Show GORNISH SH IN CITY I TO VOTE PROXIES j jo o Union Pacific Recapitalization Scheme to Have Official Ratification NEW ISSUE 1 I II I Will Wil Mean a Fee forthe for forthe the State Slate of William D D. Ie vice nl o f the the- Union Railroad outi com com- 1 uny Is Js In this hut city to be io present at atin in tn and timid unusual meeting of ot f the Ime h directors of om th that t company Ime If eti cd lo tu will wi be Le held tI this t 1 or 01 tomorrow In itt the Iho ollice if C c oral Manager Iala cr W. W II I. I ulce In n mi 4 the Deseret News building 1 18 Its chief purpose e is to tim LJ ie by baHot time the Issuing B of or additional a to lu the time present Union Panic Pa Pa- hue eWe stock This Increase e ea a was author author- z seQ d some time into ago agu b by time the executives es of ml f time the company In Iii New York Yurko and amid he lie meeting In this city cly is but hut the Cormal for for- mal lal mial carrying out of that work The meeting cat groat n ns os is its ls alce nice nce will consume only a few ute les ites of time line The Time directors present wil ill nh vote vule time the required stock toek h by proxy LOX rox A similar meeting was held in iii this ci ity Match March 13 3 3 when a l similar mount was wn a added to tho the company's stock lock making the this total Tho lie no acton action tl taken ln at al the lie coming mt-el- mt In ig mig will wi make llio tho total stock I U 0 I 0 0 An Important feature in connection wih the tho action taken taen h by the tho railroad Is that the state will wi lc be made mado richer helmet to tn the tho tuno of 2 which amount will wil be he filed f with w th tho the secre- secre t ary uy of or state stale as ax a a u fee ree This will wille wI he e one of hit largest of ur Us Its Is kind ever mad in iii the state Mr Mi h Cornish h has haa ha his lila In lit l Vow Now York York- York Cit City his In n D During stay slay Sail Ball alt Lake he Is at tie Ihu lw SUIT SUIL TO 10 ng FIliEl t Compact ahl to tIc lie Made huh I by Im n Big New ew June 13 According to tu given tonight by thus thu lontor S Ina T of lor otio OnH lon ht ot n h I dl li 1 rh y to Ii bi bl gniK bt-gniK I W lb man manto Jan an r l i to te compo compel the Union ulon Pacific corn com cm pany pammy to dispose of or all al the stock In para parallel lt or thu Jc himics recently purchased hum b by Iho Ito Union company It I la us the time intention of oC C financier the tue attorney to take tako no rio action until the time stockholders have havo voted In Sn favor lavor of the thc oral and alI bond Issue isle in iii the lug nc called calet for or Saturday n In Iii Salt Sail Sal Lake Lako ej City If It I the time stockholders approve liT C time the 11 bond IM- IM NUl sue suo time tho suit sui will wi bo be bt begun both Jn In the Iho talc state nn and amid federal courts The Tho exact tints of Ilm filing It I has not bi n decided th tue attorney says At but ut hit Hie suit stilt sui probably will willbe wll be bC on om 01 d by l h July Jul 10 on omi which date hate tim th r right of st stockholders to subscribe to to the 1 10 bonds will wm expire This fh suit sul will wJ bo Ut 0 In lii II substance an un action to restrain the time Union Pacific from executing ing lug an any mOlt mortgage to secure the 1 bond lond Issue or If IC the time mortgage bo bu already executed then lien lo to restrain the the Issue of or time tw bou bonds s The limo suit Nult will wi also al o demand that thai all al stoc stocks in lii question be disposed cd of im- im med mediately lately The rime complainants will wi be Ime a group 0 of stockholders representing rC a about oU nine mime thousand shares of or stock I lomi 10 Power er Ct hev hey fear rear that I If thc tho he men who now C ti tm-el tm Ulion Union Pacific get gel ct the iho which time the company now se seeks ks through bond au and stock issueS Issued tSUe that thai time the th next step tep Pacific will will- willbe be he to totS of tho time masten of or Union wH tS use the time enormous enormous- quantity of or 8 securities held In iii tho the company's treasury to pro- pro cuie cume another W to bo be 10 used In tn c m- m CUl stock lo to dominate the Iho of the world They have been brought 1 lo to time belief of ur the time world that investors In all ul pails are arc f tightened by I the thE stock market Iua Union Pa lt ion Uon created a as a 0 result of or the lie Ulion due lon purchases and aud LImo Iho public wilt wl never buy stocks until tIme Union Pacific ne Cl shall have been brought within the lime law They e have pleaded etl with wih Harriman l tu buthe hut but make ess cont-ess ons to popular he lie has refused to yield Time The last lat effort clot held only I u t to lo this end enu was In a me tnt hell l action is K Tho e few sir EW days ago HJO acton therefore designed to lo strike at al the tho root of the ti null and If hi tim time the struggle struggle iMm 1 tlc Is 19 eliminated these men believe that he Ime himself hmel r will 1 bo be to blame |