OCR Text |
Show The U P. ami Govern incut. New York, 7. At a special meeting meet-ing of the Union Fac'fio railway directors, yesterday, thfc directors un. auiracualy, it is stated, expreeeed a wil.iuguess to aeiLle the debt due government in full. The plan proposed pro-posed is for the Union Pacific to issue r.ew bonds for the entire debt, to bear four per cent, interest with provisions for a sinking fund, and to be secured hy the existing government mortgage. It is also stated that there are io be Eeveral changes in the directory and tbat future meetings of the executive committee will be held alternately in tbii city and Boaton. |