Show TOBACCO COMBINE FORMING trust to have cap of ter B 11 II on dollars A meeting ot of the american the con Boll soli dated and the continental companies was held h ld in jersey city for action on the agreement for the mer ger or consolidation of the three corn bartles which had been adopted by th directors of the consolidated tobacco company on september 9 1904 the plan submitted proposes a consolida consolita con solida tion of the three concerns with a total bond and stock liability of about something like 00 less than the aggregate of that of thi thu three companies at p present resent it is pro posed that all of tho the present condoll dated tobacco companies collateral trust bonds shall be withdrawn and that the only bonds to be left ing shall be the 6 per cent and the 4 per cent direct obligations of the new company |