| Show STORY STOBY DENIED TODAY That Loaned 1000 eon 1100 Said Salil to tl he lie Ful o l Chicago June 27 The Record Her Herald aid ald 11 1 today says The Rock flock Island Ishad and anul the Union Pa Pu chile roads hive hate made a II loan to the hue theAlton Alton Aiton road of and 1111 It hav ha agreed to make a n further loan It Ir ac no not to exceed J The he loan was tius negotiated by the theAlton theAlton Alton Allon to pay 3 for or im which It Is desired to lo make niale e ethis this year The Thc Alton Allon iton preferred get getting getting ting the tho loan from the thc two roads nam named ed rather rother than to lo go Into Inlo the money markets at this tills time It is probably the first loan of ot this kind by b one rail load rood to another to lo obviate oblate the necessity sity sll of asking the public pub lit to tn take any anymore anymore anymore more railroad securities The loan Is secured by b notes which will mature In lit 15 years Five FIe per cent interest will he be paid 1 The Ill Improvements Improvement contemplated by bythe h bythe the th Alton Include elevation HI n Chicago numerous yard ye ed improvement to cost several hundred thousand dol do dollars lure lars timid cutting down Kinds and abut Improving curvature on several por 1101 portions ot of the tile system A story that hat I F H 11 hud loaned to the tue Alton Altott board to t prevent the lie company from tram passing II n dividend Is I emphatically declared to tobo toh bo h false talat John lohn J Mitchell president ot nt th the Illinois Trust K Savings bank ami director of or the Alton Allan ton declares Mr hues has not loaned a 1 dol rIot dollar her lar to lo the Alton Allan road roach nor does hu h con COli contemplate template no so doing |
