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Show ' PLAN DISSOLUTION OF 0. IIHO S. P. DIPECTORS OF THE TWO ROADS ISSUE STATEMENT AFTER PROTRACTED PRO-TRACTED CONFERENCE. Attorney General Will Not Oppos Plan Which Will Now be Laid Before Be-fore Federal Court Where Action Waa Originally Taken. New York. Plane for the dlssolu-Hon dlssolu-Hon of the Union Pacific Railroad company com-pany and the Southern Paolflo company, com-pany, na decreed by the United State supreme (curt, officially were announced announ-ced In detail Thursday nlrht after a protracted session of the director of t'ae two companies. The term are aid In a atate-ment insued jointly by tho road to have the approval of the deimrtmcnt of Justice at Washington and (ho agreement now awaits confirmation con-firmation of the court In the federal dlBtrlct where the action was originally original-ly taken and by the railroad commission commis-sion of the state of California. In aroordanco with recent Intimations tho aovcrunoe of Union Pacific and Southern South-ern Tuciric reeulta in Union Pacific's absolute pui-cha of Central Pacific, which baa been the bone of contention bt-twei n the two principal rouds of the Harrlniar. system. The agreement also provides for the sale of fell the Soirtborn Pacific stock held by Uulon Faciflc at 98 per cent, with accrued dividend to the stock- ( hililers, common and preferred, of tho Union and Souf'.iern PaHflc, other than the Union Pacific and Oregon Short Line. It Is understood that a syndicate ha been formed under the leadership of Kulin. Ixit-b A Co. and tbelr foreign for-eign connections to finance the a.! of Union Pacific's holdings of South-cru South-cru Pacific, amounting to $126,500,000. |