The Richmond Virginian. (Richmond, Va.) 1910-1920, 1913-02-07
PACIFIC RAILROADS
AGREE on PLAN To
RE0RGAN|zE LINES
Union Disposss Of Southern
Stock But Acquires Con-
troll in Central
C.&O. CHAIRMAN
Is ON DIRECTORATE.
Son Of E. Fl. Hartman Also
on New Board: Syndicate
VIII Undcrwritc Stock
for $l26,M0,O00

fANN " OAe&At Wv V.SAS& - 800
Numerous essential details OF the
plan for reorganizing the Union Pa
cific system by the separation OF the
Union Pacific from the Southern Pa
CHG. and the transfer OF General Pa
cifc from the control of Southern
Pacific To that OF Union Pacific have
been worked out. and a reorganisa-
ton plan meeting the approval Of the
attorney-gsneral. the Union Pacific
directors and the Southern PACING
directors will be laid before the
United States court In Utah this week.
In the opinion OF the attorney-Een-
eral. and OF the directors OF both
companies, tho plan conforms ubcr-
ally with both the spirit and The
letter OF the decision OF the Supreme
court dissoivtng the Union Pacific
system, and IL liz believed that no OBJ
l lection will be raised to II by any
of the parties In interest
Union Pacifis tisposes Of It's $780,
00O,0o0 Southern Pacific stock. but
acquires from the Southern Pacific
control OF this Central Pacific with
tts t.5e1 mikes OF track. and thus. A.
pointed out by the United States Gu
preme court, there h fulfilled the orig
inal intention OF congress when the
IehtIai RACINE ana Union racinc
coMpanles MeTe cnAIeee0. sna1 "
LneIs ne punt ana opesA.eo as one
con NJ t.o nne railrcaa lIoM ane MS rs
Pacific coast.
Leases Central Line.
One Of the features Of the reorgan-
1A, W plan = tina. unaon raeinc Ieas-
es 70 Soutnern Eacanc portaon OF
ne .enuai r.ssk IanG Iane no. ease en-
tiai 70 me lninn sFacinc ether .or
n.sehsFAhcs sto 81 ErAnctscos ct Tor
= Anc noTkn Ifom dan FrancSsco 70
49, na1 sspn ~ 49, Is -
~. ess ~ ID s.. sss. $3.50.
$3.50 "a III 80 un, w.
n11 " s a 80 80. . !. III ~
~. s 80 m 80 80 naes Goui4 not aeyAty
~ ..osG e. us - M cLISnt = Hsspaul
~ - . Sousnsn nc wInout oeins
I,,a..ss 80. lun a s- $.
ths hnard ~ shs rnn,,,a.n n ca,sr a, ~
.s1 soaiu ~ - Wy Sosh = AClnes us
sss ss = u0 safe u .nc Son "a
saas 500 ~ IL s Sou.nen aCanc
- ns oPiHinn. Aho That
" .ns o.nces OF me ooulnern "a
49,. I'm py, ans nc. eaInIns capa-
s,. 2. lne souInern racine y not
.asts .o De deereaseo as result OF
tinr T. rrsas,v ssr.rs.nnnnS pos'-
saom = s.eatv strenstnened by the
payen. 70 y 2! so large q sum ~
.ss M hIus.scnnIIt further said
s .na. lns pm 90 aissointion aerecd
ut.I " u.e poAIas q the southern
s.ra,,,s.s um AG.nc co.npsnIe. nan peen
$50 pan,ee appIose9 "a tnc soutn-
ca =. a s.. s1ocAnoiders protective
es's 1'a'es 1s.. -. -.
wnt,. ~. 80 go" \. 49, -
!. We sno pian y CONSIDERED fair
- ~ 49, unaon racanc ana southern
:. 1919 Nsl. ssous hoaugxA Atso protects
80. ~ ..A 1saee W 1R-
~ @ sn -. nan 49,
.,s ne $l.e,vvv,Vs01 southern Pa
80 49, 49, oAeseu Aor ale 70 the
ssosaa ao .ae9,s " me couinefn and
S,.sn. n ~ unusr WIatten oy = 1yn-
ute $4,000 oy Aunn. Loed = Co.
ao1 OF tne Union Pacihcs
=. ~ IN ~ tnG LAct thAt tne -
80 80 Arso n.s s lnlon racine and South
~ 80 1910 = n. nov complete. remark
80 r l.II tnat Ine control Of
.hsN.n rscnc VAL now % IN
~ n .sAgt Ior my aspiring tine like
sa 80 - sa as.Ano e pufohasa. H wAs
go =. ~ r.ss.. TAI no Negotiations
~ axrulnuon OF ROCK Ieiand by
trRGlHA.