OCR Text |
Show MISSOURI PACIFIC NOTES PROVIDED FOR NEW Vt IRK, June 1. The Missouri Pacific, railway was rescued from its dilliculties at the eleventh hour today when it was' officially announced that the plan to exchange $2.'. Oiin.ono of three-year 7t per cent notes expiring on this date for a like amount of one-year one-year ti per cent, notes had been declared de-clared ' 1 dcliniti ve. ' ' There was a qualifying clause to the arrangement, however, inasmuch as the final date of extension was set forward for-ward to June 3. It is understood tin" estate of Jay (lould and Rpever & C11., the road 's "bnnkers, have virtually agreed to purchase the notes of those who refused to grant an extension. |