Deseret Evening News | 1906-08-18 | Page 2 | Statement Issued

STATEMENT ISSUED OMni of III if T t P 1 I nuit S I lIhi Ihl i l New fW York Aug Au U ILA A statement was wa al I taut from the executive ok oUces of the th tb I Inton PacIfic Railroad company today toy giving the tb details of the manner In la whIch the Ut Union and An Sut Southern Pacific dividends were ere fre declared and made pub rub public lie lic III The Tb statement follows The Tt bIS of ot directors tnt of o the Union I Pad Ac and ad Southern lIc met mt Wed Wednesday f and lId authorised action aln upon divi dividends 41 by b the th executive tv committees committee tu The Th Tl committees however did di not at meet a un until UI Ill til II S Z p m Tn on Ol Thursday Thala and final Anal no notice n tice tiie li or of the t declaration of ol the tM dividends S were tM delivered to the te secretary of the tie th stork stock before W 10 I a m at Fl 1 Mr Kr the tl lb assistant secretary of ot o othe I the th Union Pacific Ia naM II to In I addition that L there had bad len been criticism of ot the action aion S Sf of o f the th committee In ID not nt announcing the th S dividend action tl alter their meetings Il un WI 01 Thursday He na saM said II that tt this th hI would woul hae h bat given an a 51 advantage lo to the London stork stock tIk market by b giving it 1 to tn the tbt first 11 ben of the news aM that tat It o an I wat wai con considered cn fair lair to save aye thU thle Ih advantage 11 for lor forthe the thu New Ne w York Tor stock tOI by b with withholding wt withholding day d holding lol ln morning thin I II announcement until Fri Friday P