| Show UNITE A BIG SYSTEM I 1 all hughitt lines to be managed together SECOND vanderbilt MOVE chicago northwestern will take in under its name the present separate roads known as the euc elk hoin omaha and sioux city lines new securities to cover tho the entire system of nodily nosily miles sequence to lake shore consolidation find and link in transcontinental chicago feb 10 the post po it today sas sais the consolidation of oe the differ tilt companies hah go to make up the chicago northwestern system has bas ben been definitely decided upon 4 of df the roods roads ore are the chicago I 1 N oi th tt L estern ter n the fremont elkhorn ai alls uri valley the ChI chicago st bl paul minneapolis omaha and ane sioux city pacific together these lines embrace miles of road kor for 5 ears earn they have been operated in ili the closest harmony the connection between them has haa been almost as close cloeo fie aa it if consolidation soli dation lation had actually taken naci dap the actions of all have been directed by one head alalvin Is aiesi dent of all the com companies it Is now proposed however for financial regents rc to consolidate all late into one company and make one yet set of securities tot tor all in cerr carrying ying out the plan there biltl be an of tile the pres preset nt securities of the che s companies for those of the northwestern a largo large increase of which nil 11 ll bo be issued to meet the requirements of the dent deal the will be liberal e enough IT ough to prove prevent n t any opposition to the pla plan t 1 on the part of the security holders of the smaller propel tari their propositions will be considerably acne cited by the exchange it has not yet been fully determined w whether bother the consolidation will be carried out under one genethal plan olin 0 or r piecemeal in any general plan t that t at might inight be adopted it Is reared feared eliat jealousies might be aroused among tile the holders of necmi gities ot of the different differ evi companies all such ings might it Is thought be avoided by taking up the consolidation of the companies separately should this plan be adopted the aik voik oik 0 of f consolidation will begin with ite chicago st paul minneapolis MInnea polli omaha the stockholders of which may be asked at their next annual meeting to vote vota on a a plan prepared tor for their consideration that pait of the tha plan once out of the way inay the fremont elkhorn valley would be dealt alth in the same way and then would come the sioux city baellic the arrangements tor for the consolidation of nf the omalia omaha have cd considerably further than those of any of the other roads ATLANTIC PACIFIC LINE when the consolidation of all the roads in the prevent present system Ys ties lias been completed the plan now under consideration will hlll have been consummated sum mated the consolidations will be but tile the solidifying of one link tn in a great chain extending over tile hie entire continent from the atlantic to the ra pa calk once these consolidations are out cart of the way the flold field will it Is believed be clear for the further consolidation soli soll dation clation of oc the and the union ii systems stems the two roads tire are today practically one all affairs relating to through business are so arranged as to guard tile the interests and suit the convenience of each and the final consolidation of the two tico roads will in IT reality be more a matter of detail than the introduction of any radical chance in the relationships which now exist between them when ihen they berotte one in name as they are now lit in action the comp completion letio of f the tha W western 6 t otilit taken chain alluded to will have taken place and nothing remain hut to weld it to the eastern on end which has haa already been formed by tile the unification f the new yolk control and the luke lake shore roads tho the vanderbilt main line will ill then extend front from new york to sin san francisco it may be that hy by that time absolute ownership of the ventral aill have been secured whether it I 1 Is or not the present rights 0 of tile the union pacific covering that line are inalienable discussing fast trains chicago feb IO 10 the fast train question ri was gone over fiver again toddy by officials clods of the atchison Atch lson north buffington and rock island and at the conclusion of the meeting it iraq wo decided that the entire matter should be named to a mc meeting n ling ot of the fren beneral pral officers of th the a S roads and their action in th the e matter would be final the officers m vibo b 0 are to dispose of the altair are president but bun I 1 of the union pacific president cable of tile the rock island president ripley of tho the santa fe I 1 vice president harris of the burlington itna nd president hughlit of the North northwestern vestern no date has been set for their meeting anti and pending their discussion of the matter it la in expected that no lower idaer rates aro are to bu be made to colorado common points union pacific has haa mado ma wo we new bid new york feb 10 A member of the reorganization of the union pailig hn road today sald that th ahr company had madi made no formed formal offer tor for the t kansas pacific property excerpt except the ol 01 original bid |
