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Show LIGQTinG COMPAHIES . PLAN C0HS0L1DATI0N : f!AN FANCISCO, Bept I nepresenta-; nepresenta-; tive of the San Francisco Oas and Elec-,' Elec-,' trie company and the California Oas and I Electric company have agreed upon the ! terms for a deal. This involves the pur-' I chase, by h syndicate, of the stock of the ' first named corporation at 190 a share! The last named corporation accepts pre-I pre-I ferred stock in a corporation yet to be formed as payment for its present stock. This is preliminary to the Joint operation ; of both companies' properties by a pur-; pur-; chasing syndicate of California and East- era capitalists. |