Amends Its Articles. LOUISVILLE. Ky., July 23. Amended Amend-ed articles of incorporation were filed today bj tho Southern Pacific company in accordance with the action taken at the recent meeting o.f the stockholders at Beaumont. The articles state that William D. Cornish, the vice-president of the corporation (the president being absent from the United States) and the directors have authorized the Increase of the capital stock by 540,000.000 In 400-000 400-000 shares of stock nt the par value of $100 a share. The stock so Issued ft stated to be preferred stock, tho holders of which are entitled to annual dividends divi-dends not to exceed 7 per cent, in the event of dissolution the holders of this preferred stock shall have the right- to have their shares redeemed at par value bcfe any distribution of assets Is made. The signers re vice-president Cor nish and the follvwiru; directors: Wins-low Wins-low S. Pierce. Maxwell H. Schlff. D. O. Mills. James Speyer, Charles H. Tweed, H, E. Huntington and A. IC. Vande-venter Vande-venter The decision was readied at the annual an-nual meeting to Issue $100,000,000 of additional ad-ditional capital stock, but the manner of issuance is left with the directors who, by a resolution, dectded to issue only SlO.OOtf.OOO now. and the remaining ?CO,000,000 as the directors see fit. ,