Show DIRECTORS OF S So P CALL I PREFERRED STOCK A New York June 8 The directors of the Southern Pacific company today I decided to call for tor the pre pm preferred preferred stock for tor retirement on July 16 U 2 for tor per share shue cash ca b Holders Holder of the f stock may mILY receive Ive therefore either 1 In cash or 20 30 in cash cah and SIM 1 In 4 Ht r 1 per cent debenture bonds bond I 1 or may elect to accept common stock of the company ny j The plan cl for tor the of not net ex cx exceeding of Uw 4 H per cent centI J 1 I convertible bonds benda The directory at t their meeting authorized authorised the leone IMoe of thO in 44 4 P per r cent bonds londs and debentures redeemable after three years at A semiannual dividend of ofa a 2 Vi per cent was waa declared on the pre pro preferred cad and a quarterly dividend of per cent rent on the t x stock |