The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-03-23
N /. NJ | | !. { !.
Of THE / I /: Law \ n
Continued From First Page:) 585s
CONTINUED From First Page.)

tsilg4 lg5
ate amounts thereof for each fraction Of
share OF stock. N ~ H iS5 y5
'.As required by the laws OF the State
of New Jersey. under which the COM
pany was created, a special meeting Of
the shareholders has been called for April
q, 1901, at the Office of the company
in Hoboken.
Units treasury after the foregoing distri-
button IS made will consist Of stocks and
other property In no way involved In the
suit. producing income, and B conserva-
lively valued at an amount In excess of
So. 954 900, to which it is proposed to reduce
the stock of the 7com pany.
Sat ALI Day Long.
he new plar was formally adopted at
a meeting of the directors. which began
sinfthe morning and lasted unit iwellRinto
Tho afternoon. There We're present
this meeting President Hill, George II.
Baker, William T. clough,S iidWard i.
Hartman, D.Willls James, Daniel s..
Lamont John s. u Kennedy. George u ".
Perkins, NJ. Terhune and one or more
other directors. III "a "a RI a.
EB Dealings In Union Pacific common on
the stock exchange aggregate over forty
per cent. of the total outstanding issue,
1T was declared in various rters that
the Fl Ill Morgan party had for some Srea-
isor deemed 1t necessary to buy heavily
Into this stock, III Va & SIS I'D NH
The belief In this rumor was b eighten-
ed + by the fact that brokers who often
represent Morgan interests on the ex-
change we're heavy buyers OF Union
Pacific all the way Up. Large amouIt Is
&of Southern Pacific shares also changed
hands and sales of Great Northern pre-
iferred. Of which the floating supply ds
very small. amount ted to 4 900 shares. iii
After tho close of the market a long
conferences. was held at tlA office Of j,
aP. Morgan and Company. Those who
attended included Mcssrs. Morgan ssHar-
r!man, Hill, Lamont. Perkns.J. p. Nor
gan, Jr., Francis Lynde Stetson. Of coun-
sci to u. p. Morgan and Company and
lox-Judge Bum, of Minnesota, Mr.. HIS
personal legal adviser.
x Afessrs. Hill and Hartman left the
apparently in the best OF spirits, Both
declined to make any statement beyond
saying that a perfect understanding had
steen reached all around Mr.. Hill denied
that there had been any differences re-
specting the dissolution plan ,sf
Morgan Seemed Pleased.
Mr. Morgan nd MS partners &naa no
comment to make but Mr., Morgan SEEM
ed pleased With the days events, ls
AT the banking house Of Kuhn, Loeb
and Company,the chief financlal ackers
OF the Hartman system of railroads.
no statement sof any sort was forthcom-
Ing, ASrepcrt that the firm had, as tla
Hartman representa- iNes, received 6 a,
substantial cash bonus for agreeing 70
fled 4 The street heard that Fl Morgan
interests would be given re presents ton
IN file Union Pacific road, in return for.
which Union Pacific interests would he
asked ia have a place IN the Northern.
i Sales Of Union Paclflc common a ggre-
gated over four hundred Thousand Rsres
q 1 a net advance Of 8 = points. South
ern Pacfic WAS traded In to the extent
OF over 1851, oi0 slla res, SEEMING m net q 3F4
Gg, PEefe ne AL WA
ierai marke OF 8 went a iii heT Wilt h he boom
siniT the Northern Secull lies Ell II q S
N. on he curb N ort llerll secnrl ties mad
"a n net gain Of eapoints ol sal es aboilt
I2sOoo sha res: z he 81 quo he'd rs IA "a
and osell AZ M ( ss3SSs