Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-11-29
CAPITAL STOCK
SOUTHERN MAY
BE INCREASED
Important Meeting of Stock
holders of Interurban Com
pany to Be Held.
BOND ISSUE ALSO TALKED
ACCESSIBILITY Of Operating Line Into
Business District Of Rock Island
TO Be Discussed.

| The meeting of stockholders of the
Rock Island Southern Railway com
pany, which was TO have been held
| this afternoon al > o'clock at the TWEEN
tieth street Office of the company, for
I the purpose of considering increasing
( the capital stock to $4,000. 900 did not
materialize. The session was post
poned for one week. owing TO the in
ability OF z. c. Walsh and c. H. Walsh
20 be present.
Plans for the purchase and consoli-
dalton of the Alexis and the Aledo
lines and the amendment of the char
ter 10 operate a railway through both
OF the towns mentioned viii also be
considered. The advisabili-y of the
construc ton of a line into the bust
ness district OF Rock Island will be
discussed as well. The company is
anxious 10 get an uptown terminal.
Object of Session.
The various projects to be taken up
at the approaching meeting according
TO the official call follow:
To increase the capital stock of said
corporation. and the amount to which
it is proposed to increase said capital
stock is S3.55O.OOO.
To amend the charter of said COM
pany so as TO authorize said increase
OF capital stock; TO increase such part
thereof into preferred stock. with
such terms. conditions. preferences,
rate of interes'. etc, as said stock
holders may deem best. II is proposed
that 81 .O5O, 900 be preferred per cent
cumulative stock in shares of 500
each and S2.5OO,000 be common stock.
To complete the purchase of, or
consolidation of the Aledo line and
the Alexis line with the line of said
Rock Island Southern Railway COM [.
pany. and for the completion of ar
engagements for making payment fer
such Aledo line and Alexis line; and 1
for amending the charter to permit /
this company to operate its railway /
into and through A:edo and Alexis and /
to such other places as said stock
holders may wish.
To ratify and approve the execution
of $500 900 bonds and the trust deed
and the amendment thereof securing
the same. and the issuance by said
and certification and deliv-
cry by said trustee of S2,2s2, 900 prior
TO date thereof.
To authorize sale of any or all of
said bonds: TO authorize note issues:
and adopt plans and take such action
as may be deemed advisable for finan-
cling said company.
To ratify and approve the change OF
name to Rock Island Southern Railway
company: the enlargement of powers:
IN former increase of capital stock 70
81 800. 600: the construction of said
system and ali other matters
IN connection Herewith. and operation
Al financing thereof, and all proceed
ngs and actions OF those who have
been. or acted as officers and directors =,
" said company.
To consider and act on any and all
matters which pertain TO said COM
,any and its affairs.
To consider the ACCESSIBILITY OF pur-
,hasing the property OF the Rock Is
and Southern Railway company or OF 5
Herewith or purchasing b
ne corporation stock thereof or any I,
( its bonds. or of leasing said railroad r
or 90 years and to authorize and an N
rove the doing of any and all of such +
iipgs. D
To consider and authorize. It deemed
dvisable. a new bond issue OF not ex- "
eeding $50. 200; and if a new bond h
isue Is authorized. then TO authorize A
n increase in the capital stock 70 not u
xceeding S20.OOO.0OO. in
To con slider and authorize. II deemed e
iyisable. the construction of a line Il
a. hn Of y
ny railroad for any part of such dis Y
nee and also the purchase OF any ex- d
,nsion for such line. d