| Show SANTA STA Fl VI US No So Opposition to In lii Ini i Stol Mock Kan ln Jan Jail 24 Practically no 10 opposition ol was manifested at the meet log In of ot the stockholders of ot the time Santa To 10 today to the lie proposition of or the time common stock stoc of the time company and tint Issuing convertible bonds bonel The Jha only opposition was WO expressed by hy th time the proxies of H K small smal number of the tho holders of ot stock tock Over Oer of oC tho the shares of oC stock of the Ihl or shares of ot if preferred l and shares of lt coma com common COl moo mono aggregating n a total I of ot shares chores were voted In 11 aver of at the tIme prop proposition Time The common commotion stock of ot tho the company Is to thereby hy Increased from ruin 10 to 10 rhe The purchasers ers of ot the time Issue of JEO tO 00 of ot bonds will wi bo be allowed allotted the Privilege of converting the bonds Into common stock at Rt any nn time time thov holder chooses eA The rho bonds hOI H wilt will wil beam hen 4 per er cent At the tho present price prie of common stock the time bond Ilon would wouN be a mt I niece more profitable In than thal the share shame of stock which may mans mi he lie In iii exchange for tor each elich bond at nt tho the option opton of the holder The Th tolle realized from flOI from Iho uhs Ih sal nt the bonds will trIll il hOve have to t be le used SI solely ie o In building or acquiring o actually new additional a mileage or property Work ork on existing lines Is taken care of ot In a II separate account Time Tho meeting today was attended by ly h President B E P vIce Ico president H g F IX fl 1 SL j A Denting Deming A C Jobes Jobee Howell 1 0 wIll Jones J W brake V Heed led C e S Glee and amid I ril P 1 I 1 Hone Bone |
