Show I lUl f PACIFIC PLAN I AP l' l DYED IY COURT crr Final cree in in Dissolution Suit It- It Three Federal Judges St. St Paul at l ENDS NOS WHEN PAPER is isIF F L f FILED IN SALT LAKE COURT 1 IF if of Litigation Begun L in 08 Comes as Surprise to f Attorneys on Both Sides A ST ST. CT PAl 30 Federal Federal Judges Judg H. H Sanborn William C C. 4 Hook 1 Smith sitting as 35 the district court of tho the United 1 States f for or fc 1 district of Utah late today approved the plans agreed upon by Attorn acne ral and attorneys cys for the Union Pacific road rond 11 and the f i is Union Southern Pacific Pacific merger known as the great greal L' L 1 HaIT practically came TO an end nd The decrees signed toda today will o with wit its filing in the federal court at al Salt Lake Utah 1 which pro will take tako place next Wednesday or Thursday With hu handing down own of tho the final decree today years of litigation i came to 4 the Iho first suit o of the gov government to dissolve c the lU merger 4 having be belled at Salt Lake in 1908 Tho dec toda today came camp as Ls a sur ur- ur prise Th Tb as a. a brief brier hearing this V morning Ju a the government go was as I G G. G Carroll Todd special a assistant Wie 10 e attorney general and amI the tho Union b by N. N H. H Loomis and H IL NV Yo CJ Ci the tho court took the ca case casc e wr I r advisement ul calling in inthe inthe the attorneys a number of ot es to iJU h. h them further con cn- t plan b bit 4 there thera no hint that would would- b gi en A c J Decree e. t Shortly Shortly If or ore o'clock 1 ck Judge San Fan 9 born bori pre g. g called in Ia respective the tive atto xi d announced thet tI the the- I court I h l ded d to enter a a- final d de deer de- de rT croe e. e app PD r er g the the- plan as presented jy by y the a a. ey Y general and the Union oo 00 1 with l pr practically ally but ono onu u V Vs V's Thie e Uon WAS WU the tho of oC G. G cf of t New York City a a. LV co co stoner of 01 the court to see th the er and the spirit of the plan is c ed d out Tb The court also di directed directed directed di- di hi 0 report to it from time to time In bri he plan which had the ap approval ap- ap p pro provat rc resident Wilson 1 presented by Jy the a ney general and counsel of oC I tJi the roa rOM nd approved by the court COUlt prOvIdes nt at the tIle Union PacU Pacific c shall I O of or its I the Southern Pacific for th the tho thoV V fa roads road's entire holdings In I 1 Con on ri Page g 7 7 Column 1 MERGER PLAN IS APPROVED BY COURT I 1 Continued d from Pa Page Pago e 1 the Baltimore Ohio virtually Ohio virtually an anual fn ual lal amount that the tire remaining 88 shall be sold old to tho tine genera general public through tho tire Central Trust rust company com corn pany of or New ew ew York that no present stockholders in tho the Union Pacific con- con as a such uch may bu buy an any of ot the tire theS S Southern Pacific stock so lO sold fold that the transaction should begin November 1 E lr 1913 and If It not complete by br Janun Janu- Janu gry ry n J i 1916 the tire court should hould direct the disposition of or any nm Southern Pacific Pacto took ock remaining unsold ld c ignores Ignore Attorney torne G Generals General's n B tho the decision today the tire court disregarded Lila dis regarded the tire desire of or tho the attorney general that tha final nal decision bo be withheld t for r the Interposing of objections b by interested in- in partes parties to which portion porton of ot the tho attorney generals general's generals plan Mr rr Loomis Lomis objection ton at tIre the hearing earIng today az aj unfair to the road The rho attorney 6 o general also had asked in this connection tion that there thero be publication of ot tho plan pian 3 as in tn th the tho American Tobacco corn com company p pany lW case calling the tine attention of In Int Interested interested In- In t partes parties that objection might be made but this was overruled b by the handing down of the decree b by the court We le deem a a. a decree of or dissolution f more necessary at th the tho resent present time than any airy other action acton said Judge Sanborn after announcing announcing tho decree decree r. r The Tho government however In tho the plan presented present d today and approved by th the court expressly stipulates that If i a any apy n. n 10 illegal al condi lon arise from the tire thee e exchange chan e of or stock either cither under exist exist- ing or future legislation or future In Int interpretation In- In t b by the tire courts of present t statutes the government would have the tine right treel freely to assail the arrangement ar nr- ar- ar k In presen presenting presenting- the tire plan of at tho the court toda today Mr Loomis said This is the third and amended plan for dissolution and Is offered as ns a a substitute for previous pre plans It I differs dif dit- fers from tho tire others in tho the provision pro for the sale salo of worth of at stock through h a trustee under the thc direction of at the tho court It I also provides pro ldes a speedier method of or the tire securing certificates of or stock The Tine previous plans contemplated the completion of ot tho the dissolution in five years rears B By throwIng throwIng throw- throw Ing lug restrictions about the use of ot tho the stock certificates this plan will mako j If possible to complete the dissolution b by January Januar 1 1 1916 1 Mr Todd left tonight for Washing tm ton and Mr lr Clark and Mr Ir Loomis Lomis for NOW New York and Omaha respectively The They declined to discuss th time the decree of t the tre e court |