The Caucasian. (Shreveport, La.) 1900-192?, 1905-05-16

means Of communication and to max,
interchangeable traffic rates for com
nunlcatlon, persons and property over
its lines and connections; and to receive
| for such messages, communications anC
| transportation such toll and charges a:
may be established by the authorized of
ficers; to obtain and receive by grant
purchase, gift or bequest both real anC
personal property; and for the pur-
chase of land, supplies, material, rolling
| stock, or the payment of labor, contracts
and works, to issue stock certificates or
bonds in payment thereof, and at such
valuations as may be agreed upon and
between the 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-
ceive from any State, county or parish,
district, town, village or person, any
right, privileges or franchises which the
same may offer for the construction,
maintenance, management or use of its
transportation lines, their depots,
wharves, 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 to
purchase or lease property on its own
credit for the purpose of constructing,
maintaining and operating line of
transportation and telegraph, and as evi
dence of Indebtedness of this corporation
for such loans of the purchase or lease
of said property to issue its corporate
bonds, or promissory notes, bearing in
tercst and made payable either in the
United States currency Or gold coin, and
at 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 its 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:
1.-The corporate powers of said cor
poration shall be exercised by and vested
in a 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
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 ii
rectors thus elected shall serve until
their successors shall have been elected.
A majority Of the votes cast shall elect,
and each share of stock shall be entitled
to one vote, either in person or by proxy.
A failure to elect directors on the day
required shall not dissolve the corpora
continue to hold their office, and sno
other election shall be held within thirty
days thereafter and ten days prior no.
tice shall be given in a newspaper pub
lished in the city of Shreveport. Any
vacancy occurring in said Board of Di-
rectors from any cause whatsoeer shall
be filled by election by the remaining
directors. Four directors shall consti-
tute 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 treasurer, and shall appoint from
time to time such officers, afrks, agents
and confer power to apoint same on
any proper officer, and such other en-
ployes that may be deemed necessary for
the business and purpose of said cor
poratlon, and dismiss the same at pleas
ure, and shall have full power to make
and establish, as we'll as change or
amend or alter conformably to this act
of incorporation, all bylaws, rules and
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 it's 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 modi-
fication 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,
%l,k &c ~