Show UNION PACIFIC INCREASES ITS CAPITAL STOCK new bond will be isford f tahe up S P securities A special meeting of the stockholders of the union fie railroad company was held in salt lake saturday at which the common capital stock was increased by the sum of fand the company was authorized to issue of new 4 per cent bonds the additional stock makes the union pacific total capitalization 96 which is said to be the largest in the world of any one single corporation present at the meeting were president burt who presided secretary millar general solicitor W R kelly attorney lawrence greer of new ork and others the proxies were voted millar kelly and greer out of a total ol 01 1 shares inar 1 45 were voted the result being an affirmative vote on the action relating to the increase in stock and the ideue of bonds the action was taken in following up the immense purchase of edward H harriman and associates of the speyer huntington interests in the southern pacific the stock Is to be issued for southern pacific stock and the bonds exchanged for southern pacific bonds but the company has five years or until may 1 1906 to complete the ex change of bonds in the meantime more southern pacific securities can be secured so that the bouthern will be wholly engulfed by the great syndicate |