The Caucasian., 1905-04-13
CHARTER AMENDMENT
Amendments to the Charter of Che karn
sas City. Shreveport and Gulf 7
Railway Company.

| saS City. Shreveport and Gulf
Railway Company.
Adopted at meeting of me sto&
holders held - the office of Che com
pany in the city of Shreveport Ias
on April !, 1905:
Resolved, THAT Article I Of the
Charter of the Kansas City. Shreveport
and Gulf Railway Company be amended
SO as 70 read as follows:
The object and purposes eor which
this corporation is organized and found
ed, and the nature of the business to be
carried Oh by it are declared to be the
construction, establishment, operation
and maintenance of railway from a
point on the Arkansas State line, on the
north boundary of Caddo Parish, La,
by way of Shreveport, or its vicinity, in
a southerly direction, to point at or
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-
structlon and maintenance of magnetic
line of telegraph, telephone, or other
means of communication and to make
interchangeable traffic rates for COM
municatlon, persons and property over
its lines and connections and to receive
for such messages, contradictions and
transportation such toll and charges as
may be established by the authorized Of
hcers; 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 an(:
between the directors of this corporation
and the owner of land. material, sup
plies, rolling stock. and the labors of
of work; to accept or re-
celve from any State. county or parish. |
district, town, village or person. any
right. privileges or franchises which the |
same may offer for the construction.
management or use of its |
lines, their depots. |
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 tc
purchase or lease property on its own
credit for the purpose of constructing
and operating a line of
and telegraph, and as evi-
lence of indebtedness of this corporation
tor such loans of the purchase or lease
If said property, to issue it's corporate
ponds. or promissory notes. bearing in
crest and made payable either in the
United States currency Or gold coin, and
It such time and place as may be deemed
advantageous by the directors and for
securing the payment of said bonds and
lotes, to mortgage and pledge its rail-
oads, capital stock, company buildings
corporate franchise. real or personal
or any portion of the same"
Upon motion duly made, seconded and
'assed it was voted to adopt the follow
ng resolution, modifying Article w oil
he Charter of the company:
The corporate powers of said cor
'oration shall be exercised by and vested
n Board of Directors composed Of
even stockholders. Said directors shall
'e elected annually on Friday after the
irst Thursday of April of each year, or
uch other day as the stockholders at a
egular meeting may fix, and all such
lections shall be by ballot and conduct
d at the office of said corporation, of
which election thirty days prior notice
hall be given in newspaper published
n the city of Shreveport. And the di
ectors thus elected shall serve unit
heir successors shall have been elected
majority of the votes cast shall elect.
nd each share of stock shall be entitled
0 one vote, either in person or by proxy.
\ failure to elect directors on the day
equired shall not dissolve the corpora
ion, but the Board of Directors shall
ontinue to hold their Office and nc
tfer election shall be held within thirty
lays thereafter and ten days prior no
ice shall be given in a newspaper pub
ished in the city of Shreveport. Any
acancy occurring in said Board of Di-
ectors from any cause whatsoeer shall
re filled by election by the remaining
[irectors. Four directors shall consti-
ute quorum for the transaction Of
BUSINESS. Said Board of Directors at
heir first meeting in each year shall
lect one of their own number as presi
lent and vice president also secretary
nd a treasureF and shall appoint from
ime to time such officers, clerks, agents
nd confer power to apoint same on
nv proper officer, and such other en- I;