PLAN DISS OF U P DIRECTORS is OF THE asue ISSUE STATEMENT TWO ro AFT PRO CONFERE conference tICE attorney general will not plan which opp will now be laid al B foro fore federal court where action wag was originally taken now new vork penns for the lion of the union pacific railroad diso u PAVY und and the southern co pany AS to decreed by the coo com united rac court offie lally were anagan cod in detail ThurE div night after protracted session of th the e director directors ol 01 the tw two 0 companies the ferine terms said in a ment issued jointly irel bj by tho the roads to havo have the up ot of jhb th department of justice at and the agreement no now awalt awaits con of the court in the federal district A where here the action was origin il ly talen taken and by the railroad cornal corn nl slon of the state of california 11 la accor accordance danco with recent intimation intimations the severance Bovo ranco of union pacific and southern pacific results in union pacific t absolute Pur purchase clince of central pacific which has been the bone of contention bet between en the to two principal roads of the harrigar Harr Har lmar rimar system tho the agreement also provides forth sale ot of all fill the southern staci held by union pacific lc at 98 par cent with accrued dividend to the block holders common und and preferred of the union and Sout southern aern pacific other than the tho union pacific and krepa short line it is understood that a syndicate has alx lx been en formed under the leadership of kulin kuhn loeb co and their for or agn connections to finance the se 1 of union holdings of south ern pacific amounting to