Show 1 w. w Q pi P PRESIDENT I VISITOR IN CITY GITY With cars and amI engines read ready to pull pun freight the thc Western Vestern Pacific wants business according to C C. M. M Levey president president pres pres- ident of ot the company who arrived yes yes- cs Mr Levey is Is proceeding on a aI general trip of or Inspection He announces announces an an- I plans to try for tor t he the the fruit business business bus bus- iness in iii California through the acquirement acquire acquire- acquirement m ment nt of ot tho the Sacramento Northern an electric line ine and tho the Niles San San Jose Joseline Joseline Joseline line which Is Js now being completed completed He was met here b by E E. W. W Mason Maton general manager of t tho company from San SanI I Francisco The two left len last night for tor San Francisco headquarters Mr Mason brought blought with him advance ad nd vance copies of or the tho fifth annual report of or tho company for 1990 Including two taro months during which the road was under un un- der federal control Tho The report reviews the final linal settle settle- settlement ment of ot th the federal government with tho the railroad company whereby a net payment for compensation and damages dam dam- ages equivalent to was made b by the go government nt In return for tor which it received a complete release from tho the railroad company Dividends a aggregating o or r G per cent on the tho company's preferred capital stock were declared and paid from the tho surplus and n net t profits earned during the year 1920 There was was was' also declared and paid on January 7 7 1920 a dividend dividend- of ot 1 per perc percent c cent nt or from surplus and net profits of ot tho the year 1919 and bIn ble to dividends In such year thereby bringing the tot total l of dividends paid on on the preferred stock for tor tho the year car 1919 up to 4 per cent |