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Show NEW MEXICAN ROAD ASKS CHANGE IN CAPITAL STOCK WASHINGTON. Ian. 1 4 --The El Paso & Southwestern I'.allroad company, com-pany, operating :l Uhc from Dawson. N M-, lo Tucson. A I'll., via El Paso. Toxas. desires to change Its fixed capitalisation cap-italisation of $35,000,000 to an undetermined- amount. The company applied today to the interstate commerce commission for I par mission to issue one million share! of btoi i; of no par value to replace the 350,000 shares of a par value of ,$100. issued and unissued. Seven hundred anri fifty thousand shares "f the new issue would be exchange for I the 2.SU.OO0 share of old stock now outstanding on a basis of Hire,, shares i for one and the remainder of the one million issue wouln replace the 100'-000 100'-000 shares of old btock remaining unissued. un-issued. . As understood at the commission's office the road wishes to obviate the IV Ity Of coming before the com-Dh com-Dh from time to time for author-! ity io Increase Its capitalization asi changes and bclferraentc are made |