The Caucasian. (Shreveport, La.) 1900-192?, 1905-04-20
CHARTER AMENDMENT
to the Charter of the Kan.
sas City, Shreveport and Gulf
Railway Company.

!
! Railway Company.
| Adopted at a meeting of the stock
lholders held at the Office of the com
pany in the city of Shreveport, La
lon April 7, 1905:
| Resolved, That Article l of tn
|Charter of the Kansas City, S!,revepor
and Gulf Railway Company 5e amende<
so as to read as follows:
"The object and purposes for which
this corporation is organized and found
ed, and the nature of the business to b
carried on by it are declared to be tht
construction, establishment, operation
and maintenance of railway from q
point on the Arkansas State line, on th<
north boundary Of Caddo Parish, La.
by way Of Shreveport, or its vicinity, If
a southerly direction, to a point at on
near Sabine Pass, in the State of Louis
lana or Texas, with a branch from said
main line to New Orleans, and such
other branch lines and extensions as the
Board OF Directors of said company may
deem necessary for the transportation
of freight or passengers; that the con-
struction and maintenance of magnetic
line of telegraph, telephone, or other
means of communication; and to make
interchangeable traffic rates for COM
rnunication, persons and property over
its lines and connections; and to receive
for such messages, communications and
transportation such toll and charges as
may be established by the authorized Of
ficers; to obtain and receive by grant,
purchase, gift or bequest both real and
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 a line OF
transportation and telegraph, and as evil
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
terest 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 w of
the Charter of the company: ..
"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 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 a newspaper published
in the city of Shreveport. And the di-
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
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 shalt be given in a newspaper pub
1ished in the city of Shreveport. Any.
vacancy occurring in said Board of Di-
rectors from any cause ,whatsoeer shall:
be flied by election BY the remaining:
directors, -Four directors shall consti=::
tute a j. 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 secretaf ~
and a treasurer, and shalt appoint from
time to time such officers, clerks, agents
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