The Caucasian. (Shreveport, La.) 1900-192?, 1905-04-25
CHARTER AMENDMENT
Amendments to the Charter of the Kan
sas City, Shreveport and Gulf
Railway Company

| Hallway COMPANY.
Adopted atsa meeting of the stock
holders held at the office of the COM
Ipany in the city Of Shreveport, La,
on April 7, 1905
| Resolved. That Article l of the
Charter of the Kansas City, Shreveport
and Gulf Railway Company be amended
so as to read as follows:
"The object and purposes for which
this corporation is organized and found
led, and the nature of the business to be
carried on 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 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
n1unication, 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 contract.
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 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 che 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 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 ji-
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
10 one vote, either in person or by proxy.
A failure to elect directors on the dayi
required shall not dissolve the corpora
ion. but the Board Of Directors shall
continue to hold their Office, and no
,ther election shall be held within thirty
lays thereafter and ten days prior no
ice shall be given in newspaper pub
ished in the city of Shreveport. Any
faeancy occurring in said Board of Di-
.ectors from any cause whatsoeer shall |
oe filed by election by the remaining /
directors. Four directors shall consti- !,
ute ! quorum for the transaction Ct I
business. Sud Board Of Directors atI /