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Show T!S5 -WILLS r SURRENDER Rumor That Northern Se-. Se-. curities Company Will Dissolve. NEW YORK, June 13. It Is stated by the. New York American that the Northern North-ern Securities company will be voluntarily volun-tarily dissolved and that the stocks of the Northern Pacific and Great Northern Railroad companies will be distributed among the shareholders. In this manner man-ner the properties mentioned will be returned re-turned to their former owners. Officials of the company refuse either to confirm or deny the statement It is said, however, that the appeal now pending In the United States Supreme court will be carried to its conclusion, so as to establish the legal status of such companies by the court of last resort The Northern Securities company was Incorporated in 1901 with a capital of $400,000,000. Its formation was the outcome out-come of a struggle for control of the Northern Pacific, which precipitated the stock market panic of May 9, 1901. . |