Salt Lake Telegram | 1938-11-07 | Page 19 | Chesapeake Slates Erie Stock Auction

I CHESAPEAKE SLATES ERIE STOCK AUCTION CLEVELAND UP R Chesapeake Nov 7 I peake corporation middle middle- holding company of the former Van ingen ngen rail rai system notified stockholders stockholders stock- stock holders Monday of a proposed plan planor for or liquidation and arid announced it would sell sel at public auction in New NewYork NewYork NewYork York on November 29 its entire entre holdings of Erie railroad common Directors approved the dissolution ion tion ton plan last lat week Its Is ratification at a special stockholders stockholders' meeting November 28 in Baltimore is regarded regarded regarded re re- re- re as a a e formality The shares of Erie common common cornmon com corn mon which Chesapeake corporation will wi sell this month cost it Since then Erie went into reorganization and its it indicated value ased on n October 31 New York Stock Stok exchange quotations is