Show GOUlDS AGREE AGE TO EXTEND M. M P. P NOTES Decision Is Expected to Pave Way for Reorganization Without Receivership Now New York May ay 20 After O-Ater After numerous conferences proposals and counterproposals counterproposals counterproposal It was learned today that the estate of or Tn Jay Gould which holds about of the Missouri Pacific railway railway rail rail- wa way notes expiring June 1 I had hall virtually virtually vir vir- agreed to extend pa payment ment for another another another an an- other year rear The agreement it was said was based on certain conditions which were iere not disclosed but were of or a nature to prove acceptable to other C ers rs Bankers representing the Goulds as aswell aswell aswell well as other financiers acting for the new dominant Interests in the Missouri Pacific company compan made statements to the time effect that a very largo large majority of or the notes would bo be deposited thus averting receivership Under those these conditions friendly reorganization of or orthe the road Is probable I- I Will Tic nc Third Third Ext nio The total noto issue of ot the Missouri Pacific which falls due amounts to This will ili be the time third extension extension ex ex- tension which has Imas been granted the Missouri Pacific b by the At Atthe Atthe the time last annual meeting of ot stockholders hol ers the Gould Interests were ousted from tram control of or the s system stem and it Is t s asserted that the control of or the road now rests with Kuhn Loeb Co |