Show THE FIRST MEETING THE PLAN OF OP THE financiers CARRIED THROUGH EIGHTY PER CENT OF STOCK VOTED the first meeting of the stockholders of the union pacific held in salt lake yesterday promptly carried out the plan laid down and iby voting about SO 80 per cent of the entire stock of the company agreed to the he increase of stock and the amending of the articles of association of the company the following Is substituted as article 4 the amount of the capital stock of the said corporation shall be which shall ber divided into ana and represented by shares of the par value of each and each of which shares shall be entitled to one vote at any meeting of stockholders of such capital stock shares of each may be issued as preferred stock and shares of each may be issued as common stock su such eh prefer erred mock shall be en entitled lt tied in preference and priority over the common coniff ion stock of eald said corporation to dividends in each and every fiscal year at such rate tate not exceeding 4 per cent per annum payable out of net profits as shall be declared toy by the board of directors such dividends are to be cumulative non and the preferred stock is entitled to no other or further share of the profits the directors may adopt proper bylaws by laws to carry into effect fact the provisions of this article the increase in stock will be used as previously explained in these columns and the absorption of the 0 S L and 0 R N will soon be complete |