that purpose on
June 9th. 1898. strictly in accordance with
Artiie TX of the charter. all OF the stock
holders OF the Company being present at
said ncedag and said amendments beirg
unanimously adopted.
In witness whereof. ! aiilx my Official Sig
nature and seal hereto this 18th day-of
June. 1883. f. j. HAMhEY.
Secretary aud Treasurer.
/. %. W. Gilmour. Deputy CLERK aud Eg-
ofiicio Deputy Recorder for East Carroll
parish. Louisiana. hereby certify that the
fore going Is u correct copy Of the amend
ments to The charter of The Lake ifosi-
dence u western Railway Company Oh file
In my Office. and duly recorded Ia Mort-.
gage Book ssZ'' on page lS3, under date of
June %. 1898.
III witness whereof, | afix my Official
signature and seal at my office In bake
Providence, Louisiana, taIs 2Sth day of
June, 1898. y. W. GILMOUR.
Deputy Clerk and ex-ofiicio Dy. Recorder.
Lake Providence. La. July 2. ls9s.-6t