I see that you tagged bash, but Perl would also be a good way to do this:
perl -p -e '`chmod 755 $_`' file.txt
You could also apply a regex to make sure you're getting the right files, e.g. to only process .txt files:
perl -p -e 'if(/\.txt$/) `chmod 755 $_`' file.txt
To "preview" what's happening, just replace the backticks with double quotes and prepend print
:
perl -p -e 'if(/\.txt$/) print "chmod 755 $_"' file.txt