Deseret Evening News | 1908-01-14 | Page 1 | Month's Time Granted Baltimore & Ohio

MONTHS TIME GRANTED BALTIMORE OHIO Chicago Jan M 11 Ono month moth more has laK been beon granted to the tha Baltimore Ohio Railroad company in which to toral raise ral e and buy tho shares in hi tha Ol Terminal Transfer com company com pany vimy held by tho to minority stockholders This decision was reached at the t nd ad meeting of ri In ln rl terminal te company yesterday Another hotbo t accordingly taken taken to Feb 17 r i fc Jw Bp rf f If I the tho Baltimore it Ohio hlo management In i IB unable to raise ril the moner IW the tl mi ml Interests may macar carry out threat and attack tha legality of the e lease Under It the Balti Baltimore more m re Ohio pays p r year ear for tor forthe the he uio of ot the Grand Central Contral station st ton Tc he minority stockholders claim It is Inadequate IV possession of ot tho tote terminal trans transfer fer fel property ha been one of ot the point of ot Morgan Morg Hill ond Harriman Interests r com company pany Is now In the tho hands of a receiver with wih Judgments and cost aggregating f 1 standing it ITh Tho mi ml minority claim clam It IH easily ly worth and would bring that sum BUn If It sold at auction wore It not for tor the tho Ohio hlo lease Ica This would mean an equity of ot or 26 0 a ashare ashare share share for tor tho holdings and tho offer ofer was S accepted The option ovton expired on Jan 1 I hut but by tho action acton at thu tho meet meetIng mee InK Ing yesterday the tho Interest are given until unU Fob 17 to make make tha tho It I IN II said that If It this can bo b done dono the Interests will wi not Koek Moek to tho Baltimore Ohio but will wm consent to Joint ownership