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Show WILL RESPECT DECISION OFTHE-SUPREMEGOURi northern Securities Company Com-pany Will B: Abandoned Aban-doned as Sooa as It Is .Practicable.-, NEW TORK, March 15- "Tha Hlll-Morgan Hlll-Morgan Interests and the other large holders of the Northern Securities company com-pany will respect the Supreme court's decision In letter and In spirit," says the Journal of Commero In quoting a man said to be one of the strongest and best Informed Northern Securities stockholders In this city. "The Securities company will as soon lis practicable be abandoned," continues contin-ues the statement, "and the securities of the Great Northern and Northern Pacific companies will be exchanged baqJt for the securities originally deposited. de-posited. Plan for the distribution of the securities were completed some time ago In anticipation of an adverse decision. ; "The effect of the decision so far as (J)pP0G(i CHAETEa Aiiian) TO . HAVE FILED TH CAUAIXA B? 2fOSTHZU". $ NEW YORK, Afarch IS. A Mon- treat dispatch today gives HQ. Fogat, vice-president of the Mon- 5 treal Light and Power company, as authority for a statement that the Northern Securities company of Canada bad been granted a char- ter by the Dominion Government. that It is backed by the Hill inter- etts, and Is Intended to absorb the Northern Securities company of the United States. . tg the roads In question the Northern Pacific, the Great Northern . and the Burlington are concerned will not be important, as their absolute independence independ-ence of operation has not been disturbed. dis-turbed. The decision will merely mean the restoration of s community of ownership own-ership In the place of the more formal and more permanent form of corporate -ownership. The result of ths decision merely will be the restoration of the 'community 'com-munity of ownership In the plaie of ; the more radical plan for physical consolidation. con-solidation. It will take time to unravel the affair but probably not as long as at the outset may seem neoaasay. |