The Banner-Democrat. [volume] (Lake Providence, East Carroll Parish, La.) 1892-current, 1898-08-06
HnepdIpepts to Charter
OF TIE
LAKE PROVIDENCE AND WESTERN
RAILWAY COMPANY.

Amend and re-enact Article Ill, so as 10
have it read as follows:
The purpose for which this Corporation
is chartered, and business to be carried on
by it. are the construction and operation
OF q railroad and telegraph line. for the
transporting of freight and passengers, and
the sending of telegraphic messages nom
the city of Providence. in East Carroll. par
ish La, said railroad and telegraph line
running IN westerly direction, from said
city of Providence. and connecting with
the Houston Central. Arkansas a. Northern
Railroad in Morehouse parish, ard extend
ing thence westerly to the city OF Shreye-
port. La, or southwesterly 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-
ly extension may .intersect; said railroad
and telegraph lines also running from a
point Rear the Arkansas State line. in the
parish of W eat carroll. In a southeriy di-
rection, aud intersecting with the Yicks-
burg. Shreveport a Pacific Railroad, in the
parish of Riohland, and extending thence
in southerly directiol to the city Of New
Orleans, ia the State OF Louisiana, and con-
Meeting with any road or roads that such
southern extension may 1nt5rsect. 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 a railroad
and telegraph system between said points.
and the Operation Of same after completion.
10 transporting for the public. all passeng-
ers and freight, and sending Geographic
messages; also for the construction aud
operation of a telephone, electric light and
power sygtems. and water. work systems
along the line of said road, and the opera
ton of an express business over said road.
provided that the Board OF Directors shall
have power to refrain from conducting any
kind Of business mentioned in this Article,
should they deem it advisable.
Amend and re-enact Article Nv, SO as TO
have it read as follows:
The capital stock Of the Corporation
shall he Ten Million Dollars, divided into
one hundred Thousand shares of One
Hundred Dollars each, same to be nom
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
ganizasion and transaction OF business
shall Dcten. aud Dis soon as that number ol
shares shall have been subscribed. and Hfty
per centum paid thereon, the corporation
shall organize and commence operations
Stock shall be evidenced by certificates
issued and sigiied by the President and
Secretary OF the Company and same shall
be transferable only on the books of the
Company. and no certificate shall be issued
for stock. until Tie same shall have been
paid for. No transfer of stock shall he
valid or binding aniess and until tie same
shall have been made. and entered on the
books of the corporation. AT least ten pea
centum shall be paid on stock wnen same
is subscribed. and the balance shall be paid
Ia not less than twelve months from the
date of subscription, in such amounts and
at such times as shall be fixed by the Board
of Directors.
Amend Article v, so as to have the first
paragraph thereof read as follows:
1.-THE cooperate powers Of the Company
shall be vested in Board of Directors to
be composed Of five stockholders, who are
the owners of not less than two shares oil
fully paid up stock
In all'other respects. said Article V to re-
main as originally passed.
Lake Providence. La.
J. Edward j. Hamley. Secretary and
Treasurer OF The Lake Providence a West
ern Railway Company. hereby certify that
the foregoing amendments to Articles Ill.
" and v OF the charter of said Company
were adopted alta general meeting OF the
Stockholders convened for that purpose on
June 9th, 1898. strictly Id accordance with
Artile TX of the charter, all OF the stock
holders of the Company being present at
said meeting and said amendments being
unanimously adopted.
In witness whereof, afix my official sig
nature and seal hereto this 27th day OF
June. 1898. e. j. HAMLEY.
Secretary and Treasurer.
/. d. w. Gilmour, Deputy Clerk and Ex-
officio Deputy Recorder for East Carroll
parish. Louisiana, hereby certify that the
foregoing is correct copy of the amend
ments to the charter of The Lake Provi-
dence q " estein Railway Company on file
In my office. and duly recorded in Mort
gage Book s.Z'' on page 1873, under date OF
June %, 1898.
In witness whereof, afiix my official
signature and seal at my Office In Lake
ProVicence, Louisiana, THIS 18th Gay OF
June. 1868. ID. ". GILMOUR,
Deputy Clerk and ex-ofIicio by. Recorder.
Lake Providence. La. July 2, 1Se8.-dt.