The Caucasian. (Shreveport, La.) 1900-192?, 1905-06-13

chase If land, supplies, material, rolling
lrvk, OF the payment IF l,hpr, contract
md works, to issue stock certificates nI
bonds III payment thereof, and at such
valuations is may be agreed upon and
between til, directors Of this corporation
and the owner Of land, material, sup
plies. rolling stock, and the labors Of
contractors Of work; to accept or re.
crivc from any State, c"uGS or parish,
district, town, village or person, any
right, privileges or franchises winch the
same may offer for the construction,
maintenance, management or use of IT.
transportation lines. their drpots,
whnrveS, shops, cars, locomotives, and
the general business which the same may
choose to grant, release to or otherwise
confer to give; to borrow money or t.
purchase or lease property on us own
cre,li, for the purpose OF constructing.
maintaining and operating line Of
transportation and telegraph, and as cvi
dvncr OF Indebtedness Of This corporation
| for such loans OF the purchase or lease
| of SAID property, to issue ITS Corporate
bonds, or promissory notes, hearing i'll
terest and made payable either in the
United States currency or gold coin. and
| ut such time and place as may be deemed
advantageous by the directors and for
securing the payment of said bonds and
notes. to mortgage and pledge it's rail
roads, capital stock, company buildings.
corporate franchise. real or personal
property, or any portion Of the same"
Upon motion duly made, seconded and
passed. it was voted to adopt the follow
ing resolution, modifying Article " Of
the Charter of the company:
"1hc corporate powers of SAID cor
poration shall be exercised by and vested
| in Board of Directors composed Of
seven stockholders. Said directors shall
be elected annually on Friday after the
| first Thursday Of April Of each year, or
such other day as the stockholders at a
regular meeting may fix, and all such
| elections shall be by ballot and conduct
| ed at the office of said corporation, Of
which election thirty days prior notice
shall be given in newspaper published
in the city Of Shreveport. And the III
rcctors thus elected shall serve until
A ma ority Of the votes cast shall elect,
| to one vote, either in person or by proxy.
a failure to elect directors on the day
and each share Of stock shall be entitled
required shall not dissolve the corpora
ton, but the Board Of Directors shall
continue to hold their Office, and no
other election shall be held within thirty
days thereafter and ten days prior no.
tice shall be given in a newspaper pub
lishcd in the city of Shreveport. Any
vacancy occurring in said Board of Dl-
rcctors from any cause whatsoecr shall
be filled by election by the remaining
directors Four directors shall consti-
tute a quorum for the transaction Of
business. Said Board Of Directors at
their first meeting in each year shall
elect one of their own number as presi
dent and vice president; also secretary
and a treasurer, and shall appoint from
time to time such officers, clerks, agents
and confer power to APPOINT same on
any proper officer, and such other en-
ployes that may be deemed necessary for
the business and purpose of said cor
poration, and dismiss the same at pleas
urc and shall have full power to make
and establish, as we'll as change or
amend or alter conformaby to this act
of incorporation, all bylaws, rules and
regulations deemed requisite for the
purpose and management of the affairs
and business of corporation, and shall
have also full power to borrow money,
execute mortgage, Issue bonds, make
contracts, make rules for declaration of
dividends, and generally to do all things
and act in all matters purtenant to the
objects and purposes of this corporation.
as also to issue and deliver full paid
shares Of its stock or the bond or obi
cations of this corporation in payment
for labor done, or money Or rights, in
property actually received. But any rule
or bylaws is subject to repeal or nodi
hcation or change by the holders Of a
majority Of the stock at any meeting of
the company
State Of Louisiana, Parish of Caddo:
Personally came and appeared J. D. Will
kinson, who being by me duly sworn,
deposes and says that he is the secretary
of the above and foregoing Kansas
City, Shreveport and Gulf Railway Com
pany, and that the above and foregoing
constitutes true and correct copy Of |
Articles | and " of the Charter of the
said company as amended and adopted
by the stockholders Of said company at
their meeting held in the city of Shrevc-
port, on April 7, 1905, and that said
amendments were adopted by said stock
holders by the unanimous vote thereof