The Caucasian. (Shreveport, La.) 1900-192?, 1905-05-11
'Ir\A~. with branch from sad

other h''n' h i'm, aud extern, "n~ Il, the
I;:,,'I - i'u',''1~ rt ~,ll company may
deem ",'>,Alv tr the ttanSpr1 tAtIpn
# h'1Hht ~ p,', ..ug"r> that the con
I'm, IT Telegraph. telephone. or other
1'l' Az ~ commune 'l''n. aud t" make
lu>',rhlngt able t1lt ,Atc~ for com
rn'rn'rAl'rn. per ~','> and property over
H. l,' and r'''ur't 1ru~. and 10 receive
trl ~1t II me ,AG,r. communications and
transportation such toll aud charges a.
hrrr~. To- obtain aud receive hv grant.
I,,rch1,,, s,f, or I"uur~l both real and
per ~rnAl property. aud iul the pur
'h,v # Land. supplies. material, rolling
t"rl. 81 the payment Of Labor. contracts
lnI work , H. issue stock certificates W
bond, ~ payment ,l,r,,nf aud 1T e,,ci,
| rl,t,1'.n ~. \. may be- agreed upon aud
ut .},,u t|r director IF 1l,,> ,,1l,,iAt,,u
and the Owner Of land material. sup
I,I,,. ,"lI,ug t"vk. and the lal"r> Of
Govt, ,t", rf work to ,rrcp, or rr
,,lvt from any State. county or PARISH.
i, t1I'I. town. village q, person. any
r'Hh. 1u1v1I' - or franchises winch the
,Au,r nlay offer irr the construction.
mnlnt'Un'lrr. management OF use ct ITS
transportation lines. their dcp"tN,
Il
the general business which the same may
rhun~r to grant, release to or otherwise
confer TO give; to borrow money or 10
purchase or lease property on its own
rr',llt t", the purpose ct constructing.
maintaining and operating a line of
transportation aud telegraph. and as cvi
I,u,c rf Indebtedness Of this corporation
for such loans Of the purchase or lease
at ~l,I property. to issue its corporate
bonds, or pr"n'~,"ry notes. bearing III
tcrc~t aud made payable either in the
nltcI States currency or gold coin. and
Ut such time and place as may be deemed
advantageous bv the directors and for
securing the payment ,f 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 v'se'l t" adopt the follow
ing resolution. modifying Article " Of
the Charter Of the company:
"Ihc corporate powers Of said cor
poratirn shall he exercised by and vested
III 4 Board of Directors composed of
seven stockholders. Said directors shall
be elected annually on Friday after the
first Thursday Of April of cacl, year. or
>ucl, other day as the stockholders at a
regular meeting may fix. and all such
elections shall be by ballot and conduct
cd at The office Of said corporation. Of
which election thirty days prior notice
shall he given in newspaper published
IN the city of Shreveport And the III
rcctnrS thus elected shall serve until
their successors shall have been elected
\ majority Of the votes cast shall eject.
and each share of stock shall be entitled
to one vote. either in person or by proxy
4 failure to elect directors on the day
required shall not dissolve the corpora
tion but the Board Of Directors shall
continue to hold their office. and no
Il I,.11 T., i,,1j ~
days thereafter and ten days prior no
tlcc shall be given in a newspaper pub
Ishcd in the city Of Shreveport. Any
vacancy occurring i'll SAID Board of Dl
r,rl.''r from any cause what soccer shall
hr filled bv election by the remaining
directors Four directors shall cmsti
tutc 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 prcsi |
dent and vice president; ais" a secretary |
and treasurer, AMI shall appoint from
time to time such officers, clerks, agents |
and confer power to APPOINT same on
any proper officer. and such other en-
pluycs that may be deemed necessary for
the business and purpose of sad cor
puratiun, and dismiss the same at plcas-I
,1rc and shall have full power to make
and establish. as well as change or
amend or alter conf"rnably to this act
of Incorporation, all by laws, rules and
regulations deemed requisite for they
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 prlrtcnant 70 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