Show 1 I UNION PACIFIC VV INCREASES Directors Authorize Another Issue of Com Corn Common Common Cornmon mon at Noon Today MEETING JUST A FORMALITY the Ilic Vote VOt U t I Purely Imd a n Mailer of ot Pro re lroy I l I lOr IMIr I Or Of timi he Roan Promptly at lit noon today the board of 01 directors of or the Ihl Pacific wint Into Intoe e in tile tho of ot AV IV FI U Bancroft vice fe and nna general manager of or orthe the Oregon Short Sheri Line and Ild behind ulo elo ed td voted ter upon the matter of or orthe the time Issuance Isel of or worth of ot lr lrI common I UlmO Klock This meeting Wil sim simply Im ply tily a formality us its I the time tcp step hu ha been put up tIll p to tho th stockholders and a nd UK th thIote 11 vote was wis 1 largely done by Ii h proxy pr WhIte hiI Is l I more thou thul mosi people see ID iii 11 a it hole lifetime It no 10 10 long meetings to decide upon th Ih the ral of or such an nit al amount by b a it big and meeting did not ant take lake pay big lount of or time iliac Thu money represented by the thin stock to t bu lu win 1 1 lii e used In Imi 11 taking up imp 1 out bonds None ne of or the Ih direct directors ors the matter moler Ju jut t bo be boon fore for on the meeting and the amount V fd NI I tot for this purpose 1115 aai as not hot made nl dl pub hub public lic hi JI but bil what remal after It Is I dotu will nih II be tic used In covering the expenses which are oro nr as ns a 1 result of or ofHie hue Hie Ihl multitudinous r Improvements now under tiny nay WIY IN X ITAH c na 1111 formed in lit I July 1 I ISH 1ST to 10 0 acquire tho thia ninth main mainline line and alli brunches branches of or tho the former fainter 1 Pacific Hallway company COln The o 0 Vl 1 holIns consisted of Ot 03 miles but hit the tile new nc company 01 1 through stock owner ownership thin tho Short ship Irol Oregon l lne Aule Oregon C company running the total tip iii lP nt nit It the lime of oi the reorganization to 60 wiles miles The Th Union f I 11 Denver Denier Gulf Gait raIl mil r t road mad was wap controlled by h the former com caum company CO COan pany pait an lint separated nt at n the I he true time of or the Ihl reorganization and I cm nd became known as 1 the he Colorado t t In n 1301 1901 Pacific acquired a ii I controlling nt reMt In tile the Southern S Pacific obtain obtaining hug ing nearly OO miles of or railway and MI MInt nt steamship lines ies INCREASES IN STOCK An V the Ib company grew in 1 were AMre necessitated lc In lit 1901 stUck stock na WIS was t authorized cd as follows common and 10 thu preferred and ald tack stock Issued was Wil common tOl preferred a fl total Issuance I sll of or SiC S 0 Common stock sias Wie increased to m in 11 Jai 0 r 1889 to pro vido for exchange of or same for rol minor minority minority ity ILy holding of or Oregon Short Stuart Line In Iii JI October IS 9 the lie a Ith led ia wal Increased to 10 a and tho thin common to In Iii 11 order to pro provide II i vide Ido tot foi acquisition by b exchange of or o tho the outstanding Oll stocks of or the Oregon Hail flail fai and the tho T road oll Navigation company outstanding tock stuck and laconic Income IncomE B bowls bonds of ur tho tim Oregon Short Shot Line Lile In Iii 1301 1901 the tt common stock sok authorized was al In Inci ci eased to In order to pro provide provid vide vid for rOI tho ho conversion of ot the cOllator collater collateral al iti 11 trust truit lu t l on o ls V Another issue I was vos 18 made Ildo In iii 1904 to the if r J S 1 The Tie di dl directors 11 rectors who will represent nil alt 11 shareholders are arc W V D I Cornish h vice lle president of or tho lines hues Alex lex R It n Millar V secretary and W H 11 Bancroft rico Ic president Jre and general manager of or time tho Oregon Ore on Short Shor Line R 1 i m Tile Tho 10 of ur thc the Valley al X Southwest t St SI Anthony AnthonyV V og AVest rn Park arle and Ind Salmon City lI railroads met I L this tItle morning In the offices s of o Manager Bancroft of or tho the Short Lino The limo meeting was WOI a u special one cue called n led to t mall malto provision lon for COl bonding thin the various prop In liquidating cop coni COl ln K E J ham was WAR choon cho n In place of at o Mr I Calvin us 10 I dIrector Mr Mm 11 Calvin removed rn o ed to Lu San co The Tho directors oe of o the thur six eI roads arc mostly this the same sane men Inca lucid held heil so 50 0 that a joint lo was |