OCR Text |
Show Officials of the Harrimnn lines said todaj that should the increase, which amounts to $72.500,01111, be grauled, no pew stock would be issued in the near future, but would be held for emergency purposes, although the ex-peciation ex-peciation is that tho money will the ns"d fr new construction on the Oregon Ore-gon Short Line next year. SHORT' LINE CAPITAL STOCK Ffxckhclders of the Oregon Short Line Railroad company, an Independent Independ-ent line controlled by the Union Pa-cliie Pa-cliie Kad. will lie asked to approve a proposition to increase tho capital stock of the company from $27,50u,imm to SilOfi.OOO.fiCiO. 'fhe proposition conies up for approval ap-proval at a stockholders' meeting xn October 12, at Salt Lake City. I All of the stock of the Oregon Short Lino is owned by the Union Pacific. |