Ogden Standard-Examiner | 1920-04-07 | Page 13 | Great Western Defers

Great Western Defers Payment of Dividends CHICAGO. April 7. Tho Chicago Great Western railroad will declare no dividends until accounts am adjusted with the government and the -matter t of increased rates has been settled. President Samuel J'2. Fclton said (it a meeting of stockholders. Thc conr- ' pany had paid four per cent on its'-'- j "ll preferred stock, but the quarterly dlv-? i! ; klend of one per cent due January 1? ij M was passed. " - No action was taken on thc pro-? ' posal to consolidating thc Wisconsin; " Minnesota & Facific, a proprietory n line with thc Chicago Great Western, ' as the necessary two-thirds of stock' S ' Lm was not represented. President Fel.- , ton said tho company had asked the interstate commerce commission for-. 'H a $2,000,000 loan from tho govern-''" i :H mam monts revolving fund for equipment? ' i, : ' it, im