| Show r PRESIDENT APPROVES PLAN j S 'S FOR MERGER DISSOLUTION I Receivership for u Union ion Pacific Avoided Avoid I ed by y Agre Agreement ment to Dispose of Southern Pacific Stock I Washington President President Wilson on Saturday approved ed the plan formed by Attorney General and the railroad attorney for the dissolution dissolution dissolution tion of the Union Pacific m merger under un under under un- un der the Sherman trust anti law as directed di dl bythe the supreme court of the United States to avoid a J 1 ie- ie for th the great at combination This latest attempt o of the many made to dismember the combination provides for the disposition of ot the entire entire en en- entire tire of Southern Pacific stock held by the Union Pacific While no official announcement has hal been made it is understood the plan I as one step provides for the exchange of of or Southern Pacific stock for tor the Pennsylvania's holdings in the the Baltimore Ohio o. o which are approximately of or the same value The remaining of Southern Pacific Pacific Pa Pa- cHic will be disfranchised and placed In Inthe the hands of a trust com company pan as trustee and against this stock will willbe willbe be issued c certificates with no voting power to shareholders of or the Union Unton Pacific |
